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Global trade reroutes to Africa as Hormuz traffic plunges 90%

LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global...

Shipping Ministry Reviews Maritime Situation in Persian Gulf; Enhanced Monitoring to Safeguard Indian Vessels & Seafarers

NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) is closely monitoring the evolving maritime security situation in the Persian Gulf and has strengthened precautionary...

DG Shipping forms Quick Reaction Team to handle Persian Gulf crisis

MUMBAI: In the wake of the US-Israel joint strikes on Iran and the subsequent retaliation leading to wider ramifications in the Persian Gulf, the Directorate General...

CMA CGM suspends Middle East Bookings, Implements Emergency Measures amid escalating Regional Tensions

MARSEILLE: Global shipping major CMA CGM has announced sweeping operational measures across the Middle East, including the immediate suspension of bookings to several regional ports and...

Middle East Impact: Over 1,000 Food Containers stuck at Mumbai’s Jawaharlal Nehru Port

MUMBAI: Mumbai's Jawaharlal Nehru Port Trust is facing the heat of the ongoing war in the Middle East region. As tensions between the Arab...

400,000 tons stuck in transit: Iran conflict disrupts India’s basmati exports

NEW DELHI: About 400,000 metric tons of Indian basmati rice are stuck in transit as the Iran conflict disrupts shipping routes across the Middle...

Iran to allow Only Chinese Vessels through Strait Of Hormuz: Sources

TEHRAN: Iran has said it will allow only Chinese vessels to pass through the Strait of Hormuz as an expression of gratitude for Beijing's...

Attack on oil tanker ‘Skylight’ highlights risks to Indian seafarers in Persian Gulf route

OMAN: Iran has attacked an oil tanker 'Skylight' passing through the Strait of Hormuz near the coast of Oman, as it retaliates with all...

Saudi’s Aramco explores Oil Exports from Red Sea to avoid Strait of Hormuz

DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that's situated outside the Persian...

INTERTANKO and OCIMF have issued the following joint statement

LONDON: INTERTANKO (the International Association of Independent Tanker Owners) and Oil Companies International Marine Forum (OCIMF) have issued the following joint statement:  "As we monitor...

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