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 on it and vowed to continue its operations “without interruptions”.
LONDON : Global Shipping companies are facing mounting costs and capacity constraints as trade disruptions force cargo operators to rely on alternative routes, raising concerns about higher prices for businesses and consumers worldwide. Senior
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 the Marshall Islands v. Republic of Equatorial Guinea “Heroic Idun”
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 evaluation functions for IACS Common Structural Rules for Bulk Carriers
TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K“ LINE) is pleased to announce that the company was awarded the “Supplier Engagement Assessment” A score for the eighth consecutive year, the top rating, on “Supplier Engagement Assessment”
PORTSMOUTH: BAR Technologies has appointed Panmarine & Industrial Services Ltd. as its commercial consultant for Greece, Cyprus and connected territories, strengthening its regional presence as wind propulsion moves into wider adoption as a practical
WASHINGTON DC: US President Donald Trump remained committed to striking a favourable ceasefire deal with Iran, warning that he “won’t be outlasted” as he “doesn’t care about the midterm” elections. Speaking during a cabinet
WASHINGTON DC: The United States on Wednesday (local time) imposed sanctions on Iran’s Persian Gulf Strait Authority (PGSA), accusing Tehran of using the body to “extort” commercial vessels transiting through the Strait of Hormuz
FLORIDA: In a significant escalation of maritime tensions in West Asia, the United States armed forces have intensified enforcement operations to choke off maritime traffic bound for or originating from Iranian territories. Detailing the
SEOUL: South Korea’s Foreign Ministry has stated that an Iranian-made antiship missile was “highly likely” used in an attack earlier this month on the HMM Namu in the Strait of Hormuz. The targeted vessel