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ClassNK launches the co‑creation digital marketplace “ClassNK Design Data Marketplace”

TOKYO : ClassNK has launched the co‑creation digital marketplace“ClassNK Design Data Marketplace” for stakeholders in the maritime industry. The marketplace is a matching site...

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...

BIMCO comments regarding a reported Peace Deal between the US and Iran

LONDON: BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at...

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...

Sallaum Lines orders its Largest Vessels, 2 + 2 8,600 CEU Dual-Fuel Car Carriers

LIMASSOL: Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for...

Let the oil flow: Trump announces completion of US-Iran peace deal, removes naval blockade on Hormuz

WASHINGTON DC: United States President Donald Trump on Monday announced the completion of the peace deal between the US and Iran, declaring the reopening...

World welcomes US-Iran peace deal as major diplomatic breakthrough for regional stability

DOHA: World leaders on Monday welcomed the peace deal announced between the United States and Iran, describing it as a major diplomatic breakthrough that...

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

BENGALURU: Union Finance Minister Smt. Nirmala Sitharaman on Sunday said India faces risks from crude prices, West Asia tensions and Strait of Hormuz disruptions,...

What the Red Sea Crisis teaches Importers and Exporters about Supply Chain Resilience

US-Iran deal eases uncertainty over the war – but there is much still to play out

LONDON: Finally, after what have seemed like countless false starts, a deal has been agreed by the US and Iran. Both sides have predictably...
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