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 the conflict affecting the Strait of Hormuz. This signals a
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 BIMCO: “The statements by the US and Iran are
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 insurance costs and geopolitical risks mean disruption could persist for
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 could help restore stability in West Asia, reopen the Strait