Global oil prices have jumped after at least three ships were attacked near the Strait of Hormuz, as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US ...
Amid the escalating US–Israel war on Iran and its widening ripple effects across the Middle East, one of the UAE’s cornerstones of global trade, Jebel.
Unclear who fired projectiles and drones that hit ships; over 200 vessels drop anchor around Strait of Hormuz, closed by Iran ...
Maersk, the major container shipping company, said Sunday it was halting passage through the Suez Canal and the narrow Strait ...
DUBAI] The world’s largest container carriers are rerouting ships to avoid the Persian Gulf, as a widening military conflict ...
Shipping giant Maersk has halted its operations and sailings in the wake of the US-Israel-Iran latest conflicts. Due to the deteriorating security situation in the Middle East region following ...
By Julian Lee, Weilun Soon and Alex Longley OIL and gas shipping remains largely paused in the Strait of Hormuz that links ...
Maersk has suspended sailings through the Strait of Hormuz due to safety concerns amid US-Iran tensions and recent attacks on vessels. The company warned of potential delays and adjustments to ...
War risk premiums for ships transiting the Gulf, which were around 0.25% of a vessel’s replacement value, are now expected to jump by as much as 50%, says a report.
The Italian Swiss shipping giant, MSC Mediterranean Shipping Company, did not immediately provide further details on the ...
Denmark's Maersk said on Sunday it will pause sailings through the Bab el-Mandeb Strait and the Suez Canal and reroute ships around the Cape of Good Hope, after U.S. and Israeli strikes on Iran ...
V O Chidambaranar Port in Tuticorin, Tamil Nadu, plans to invest Rs 15,000 crore in its Outer Harbour project to ...