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GREAT EASTERN SHIPPING FINANCIAL RESULTS
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premiumGreat Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The compan...- Iran, Oman reach deal on Strait of Hormuz, but reopening hinges on US conditionsIran and Oman reached an agreement on Strait of Hormuz control and revenues. The Revolutionary Guards stated the strait will not reopen wit...
- USS Abraham Lincoln will stop in Thailand on its way home from lengthy deployment in Middle EastThe USS Abraham Lincoln aircraft carrier will visit Thailand next week. This stop allows the crew much-needed rest and recovery after a lon...
- Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
- Lake Ontario’s Bermuda Triangle: Hundreds of ships and dozens of planes have disappeared in the Great Lake. Many are yet to be foundAmid rising tensions, President Trump proposed renaming Lake Ontario to Lake America. This unique body of water is steeped in maritime hist...
- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...
- Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Amazon, Flipkart restructure seller fees, penalties ahead of festival seasonAccording to a notice issued by Amazon India on its seller forum, the company has, with effect from August 17, 2026, changed the manner in ...
- In 2002, Florida sank a 510-foot Navy ship off Key Largo; the USS Spiegel Grove became one of the world's largest purpose-built ship reefsIn 2002, the USS Spiegel Grove, a decommissioned Navy ship, was purposely sunk near Key Largo to form an artificial reef. This innovative a...
- Coast Guard deploys 3 ships to find 22 missing crew off ParadipA search and rescue operation commenced on August 22, 2026, after MV Ocean Winner lost contact. Two survivors were rescued from life rafts ...
- Two rescued, 22 missing after cargo ship sinks off eastern IndiaA Panama-flagged cargo vessel sank off India's eastern coast on Saturday. The ship carried twenty-four crew members, including twenty Chine...
- South Korean container ship sets sail on first commercial Arctic voyage to EuropeA South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern...
- US to impose ‘toughest sanctions in history’ on Iran, Scott Bessent saysUnited States Treasury chief Scott Bessent announced unprecedented sanctions against Iran. These stringent measures aim to avoid significan...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- Taiwan records heightened Chinese military activity around its territoryTaiwan's defense ministry reported twenty Chinese aircraft sorties and seven naval vessels operating nearby. Fifteen of these aircraft ente...
- Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027India plans its first cargo ship voyage along the Northern Sea Route next year. Russia's Arkhangelsk region is discussing economic potentia...
- Taiwan detects five PLA aircraft sorties, eight PLAN vessels around its territoryTaiwan detected five Chinese aircraft sorties and numerous naval vessels operating nearby. Three of these aircraft entered Taiwan's norther...
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