TEHRAN: More than 1,200 cargo vessels carrying goods worth an estimated $125 billion have been stranded by the prolonged closure of the Strait of Hormuz, exposing the vulnerability of global commerce to disruptions at
NEW DELHI: Eleven merchant vessels carrying crude oil, gas and fertilisers to India have transited the Strait of Hormuz and two other ships have sailed from the country towards the Persian Gulf since Iran
Large scale operation to be carried out in cooperation with States and industry LONDON: Following the signing of the Memorandum of Understanding between the Islamic Republic of Iran and the United States, IMO Secretary-General
KOBE: Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that a media tour of a car carrier was held at the Port of Kobe on June 13. This tour was conducted in
TEHRAN: Iran’s Parliament Speaker Mohammad Bagher Ghalibaf has said that the Strait of Hormuz will not return to its pre-war operational status and asserted that Iran will manage the strategic waterway under its own
LONDON: A freight forwarder has added to the warnings of chemical executives that traffic through the Strait of Hormuz will take several months to return to normal, and that’s if the US and Iran
BURGENSTOCK ( SWITZERLAND): Iran and the United States have established a direct communication line to “avoid incidents and miscommunication” in the Strait of Hormuz, mediators Qatar and Pakistan announced on Monday after the first
SINGAPORE : Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed the waterway over
RIYADH : Saudi developer Red Sea Gateway Terminal is set to start full-capacity operations at Bangladesh’s largest port in Chittagong in July, as it has just completed the deployment of specialized machinery. Chittagong Port
BURGENSTOCK (SWITZERLAND): Negotiations between the United States and Iran as part of the technical talks between the two sides have hit a temporary roadblock but have not completely collapsed, CNN reported, citing an Iranian