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VASA SHIP SANK ON FIRST VOYAGE
Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
Hormuz, Red Sea spark a 1,000% war-risk premium shockWar-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fres...
Oil shock, Treasury yield spike put Indian bonds under pressure before debt saleIndian government bonds experienced a decline as oil prices surpassed one hundred dollars per barrel. The benchmark bond yield reached its ...
New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...
In 1789, one mysterious outbreak changed Australia's history; scientists may have solved itIn 1789, a horrific outbreak devastated Indigenous Australians around Sydney Harbor. Up to 70% of local First Nations people died. For over...
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
India urges caution for ships entering Black SeaIndia issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian na...
'Witnessed glowing seas, saw humpback whales': 9 women officers sail across the Earth and return to Mumbai; battled 60-knot storms and 5-metre wavesIndia's first all-women Tri-Service circumnavigation expedition has returned to Mumbai after spending 314 days at sea and covering nearly 2...
Rupee languishes at two-month lows as supply worries raise oil pricesThe Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
Titanic survivor's lifejacket sells for nearly $901,000: Why Laura Mabel Francatelli's 114-year-old relic became one of the rarest artefacts ever auctionedA rare Titanic lifejacket worn by survivor Laura Mabel Francatelli sold for £670,000, and this historic flotation device fetched more than ...
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...
Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...
Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
DG Shipping to monitor Indian seafarers irrespective of vessel flag: Sarbananda SonowalIndian seafarers in West Asia will now be monitored by the Directorate General of Shipping. A new dashboard will provide real-time informat...
Trump’s Hormuz demand implies fee of $30 million per supertankerShipping industry representatives expressed surprise and skepticism regarding the announcement. Iran's foreign minister acknowledged compen...