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US SUPPORT FOR SHIPPING
Tankers make U-turns in Hormuz, with some taking Iran route insteadTensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran'...
Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda SonowalIndia has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant s...
European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
USS Juneau's final mission: After serving in Vietnam, the Gulf War and disaster relief, a Japanese torpedo sends this piece of history to the Pacific seabedThe USS Juneau, a veteran amphibious transport dock with a distinguished 40-year career, has been deliberately sunk in the Pacific Ocean du...
SMEs need logistics partners, not just carriers: TransLink’s Vaibhav SalviWith global trade becoming increasingly complex, international logistics providers are evolving from parcel movers to end-to-end solution p...
U.S. Stock Market prediction for Monday: S&P 500, Dow Jones, Nasdaq investors eye Iran-U.S. war as Wall Street look to end first half of year in high noteS&P 500, Dow Jones, Nasdaq of U.S. Stock Market will look to start the week on a positive note on Monday.
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
Iran warns ships not to bypass its chosen Hormuz routeThe exchanges underscored the fragility of a Pakistan-brokered agreement aimed at ending the war launched by the United States and Israel i...
Trump threatens to annihilate Iran after new exchange of attacksTrump issued a stark warning to Iran, saying the nation would cease to exist if forced back into war, following US strikes on Iranian targe...
Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metroUnion Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Te...
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
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...
'Foolish violation of ceasefire agreement': Trump says Iran launched drones at ships in HormuzUS President Donald Trump has accused Iran of breaching a ceasefire, alleging the nation launched four attack drones towards commercial shi...
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
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...
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...
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...