17 Indians on ship “MSC Aries” seized by Iran off UAE coast amid tensions
TEHRAN : Iran seized a cargo ship linked to Israeli businessman Eyal Ofer on Saturday amid growing concerns about a wider Middle East war. Indian authorities are now in touch with their Iranian counterparts
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 in Israel, Saudi Arabia and elsewhere
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 was brought to us two nights
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 in the series of 3,055 TEU
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 Dry Canal project that will begin
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 EU tanker imports. Now, attacks on
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 Iranian retaliation for a suspected Israeli
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 2,500 TEU Maersk Yorktown was being