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Two crew members injured after tanker hit in Strait of Hormuz amid escalating US-Iran tensions

PORTSMOUTH: A commercial tanker transiting inbound through the Strait of Hormuz was struck by an unknown projectile on Monday, causing minor injuries to two...

Maersk firms up massive order for 26 large LNG dual-fuel box ships

COPENHAGEN: Danish liner giant Maersk has confirmed a massive newbuilding order for large LNG-fuelled container ships, following intensive market speculation. A Maersk spokesperson said...

Iran rules out reopening Strait of Hormuz, returning to talks until US meets Tehran’s conditions

TEHRAN: Iran has ruled out reopening the Strait of Hormuz or returning to the previous framework of negotiations with the United States until Washington...

Ocean container shipping rates could test record highs as Iran war fuel spike drives rise, analysts say

LONDON : The off-contract ocean container shipping rate from China ‌to the U.S. East Coast has returned to levels seen after COVID-19 upended global...

Container shipping resumes Suez Route amid renewed Red Sea risks

CAIRO: Container shipping’s return to the Suez Canal is gathering pace, even as fighting around the southern entrance to the Red Sea is moving...

The Houthis have further tightened their grip on the Red Sea. Here’s what it could mean for the world

LONDON: In recent days, the Houthi rebels in Yemen have moved with lightning speed along the Red Sea coast, taking control of the vital...

Maersk, Hapag-Lloyd to sail more container ships through the Suez Canal

COPENHAGEN: Shipping group Maersk said on Monday that four more of its joint container services with Germany's Hapag-Lloyd will resume sailings through the Suez...

“K” LINE – AiP acquired for Standard Low-Pressure Liquefied CO₂ Carrier toward Realization of CCS Business in Japan

BANGKOK: Six companies, including Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Mitsui O.S.K. Lines, Ltd. (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line), Nihon Shipyard Co.,...

ClassNK issues Approval in Principle (AiP) for a 42,000 m³ LCO₂ carrier

BANGKOK: ClassNK has issued an Approval in Principle (AiP) for the design concept of a 42,000 m³ liquefied CO₂ carrier jointly developed by Kawasaki...

Chennai Port Authority launches Container Rail Promotion Scheme to boost Hinterland Connectivity

CHENNAI: In a significant move aimed at strengthening rail-based container transportation and expanding its hinterland connectivity, the Chennai Port Authority (ChPA) has introduced the...
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