Image Credits: Wikipedia India’s Directorate of Revenue Intelligence (DRI) has seized 364 metric tonnes of dry dates worth around Rs 3 crore after finding that the consignment, declared as originating from the United Arab Emirates, was actually from Pakistan, the…
China-based Yangzijiang Shipbuilding reported a 28.4 per cent increase in net profit to CNY5.4 billion ($0.80 billion) for the six months ended June 30, 2026. Revenue rose 36.2 per cent year-on-year to CNY17.5 billion, supported by the progressive recognition of…
The Thai shipping company Precious Shipping reports it has received a payment of $10.98 million on the war risk insurance related to the bulker Mayuree Naree, which was destroyed during an attack in the Strait of Hormuz.
Insurance loss payment relates to loss of the Mayuree Naree and crew compensation
Buyers in the Middle East are looking to secure liquefied natural gas from Canada as a hedge against geopolitical turmoil, the president of the company that majority-owns Canada's Woodfibre LNG project said.Ratnesh Bedi, president of Singapore-based Pacific Energy — which…
Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a…
