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 the evolving situation across the Middle East and its
COPENHAGEN: In a renewed shift to safeguard operational reliability, Danish shipping major Maersk has decided to temporarily reroute several of its vessel services away from the Suez Canal corridor, opting instead for the longer
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over the impact on the crucial oil artery of the Strait
WASHINGTON D.C. : “The recent escalation of conflict in the Middle East is causing disruption to global liner shipping, with many ocean carriers pausing or rerouting services as they assess the evolving security situation,”
NEW DELHI: Indian Rice Exporters Federation (IREF) has issued an advisory to its members inview of the deteriorating situation in the Islamic Republic of Iran and parts of the Gulf, andreports that movements through
HODEIDAH : Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday (July 7, 2025) marking the first Israeli attack on Yemen in almost
COPENHAGEN : Maersk will cut ties with companies linked to illegal Israeli settlements on the occupied West Bank, the Danish shipping giant has said. The decision follows months-long pressure by activists on Maersk on
OMAN : The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to neutralize a threat “posed by the world’s number one state
NEW DELHI : India’s business and strategic interests in Iran center primarily on Chabahar Port, a critical asset operated through India Ports Global Limited (IPGL). This port provides India with a strategic overland route
BANDAR ABBAS : Tensions between Iran and Israel have been on the rise and one name keeps surfacing in global headlines: the Strait of Hormuz. This narrow stretch of sea might seem far from