DP World enters exclusive negotiations to develop container terminal at Port of Corpus Christi
CHARLOTTE, N.C. : DP World has entered into an exclusive negotiation agreement for a long-term lease to develop and operate a container terminal at the Port of Corpus Christi, Texas. The agreement marks a
IMO Secretary-General welcomes US-Iran agreement
LONDON: The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in the conflict affecting the Strait of Hormuz. This signals a
Strait of Hormuz reopening won’t end shipping risks
LONDON: A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high insurance costs and geopolitical risks mean disruption could persist for
Saudi Red Sea Authority announces 2025 Annual Report, strengthens Sector Regulation and enhances Readiness
RIYADH: Saudi Red Sea Authority (SRSA), in its 2025 Annual Report, highlighted a set of key achievements that reflect its continued progress in building a more regulated, efficient, and sustainable coastal tourism sector. These
Iran-US peace deal expected in Geneva to include Hormuz reopening, ceasefire extension: Reports
WASHINGTON DC: Despite Iranian officials maintaining that reports of a deal with the US to end the conflict in West Asia remain “merely speculation”, a memorandum of understanding between Tehran and Washington is expected
Iran: Araghchi says draft deal covers Strait of Hormuz, Lebanon conflict
TEHRAN: The memorandum of understanding between the United States and Iran will address a range of issues, including Tehran’s nuclear programme, sanctions relief and the status of the Strait of Hormuz, Iranian Foreign Minister
Jaishankar speaks to Marco Rubio, voices strong protest over death of Indian seafarers
NEW DELHI : External Affairs Minister (EAM) Dr. S Jaishankar on Saturday said he spoke to US Secretary of State Marco Rubio to convey India’s strong protest overUS Navy attacks in the Gulf that
India summons US Charge d’Affaires, lodges “strong protest” over attacks on vessels carrying Indian seafarers
NEW DELHI: India on Friday summoned the United States Charge d’Affaires, Jason Meeks, and lodged a “strong protest” over the continuing attacks by US naval forces on commercial vessels carrying Indian mariners in the