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MEG offshore sector: resilience in the short term, structural risks on the horizon

LONDON/SINGAPORE:  A combination of contract terminations, spiralling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore...

IRGC claims it hit “US-owned” commercial vessel ‘MSC Sariska V’ with cruise missile

TEHRAN: The Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for targeting a Panama-flagged container ship, identifying the vessel as the "US-owned" MSC Sariska...

Transits through Strait of Hormuz remain limited as Iran-US peace talks fizzle

HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend,...

Iran’s IRGC says 28 ships passed through Hormuz in the last 24 hours

TEHRAN: Iran's Islamic Revolutionary Guard Corps (IRGC) on Sunday said that 28 ships, including oil tankers, container vessels, and other commercial ships, passed through...

118 commercial vessels redirected, five disabled under Iran blockade: US military

FLORIDA: The United States Central Command (CENTCOM) has announced that American forces have redirected 118 commercial vessels and disabled five others as part of...

Iran’s new Strait of Hormuz body condemns US sanctions, vows ‘no interruptions’

TEHRAN: Persian Gulf Strait Authority (PGSA), Iran's new body to manage the passage of vessels through the Strait of Hormuz, condemned the US sanctions...

Global Shipping firms warn of rising trade costs amid route disruptions

LONDON : Global Shipping companies are facing mounting costs and capacity constraints as trade disruptions force cargo operators to rely on alternative routes, raising...

Republic of the Marshall Islands Maritime Administrator Welcomes HEROIC IDUN Judgment

HAMBURG: A Special Chamber of the International Tribunal for the Law of the Sea (ITLOS) delivered its judgment Wednesday in the case of the Republic of...

ClassNK releases PrimeShip‑HULL 2026.1

TOKYO: ClassNK has released PrimeShip‑HULL 2026.1, the latest version of its hull structure assessment software for shipbuilders and design firms. This release integrates the...

“K” LINE Awarded CDP’s “Supplier Engagement Assessment” A score

TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K“ LINE) is pleased to announce that the company was awarded the “Supplier Engagement Assessment” A score for the...
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