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US launches strikes against Iran after Apache helicopter incident: CENTCOM

WASHINGTON DC: US Central Command (CENTCOM) said American forces have begun launching self-defence strikes against Iran in response to what it described as "unjustified...

Houthis declare Red Sea blockade – and insurers face a two-front crisis

SANA : The insurance market had barely begun pricing the Strait of Hormuz back into something resembling normality when, early on Monday morning, the...

Omani authorities rescue all 24 Indian crew after fire incident on oil tanker MT Marivex: Indian Embassy in Muscat

MUSCAT: All 24 Indian crew members aboard the oil tanker MT Marivex were safely rescued by Omani authorities after a fire incident on a...

CONCOR highlights India’s Multimodal Logistics Vision at U.S. Forum on Indian Ocean Supply Chains

WASHINGTON DC (USA): Reinforcing India's growing role in the global logistics landscape, Container Corporation of India Ltd. (CONCOR) actively participated in the prestigious U.S....

Iran lawmaker says ships pay up to $2 million to cross Hormuz

TEHRAN: Iran currently receives an average of $1.5 million to $2 million from each ship passing through the Strait of Hormuz, Mohsen Zanganeh, a...

US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalation

FLORIDA: The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the...

DP World launches Nuclear Energy study at Port of Constanta in Romania

CONSTANŢA /ROMANIA : DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and strategy...

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

HONG KONG: Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued...

Hormuz flows may remain in limbo even after conflict ends: experts

NEW YORK: The war in Iran could end in a scenario in which control of traffic through the Strait of Hormuz remains in limbo,...

Panama Canal congestion hits yearly high, prompting Jones Act waivers

PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic...
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