US President Donald Trump has ordered the country's navy to “shoot and kill” any Iranian boats placing mines in the Strait of Hormuz, even as Iran announced that it has received its first revenue from tolls it imposed on ships passing through the strait.
In a major move, Transport General Authority (TGA) has temporarily exempted Saudi and foreign vessels from validity of certificates and documents needed for the issuance or renewal of navigation licenses and work permits for marine units for a period of 30 days due to the ongoing Middle East conflict.
India’s decision to introduce additional documentation checks before end-of-life vessels are cleared could prevent the practice of fake documents among sanctioned vessels seeking recycling, said an expert. This comes amid a spurt in the number of vessels with fake documents due to rise of ‘dark fleet’.
Iran's Revolutionary Guards warned on Saturday that no vessel would be allowed to pass through the Strait of Hormuz, a chokepoint through which nearly a fifth of the world’s oil supply passes.
The Arab Shipbuilding & Repair Yard Company (ASRY) recently organised advanced training sessions on the fundamentals of firefighting for a group of personnel from Bahrain's General Directorate of Civil Defence as part of ASRY's efforts to strengthen a culture of safety and security.
Suez Canal’s revenues are expected reach approximately $4.2 billion this year, up from $3.9 billion in the previous year, said Osama Rabie, Chairman of the Suez Canal Authority (SCA).