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Shipowners offer huge bonuses to get crews to sail HormuzSeafarers face a stark choice between financial rewards and personal danger. Many crews are refusing these dangerous voyages despite the bo...
Over 500 feared dead in two suspected shipwrecks off Myanmar: UNThe United Nations warned Thursday that more than 500 people were feared dead following reports of two large shipwrecks off Myanmar since l...
Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
Some ships still crossing Strait of Hormuz despite security threatA small number of vessels crossed the Strait of Hormuz on Sunday, despite the heightened security threats as Tehran and Washington battle f...
Seafarers attacked in the Strait of Hormuz sue shipping company in ThailandThree former Thai sailors filed a lawsuit against their shipping operator for labor rights violations. They allege unfair dismissal and ina...
Iran War Runtime: A day or two, a week, or a month? White House official says thisThe United States anticipates prolonged military exchanges with Iran over the Strait of Hormuz. This escalation follows the collapse of a 6...
Damaged Qatari LNG tanker awaits salvage after strike as Hormuz risks escalateA Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...
UN maritime head demands 'restraint' as 6,000 Gulf seafarers strandedNearly six thousand seafarers remain stranded in the Persian Gulf due to recent attacks. The International Maritime Organization head urged...
BRICS adopts Guwahati Declaration to strengthen fight against drug traffickingBRICS nations adopted the Guwahati Declaration to strengthen cooperation against illicit drug trafficking. They will enhance information ex...
Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...
Seafarers feel forgotten, shipping should not be used as collateral: IMO chief amid US-Iran conflictShipping must be kept out of geopolitical conflicts, urged the International Maritime Organization chief, as seafarers "feel forgotten." He...
This floating city is so massive it could carry an entire town across the ocean, and it has schools, parks and hospitalFreedom Ship, the proposed 80,000-resident floating city, is pushing the boundaries of ocean living. This massive vessel could combine home...
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...
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...
IRGC Navy rejects new Strait of Hormuz route, warns of enforcement measures: Iranian MediaIran's Revolutionary Guard Navy has issued a stern warning to vessels transiting the Strait of Hormuz, insisting on the use of only Iran-ap...