Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
26 Jun, 2026, 04.01 PM IST
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
26 Jun, 2026, 02.33 AM IST
Hormuz evacuation suspended after attack in Gulf of Oman: Maritime groupFollowing a recent attack on a ship in the Gulf of Oman, the International Maritime Organization has temporarily suspended evacuations thro...
26 Jun, 2026, 12.48 AM IST
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...
25 Jun, 2026, 10.42 PM IST
Vessel hit by 'unknown projectile' in Hormuz Strait: Maritime agencyThe UK Maritime Trade Operations (UKMTO) security agency reported that the incident occurred 7.5 nautical miles (14 kilometres) southeast o...
25 Jun, 2026, 10.38 PM IST
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
25 Jun, 2026, 03.20 PM IST
China angered, Taiwan cheered by Western allies' alarm over Chinese Coast Guard activitiesInternational concern is mounting over China's assertive maritime actions near Taiwan. The US, Britain, France, and Germany have voiced ala...
25 Jun, 2026, 02.44 PM IST
EAM Jaishankar calls for closer cooperation with South Korea at Jeju ForumIndia and South Korea must deepen cooperation in shipbuilding, health, infrastructure, and defence, External Affairs Minister S Jaishankar ...
25 Jun, 2026, 01.48 PM IST
Traffic flows through Hormuz continue to improve as IMO evacuation begins: MonitorTraffic through the Strait of Hormuz is showing a marked improvement following a US-Iran agreement, with an average of 22 commodity ships d...
25 Jun, 2026, 06.56 AM IST
India emerges as world's top ship-recycling nation in 2025The country's share in global ship recycling surged to 35.4% in 2025, with a significant increase in recycled tonnage. This achievement, ex...
23 Jun, 2026, 11.30 AM IST
Power Plate Meals recalls nearly 6,000 pounds of frozen meatloaf products sold in three statesPower Plate meals usda recall: A recall is underway for approximately 5,795 pounds of frozen meatloaf with garlic mashed potatoes. Power Pl...
23 Jun, 2026, 06.50 AM IST
India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
22 Jun, 2026, 07.14 PM IST
India becomes world's largest ship recycling nation ahead of 2030 targetIndia has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumpe...
22 Jun, 2026, 06.29 PM IST
Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...
22 Jun, 2026, 08.31 AM IST
Iranian Guards' business empire to win big if US sanctions liftedA potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revol...
20 Jun, 2026, 08.52 AM IST
A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...
18 Jun, 2026, 11.09 PM IST
Luggage brand Delsey Paris to double India investmentDelsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top prio...
16 Jun, 2026, 04.31 PM IST