JEDDAH : The Saudi Ports Authority (Mawani) has announced the addition of the new IM2 Shipping Service by Emirates Shipping Line and Wan Hai Lines at Jeddah Islamic Port, aiming to enhance the competitiveness
ABU DHABI : His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, attended a graduation ceremony of the inaugural
OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British maritime security monitor Ambrey said that the collision on
DAMMAM : Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s conflict with Iran, fueling concerns over flows from the
ABU DHABI : AD Ports Group signed three Heads of Terms (HoTs) with the Arab Shipbuilding & Repair Yard Company (ASRY) for the provision of marine services in Bahrain to collaborate on strategic maritime
MUMBAI : The Directorate General of Shipping issues advisory in reference to the alert from the Embassy of India, Tehran, Ministry of External Affairs, dated 13th June 2025 in view of the ongoing escalation
JERUSALEM : Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel’s Haifa
NEW JERSEY: Commercial traffic including critical global oil trade continues to flow through the Strait of Hormuz after Israel’s attack on Iran, but maritime shipping experts say there will be ongoing risk that safety
NEW YORK : Israel’s airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional instability. While the escalation is bullish for near-term oil and
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It all depends on how sustained the