The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
17 Oct, 2026, 01.20 PM IST
Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
17 Oct, 2026, 11.50 AM IST
Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
17 Oct, 2026, 12.27 AM IST
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
15 Oct, 2026, 07.59 PM IST
Hegseth vows to stop Iran getting nuclear weapons as anti-war protesters disrupt speechUS War Secretary Pete Hegseth emphasized that the United States must act to prevent Iran's nuclear ambitions. Protests erupted during his s...
15 Oct, 2026, 06.26 AM IST
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
14 Oct, 2026, 10.42 PM IST
Two Singapore-registered ships hit by projectiles in Strait of Hormuz, one sinksTwo container ships, GFS PRIDE and GFS GISELLE, were attacked while passing through the Strait of Hormuz. The first vessel, GFS PRIDE, sank...
14 Oct, 2026, 08.05 PM IST
Container ship sinks near Hormuz after being hit by projectile, sources sayThe Singapore-flagged GFS Pride container ship, with a small 2,824 TEU (20-ft equivalent unit) capacity, had sunk, the sources said. The ve...
14 Oct, 2026, 07.14 PM IST
Two ships hit by projectiles in Strait of Hormuz, maritime agency saysA tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has b...
14 Oct, 2026, 06.02 PM IST
In 1952, the US built a ship with a secret military purpose that still holds a world speed record. Now, it’s set to become the world’s largest artificial reefThe SS United States, once a majestic passenger liner, is set to embark on a unique destiny as it plans to be intentionally sunk in Novembe...
13 Oct, 2026, 09.32 PM IST
Drones hit ships in Black Sea, sinking 1 and prompting rescue operations, Bulgaria saysOn Tuesday, drones targeted two ships in the Black Sea off Bulgaria, causing significant damage and injuries. Rescuers successfully evacuat...
13 Oct, 2026, 03.45 PM IST
- Indian, US and Chinese firms show interest in Peru's $844 million port project
Investors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost ...
13 Oct, 2026, 06.30 AM IST
Three shipping containers transformed into one luxurious Wisconsin home with a private sauna, rooftop deck and hot tub. Check price, location and moreMaison Flambeau, located in the charming town of Ladysmith, Wisconsin, is an innovative holiday retreat crafted from three repurposed shipp...
12 Oct, 2026, 08.03 PM IST
Indian rice exporters find a way through disruptions to retain competitiveness in Gulf marketIndian rice exporters have partnered with Eximwala Solutions to utilise bulk shipping for their products with an aim to significantly lower...
12 Oct, 2026, 04.13 PM IST
US military says it disabled cargo vessel trying to run Iran blockadeA US military fighter jet disabled the Panama-flagged M/V Ocean Molica after it violated a naval blockade. This action occurred in the Gulf...
11 Oct, 2026, 09.54 AM IST
Saudi Arabia expresses interest to invest in India’s port projects: Sarbananda SonowalIn a recent dialogue, the Saudi Ports Authority expressed a strong desire to invest in India's maritime sector. Key discussions revolved ar...
08 Oct, 2026, 11.41 PM IST
Syria calls for independent probe into sinking of ship in Black SeaSyria has urgently requested an independent investigation following the troubling sinking of the cargo vessel Alfa Watan. The vessel, targe...
08 Oct, 2026, 06.08 PM IST