Article 0 Comments Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to offer clear rules allowing vessels to resume normal...
Article 0 Comments United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel’s port side, close to the waterline, 60 nautical miles off Oman’s capital...
Article 0 Comments The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly...
Article 0 Comments India has approved a 129.8-billion-rupee ($1.4 billion) guarantee for a maritime insurance pool, a minister said on Saturday, as wars and sanctions prompt insurers to withdraw cover, threatening trade flows. The...
Article 0 Comments Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the...
Article 0 Comments The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the...
Article 0 Comments The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the...
Article 1 Comment Four people are presumed dead and 11 others are still missing after a Liberian-flagged cargo ship sank in the Red Sea following an attack by Yemen’s Houthi rebels, a European Union...
Article 0 Comments The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company that manages the vessel. MSC Mediterranean Shipping Co. has...
Article 0 Comments The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the cause of...
