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Shipping

U.S. Shipper Accuses Ocean Carriers of Colluding to Raise Spot Market Rates

By Nick Savvides (The Loadstar) – A Pennsylvania-based shipper has lodged a formal complaint against two global shipping lines. In a $600,000 lawsuit filed with the Federal Maritime Commission (FMC) last week,...

Defense

Iran Warns of Response if Security Threatened After Ship Attack

By Parisa Hafezi DUBAI, Aug 2 (Reuters) – Iran will respond promptly to any threat against its security, a foreign ministry spokesman said on Monday, after the United States, Israel...

Accidents

U.S., Britain Blame Iran for Deadly Tanker Attack Off Oman

LONDON/WASHINGTON, Aug 1 (Reuters) – The United States and Britain said on Sunday they believed Iran carried out an attack on an Israeli-managed petroleum product tanker off the coast of...