Mystery still surrounds the seizure by Iran’s Islamic Revolutionary Guard Corps (IRGC) of the Marshall Island-flagged 73,000 dwt oil tanker MV Talara (IMO 9569994). The ship was seized 22 miles off the coast of Khor Fakkan in the United...
Animal advocacy groups have been raising the alarm over the situation aboard livestock carrier Spiridon II, which was stranded off the Turkish coast for weeks due to irregularities in paperwork. 58 cows have already died, with another 140 pregnant cows...
Unions continue their resistance against efforts by ports and terminal logistics operators across the globe to automate processes in order to enhance efficiency. A group of unions announced that they formed an alliance aimed at fighting automation on the basis that it...
The National Retail Federation, an industry trade group, issued its monthly report on expected import volumes through the major U.S. container ports, projecting that volumes will fall below two million TEU per month and continue a steady decline through the first...
As the global VLCC community gathers in Dubai for Bahri Week, all eyes are once again on OPEC and Middle East production policy. OPEC+ members, led by Saudi Arabia, have begun unwinding their voluntary production cuts, and the return of supply is reshaping momentum...
PETALING JAYA: The transport ministry will create the Malaysia Shipping Development Fund (MSDF), a statutory trust fund aimed at providing sustainable financing to boost the shipping sector’s growth and development. The ministry said the fund is a strategic...
