Searched for
U.S. COMMERCIAL SHIPPING
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...
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...
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
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...
SpaceX stocks: Why is Elon Musk-owned Space Exploration Technologies Corp-SPCX share price at Nasdaq down?Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies.
- Indian trade secretary Rajesh Agrawal says first phase of US trade deal finalised
India's trade secretary announced that the first phase of a trade deal with the United States is finalized. Legal drafting for the deal is ...
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...
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...
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...
World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
Iran shifting tactics to step up attacks on shipping before US vote: OfficialsIran has begun using new offensive tactics against vessels in the Strait of Hormuz and nearby waters. This strategy aims to limit oil shipp...
Iran-US War to escalate before US midterm elections in November? Experts claim Tehran's new tactics to control Strait of HormuzIran-US War: US President Donald Trump has been weighing next steps against Iran, but has said he will not attack again before the vote. Th...
India-Iran NSAs hold conversation amid fresh incidents in Hormuz Strait; Saudi situationIndia and Iran's National Security Advisers exchanged views on regional tensions following Houthi attacks and maritime security concerns. T...
India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping planIREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower ...
Oman tanker attack: Union seeks 'urgent status update' on two Indian seafarers missing after drone strikeTwo Indian seafarers, Bir Bahadur Yadav and Amit Singh, are missing following a recent drone attack. The drone strike on MT Petro Dolphin o...
Houthis' attack on Saudi's Riyadh airport kills 12, injures over 300 as conflict escalatesA missile attack on Saudi Arabia's King Khalid International Airport in Riyadh killed 12 people and injured over 300, civil aviation author...
Saudi airport passenger terminal is struck again, a day after 12 were killedMissile attacks by Houthi rebels have targeted King Khalid International Airport in Riyadh, resulting in multiple casualties. The Saudi-led...
Two Indians missing, 9 rescued as drone attacks oil tanker off Oman coastA drone attack occurred on the tanker MT Petro Dolphin, resulting in two Indian seafarers missing. Nine other crew members were rescued and...
A 400-acre island built from Tampa Harbor dredging became a nesting refuge for birds decades laterIn the late 1970s, engineers expanded Tampa Bay by developing an island from dredged materials. This man-made island has since become a cru...
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...