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SHIPPING INDUSTRY CRISIS
6,000 sailors stranded near Strait of Hormuz as UN maritime chief warns against passage amid rising ship attacks and US-Iran tensionsThousands of seafarers remain stranded in the Strait of Hormuz amid escalating maritime attacks and risks. The International Maritime Organ...- The Crypto devices built to foil hackers came with spies insideIn Malaysia, CryptoBilis faces an investigation after numerous customers experienced thefts from hardware wallets. Reports from Ledger SAS ...
- Could Iran target the Gulf’s digital backbone? The risks to data centres and internet cables explainedIran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalat...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Trump’s diesel deal with Putin may be lots of barrels but little bangDonald Trump announced a deal with Vladimir Putin to supply additional Russian diesel amid global fuel shortages. The agreement outlines th...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
- A global job spinner for Indians is now turning into a death trapIndia has emerged as the world’s second-largest supplier of seafarers, but its growing presence aboard global merchant ships has also left ...
- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- Will Nifty, Sensex plunge for 9th straight week? TCS Q2, RBI MPC among 4 factors to drive Dalal Street from MondayIndia's stock market has faced a challenging downturn, marking eight weeks of losses, the longest in 25 years. Driving this trend are soari...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
- In 1934, a luxury cruise ship caught fire off New Jersey hours after its captain died; 137 people were killedOn September 8, 1934, tragedy struck the SS Morro Castle when a fire erupted shortly after the captain was discovered lifeless. The flames ...
- UN General Assembly: Iran talks, Ukraine ceasefire and AI among key takeawaysWorld leaders gathered at the United Nations to discuss ongoing conflicts in Iran and Ukraine. Diplomatic talks between US and Iranian offi...
- Smart rice policy would be niceIn the 2026-27 cycle, India's rice production is projected to fall by 6.5% compared to the previous year, largely due to monsoon rainfall b...
- Since 1874, a boat on the Detroit River has passed mail to freighters that never stop, hauled up in a bucket on a rope; it has its own ZIP code: 48222Since 1874, the J.W. Westcott II has served as a crucial lifeline for freighters navigating the Detroit River. Starting with John Ward West...
- A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
- War, runaway AI and climate shocks will take center stage as world leaders meet at UNWorld leaders gather at the United Nations amid numerous global conflicts and escalating crises. Artificial intelligence concerns are now a...
- Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
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