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Offshore Warriors secures tow of Wan Hai 503 after three days of Fire fighting and Salvage Operations

NEW DELHI : In a major breakthrough, Indian Salvage Tug Offshore Warrior has successfully established a tow connection with the distressed Singapore-flag vessel WAN...

ICG, Navy & IAF execute high-risk operation to stabilise fire-hit Singaporean vessel off Kochi

KOCHI : In a major development in the firefighting and salvage operation of Singaporean Vessel MV Wan Hai 503, the Indian Coast Guard (ICG),...

Indian Navy evacuates Indian seafarer from a Singapore-flagged tanker Eagle Veracruz

KOCHI : The Indian Navy undertook medical evacuation of a 41 yr old Indian seafarer from following a medical emergency alert from Singapore-flagged oil...

Global freight ships set defensive plans for Israel-Iran conflict, Strait of Hormuz risks

NEW JERSEY: Commercial traffic including critical global oil trade continues to flow through the Strait of Hormuz after Israel’s attack on Iran, but maritime...

Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report

NEW YORK : Israel's airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional...

New ICS Chairman Designate named and Secretary General takes the helm as industry faces critical global challenges

ATHENS : Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by...

Israel-Iran war leaves India’s tea export­ers wor­ried

NEW DELHI : Indian tea exporters got worried as Israel on Friday launched strikes across Iran, India’s second most important market for the brew. India’s...

Another Container Ship ‘MV Interasia Tenacity’ catches fire, Blaze under control, Vessel continues voyage

MUMBAI : A fire broke out aboard the Singapore-flagged container ship MV Interasia Tenacity near Mumbai's coast on Thursday morning while it was en...

CoPA & OIL sign MoU for offshore oil exploration support base at Kochi

KOCHI : The Cochin Port Authority (CoPA) and Oil India Limited (OIL) signed a memorandum of understanding (MoU) for supporting offshore oil exploration of...

Maritime war risk premium could rise if Israel-Iran conflict escalates

LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants...
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