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Iran warns of “decisive” response over deployment of French, British warships in Strait of Hormuz

TEHRAN: Iran has voiced strong opposition to the deployment of a French aircraft carrier intended for a potential mission aimed at restoring "confidence among...

UK deploys warship HMS Dragon to Middle East ahead of likely mission to secure Hormuz

LONDON : Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort...

4th Korean oil tanker successfully transits through Red Sea

SEOUL : A Korean vessel has successfully passed through the Red Sea and is currently en route home, marking the fourth oil shipment of...

Gujarat ship sinks in US-Iran attack: One Indian killed, 17 crew members rescued; was heading from Dubai to Yemen

DUBAI: A Gujarat cargo ship MSV AL Faiz Noore Soleimani-I , sank in the crossfire between the Iranian and US navies in the...

Iran’s Strait of Hormuz blockade leaves 1,500 ships, 20,000 crew stranded: IMO

LONDON : The International Maritime Organization (IMO) has warned that nearly 1,500 vessels and about 20,000 crew members remain stranded in the Gulf following...

PSA strengthens presence in China with strategic investment in Xiamen Container Terminal Group

SINGAPORE : In a significant move to further strengthen its global port and logistics network, PSA International has successfully secured an investment in Xiamen...

Hapag-Lloyd launches podcast “Straight Talk with CEO Rolf Habben Jansen”

HAMBURG: Today, Hapag-Lloyd will launch a podcast with its CEO Rolf Habben Jansen. "Straight Talk" will provide insights into global trade developments, container shipping...

BIMCO and ICS welcome Beijing Convention coming into force

LONDON: The Convention, officially the United Nations Convention on the International Effects of Judicial Sale of Ships, entered into force on 17 February. The Convention...

Lloyd’s Register grants AiP to Wison New Energies for harsh environment internal turret FPSO

LONDON: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Wison New Energies for a new harsh environment FPSO design featuring an internal turret mooring system. The...

Maersk delivered volume growth across all businesses in Q1

COPENHAGEN : A.P. Moller – Maersk delivered solid first quarter results with EBIT of USD 340m, driven by strong volume growth across all businesses,...
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