The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, has signed with the Central Bank of the Republic of Azerbaijan (CBAR) a memorandu…
Dockworkers on the US East Coast and Gulf Coast began a strike early on Tuesday, halting the flow of about half the nation’s ocean shipping after negotiations for a new labor contract broke down over wages.
The strike, which affects 36 ports, blocks …
Switzerland today assumed the rotating presidency of the United Nations Security Council for October, succeeding Slovenia.
The Security Council consists of 15 member states, each with one vote. Five are permanent members with veto power: Russia, Chi…
United Kingdom Maritime Trade Operations (UKMTO) announced Tuesday that it has received a report of an incident 64NM northwest of Al Hudayah, Yemen.
Authorities are investigating, UKMTO said, adding that vessels are advised to transit with caution an…