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Iran closes Strait of Hormuz again over Israel’s attacks on Lebanon

TEHRAN : Iran said it was once again closing the vital Strait of Hormuz on Saturday over Israeli attacks in Lebanon, as Iranian and...

Shipping groups want mines cleared, TSS restored for normal Hormuz traffic

BANDAR ABBAS : Maritime traffic via the Strait of Hormuz will only return to normal levels when mines are removed and traditional routes restored,...

Indian Navy to commission three indigenous Naval platforms in Kolkata on June 21

KOLKATA: The Indian Navy is scheduled to commission three indigenously built frontline platforms, 'Dunagiri, Sanshodhak, and Agray' in Kolkata on June 21 (Sunday). According to...

Iran imposes mandatory insurance on ships transiting Strait of Hormuz, with fees likely to follow

TEHRAN : IRAN has introduced mandatory insurance for all vessels transiting the Strait of Hormuz, requiring shipowners to obtain coverage approved — and initially...

Rising geopolitical tensions and the growing importance of marine war risk covers

It no longer takes a full scale war to disrupt global trade. A missile strike near a busy shipping lane, a drone spotted at...

Israel and Hezbollah agree to renew ceasefire after flareup of violence

TEL AVIV: Israel and Hezbollah agreed to renew a fragile ceasefire in Lebanon on Friday after 24 hours of intense violence that posed an early challenge...

Goldman Sachs warns Strait of Hormuz traffic may recover to only 70% after war

BANDAR ABBAS : Oil flows going through the Strait of Hormuz may recover to only about 70 per cent of their pre-war level, according...

From Klaipėda port to the world: First green hydrogen-powered waste collection vessel begins operations

KLAIPEDA: A new chapter in the history of green shipping has begun in the Port of Klaipėda with the official naming ceremony of Rasa – first...

PM meets US President Trump on the sidelines of the G7 Summit in Evian

EVIAN: Prime Minister Shri Narendra Modi met the President of the United States of America, H.E. Mr. Donald J. Trump, on the margins of...

PM Modi discusses maritime connectivity and collaboration opportunities with CMA CGM Chairman and CEO Rodolphe Saadé

PARIS: The Prime Minister, Shri Narendra Modi, had a fruitful discussion with Mr. Rodolphe Saadé Chairman & CEO of CMA CGM on maritime connectivity,...
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