India seriously concerned about crude oil trade due to Iran-Israel war
NEW DELHI : While Israel and allies including the US, UK and France managed to mostly foil an unprecedented attack by Iran on the Jewish state, stock markets
Hijacked ship MV Abdullah released after $5 million ransom payment to Somali pirates
GULF OF ADEN : Somali pirates released a hijacked ship, MV Abdullah, early on Sunday after a $5 million ransom was paid, according to two pirates. “The money
Wan Hai Lines names two new boxships
TAIPEI : Taiwan’s container carrier Wan Hai Lines held ship naming ceremonies for its new container ships, Wan Hai 372 and Wan Hai 376. The two vessels are
A new solution proposed for drought-stricken Panama Canal goes around it
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal
EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for
Lufthansa suspends flights to Tehran amid fear of Iranian retaliation for embassy attack
COLOGNE : German Airline Lufthansa said on Wednesday it had suspended flights to Tehran due to the situation in the Middle East, which is on alert for possible
US Navy shot down Houthi missile attacked on Maersk ship
WASHINGTON : United States forces have shot down an anti-ship ballistic missile that Houthi rebels allegedly fired at a Maersk ship in the Gulf of Aden. The US-flagged
ClassNK awards approval in principle (AiP) for methanol fuel supply system developed by Mitsui E&
TOKYO : ClassNK has awarded an approval in principle (AiP) for a methanol fuel supply system developed by Mitsui E&S Shipbuilding Co., Ltd. Methanol is considered one of the
Third channel to open at Baltimore port as recovery from bridge collapse continues : US Senator Ben
WASHINGTON : A third channel will open this month at Baltimore’s port after the Francis Scott Key Bridge collapse two weeks ago, and Maryland’s congressional delegation will sponsor
Israel shoots down drone from Red Sea with C-Dome missiles for the first time
SANAA : Israel for the first time used a seaborne missile defence system to shoot down a drone approaching from the Red Sea that had set off sirens
