China’s COSCO suspends new orders from UAE, Qatar, Saudi Arabia, others amid Strait of Hormuz restrictions

Chinese shipping and logistics conglomerate COSCO Shipping’s container liner unit announced on Wednesday that it has suspended all new bookings for routes to and from ports in parts of the Middle East, including those in the United Arab Emirates and Saudi Arabia. The move was due to escalating conflict in the region and traffic restrictions…

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17 Iranian ships destroyed, America dropped bombs on 1700 locations, panic in the stock market… Middle East is burning in the fire of war.

The situation in the Middle East has worsened in the last 24 hours. Many major attacks have been carried out on Iran by America and Israel. America has targeted more than 1700 targets. The US Central Command has said that 17 Iranian ships have been destroyed in important maritime areas of the Gulf. This also…

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Macron, Trump rush to secure maritime trade as Iran blocks Strait of Hormuz: What steps have US and France taken?

French President Emmanuel Macron on Tuesday directed France’s nuclear-powered aircraft carrier to set for the Mediterranean from the Baltic Sea to help protect assets amid the war in the Middle East involving the United States, Israel and Iran. The Charles de Gaulle aircraft carrier will go to the Mediterranean while being escorted by frigates and…

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