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CARGO SHIP NEWS
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Int...
Oil rises after Iran shuts Hormuz again, Trump threatens new attacksOil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials...
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exitShipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Melting icebergs are dropping rocks onto the Arctic seafloor, and those stones are turning into deep-sea homes for marine life as climate change quietly redraws where life can liveMelting icebergs in the Arctic are delivering rocks to the seafloor. These rocks are becoming new homes for corals and sponges. This discov...
US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falterTensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US ...
Pakistan prevents cargo ship from sailing out after it collides with another vessel outside Karachi portA cargo ship is being held in Karachi, Pakistan after a collision at sea. The vessel, MV Nevi, collided with MV Papu on May 28. Karachi Por...
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea saysSouth Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Ho...
Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
India to prioritise releasing stranded vessels in Hormuz, may resume tanker loading when conditions improve, says officialIndia is ensuring the safe passage of its ships near the Strait of Hormuz. Tensions in the region are impacting global shipping. Authoritie...
Commodity Radar: Aluminium rally gathers pace as Middle East tensions squeeze supplies. Is 45% one-year rally sustainable?Aluminium prices remain elevated amid Middle East tensions and tight global supply, with sentiment supported by structural shortages. Analy...
Trump says he is losing patience with Iran after talks with China's XiIran war: The U.S. paused its attacks on Iran last month but began a blockade of the country's ports. Talks aimed at ending the conflict ha...
West Asia War: Ship reported seized off UAE as Trump discusses Iran with XiA ship was seized by Iranian personnel near the UAE. US President Trump and Chinese President Xi Jinping agreed on keeping the Strait of Ho...
The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
India-bound fertilizer shipment scrapped over Iran origin riskAn India-bound fertilizer shipment has been cancelled. Officials raised concerns about its links to Iran. The cargo was aboard the bulk car...