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US-Iran deal eases uncertainty over the war – but there is much still to play out

LONDON: Finally, after what have seemed like countless false starts, a deal has been agreed by the US and Iran. Both sides have predictably...

Xeneta Weekly Ocean Container Shipping Market Update: Rates Trending Higher

OSLO: The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades...

Iran-US peace deal expected in Geneva to include Hormuz reopening, ceasefire extension: Reports

WASHINGTON DC: Despite Iranian officials maintaining that reports of a deal with the US to end the conflict in West Asia remain "merely speculation",...

Iran: Araghchi says draft deal covers Strait of Hormuz, Lebanon conflict

TEHRAN: The memorandum of understanding between the United States and Iran will address a range of issues, including Tehran's nuclear programme, sanctions relief and...

Jaishankar speaks to Marco Rubio, voices strong protest over death of Indian seafarers

NEW DELHI : External Affairs Minister (EAM) Dr. S Jaishankar on Saturday said he spoke to US Secretary of State Marco Rubio to convey...

India summons US Charge d’Affaires, lodges “strong protest” over attacks on vessels carrying Indian seafarers

NEW DELHI: India on Friday summoned the United States Charge d'Affaires, Jason Meeks, and lodged a "strong protest" over the continuing attacks by US...

Global shipping industry associations condemn recent attacks on seafarers

LONDON: BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO unanimously condemns recent attacks on seafarers and commercial shipping in and around the...

MSC transfers Ingwe Service hub operations from Colombo to Hambantota

GENEVA : (MSC) Mediterranean Shipping Company is replacing Colombo with Hambantota as its northbound Sri Lankan hub call on the Far East–South Africa Ingwe...

Europe Can Price Carbon. Can It Actually Cut It?

By Sjoerd de Jager, PortXchange Co-Founder & Managing Director The EU ETS benchmark values for 2026–2030 will be adopted by an implementing act. Following the 4-week...

‘Restrictions in, around Strait of Hormuz causing instability across world’: UN Chief reiterates call for complete ceasefire

GENEVA: United Nations Secretary General Antonio Guterres on Thursday reiterated the call for an immediate ceasefire and the restoration of navigational rights in and...
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