The United States said on Sunday that it had seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate, raising the possibility that the ceasefire between the two countries might not last for even the two days it is set to remain in force.Efforts to build a more lasting peace in the region likewise appeared to be on shaky ground
Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities in Dubai said the fire on the Kuwait-flagged Al-Salmi had been brought under control following a drone attack
The U.S. is allowing a Russian tanker full of crude oil to reach Cuba, the New York Times reported on Sunday, possibly granting a lifeline to the Caribbean island amid a de facto oil blockade imposed by Washington.Ship tracking data showed the Russian-flagged tanker Anatoly Kolodkin on Sunday was just off the eastern tip of Cuba.The Times report, citing a U.S.
Iran said on Sunday it would strike the energy and water systems of its Gulf neighbours in retaliation if U.S. President Donald Trump follows through with a threat to hit Iran's electricity grid in 48 hours, escalating the three-week-old war.The prospect of tit-for-tat strikes on civilian infrastructure could deepen the regional crisis and further rattle global markets when they reopen on Monday
Dorian LPG took delivery of its 93,000 cubic meter (cbm) dual-fuel newbuilding named Areion an LPG and ammonia very large gas carrier (VLGC/AC) from Hanwha Ocean Heavy Industries Co., Ltd. at the Okpo Shipyard in South Korea. Areion will commence employment on charter under the Helios LPG Pool, an entity jointly controlled by Dorian LPG Ltd and MOL Energia Pte Ltd.
U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.U.S.
The U.S.-Israeli war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq, with Kuwait announcing cuts over the weekend.Analysts predict that the United Arab Emirates and Saudi Arabia will also have to cut output soon as they run out of oil storage.
The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.S. nationals seek compensation for property confiscated by the communist-led Cuban government.The justices hear arguments on Monday in two cases centered on the federal law called the Helms-Burton Act, one involving U.S.
Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The exercises named "Justice Mission 2025" saw China fire dozens of rockets towards Taiwan and deploy a large number of warships and aircraft near the island
Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
A Yemeni Houthi official said on Sunday that the Iran-aligned group's response to the U.S. attack on Iran was "only a matter of time."Mohammed al-Bukhaiti, a member of the Houthi movement's political bureau, told Al Jazeera Mubasher TV that its ceasefire deal with Washington was before the "war" on Iran.
ASUKA III, said to be the largest Japanese-flagged cruise ship, has completed its first marine LNG bunkering by FueLNG Private at Singapore Cruise Centre.The bunkering milestone also marks Shell LNG's first supply to an LNG-powered cruise ship in the region, according to Singapore Cruise Centre.Asuka III is owned by NYK Cruises, a company of the Japanese shipping group NYK.