LONDON / DUBAI / PANAMA CITY: Somewhere on its journey from the waters off Iran, around Africa’s southern tip and into the Mediterranean, the Grace 1...
LONDON: Shipping companies are hiring unarmed security guards for voyages through the Gulf as an extra safeguard after a wave of attacks in the region,...
LONDON/DUBAI/SAO PAULO: Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and...
LONDON: The United Nations’ shipping agency is working on tougher measures to clamp down on rogue shipping companies trying to use flag registries...
LONDON/DUBAI: Iran is discreetly scouring the globe for secondhand oil tankers to replace its aging fleet and keep crucial crude exports flowing as U.S....
LONDON/DUBAI: Cargill, Bunge and other global traders have halted food supply deals with Iran because new U.S. sanctions have paralyzed banking systems...
ADEN, Yemen/LONDON: The central bank of Yemen, split into two rival head offices reflecting a country divided by war, has been slow to finance imports of food...
DUBAI/LONDON: Iran is likely to ride out the storm from U.S. oil sanctions, suffering recession but no economic meltdown, thanks to rising crude prices and...
LONDON: The world’s top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the U.S.’ withdrawal from the...
LONDON/ZURICH: The leap in assets at Credit Suisse’s private bank to a record high this year has been aided by a key plank of the bank’s new strategy: lending...
LONDON: The risk of cyberattacks targeting ships’ satellite navigation is pushing nations to delve back through history and develop backup systems with roots...
LONDON: Iran’s Revolutionary Guards have started using a new route across the Gulf to funnel covert arms shipments to their Houthi allies in...
LONDON: Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long slump in the shipping industry. But it is...
ANKARA/LONDON: Growing strains with the United States and political infighting at home threaten Iranian President Hassan Rouhani’s plans to expand social...
LONDON: Yemen’s worsening conflict is contributing to a spike in piracy in the region, with Somali pirates taking advantage of a reduced international naval...
LONDON/ANKARA/DUBAI: Iran is sending advanced weapons and military advisers to Yemen’s rebel Houthi movement, stepping up support for its ally in a civil war...
LONDON/ANKARA: Iran has asked the Bank of England to set up special clearing accounts for its banks, but has so far been rebuffed in its effort to resolve an...
LONDON/RIYADH: Cruise missiles, floating mines and a remote-controlled boat have been deployed to attack ships in Yemen in recent months, changing the dynamic...
LONDON: Russian tankers have smuggled jet fuel to Syria through EU waters, bolstering military supplies to a war-torn country where Moscow is carrying out...
LONDON: Trade between Britain and Iran is beginning to grow and the government is working to resolve banking sector concerns which are limiting further...
LONDON: Western insurers are slowly reaching deals with Iran as they seek to re-enter a multibillion-dollar market although the pace of business is hampered...
LONDON/ABU DHABI: Many areas of Yemen are suffering from malnutrition partly because importers are unable to buy new food stocks from abroad as over $200...
LONDON: Britain is working with its European partners to help ease the impact of banking restrictions on trade with Iran, Business Secretary Sajid Javid said...
DUBAI/LONDON: Gulf banks including Dubai’s largest lender Emirates NBD are already meeting prospective clients and taking legal advice about entering...
LONDON/MOSCOW: Earlier this year, an old refrigerator ship called the Georgiy Agafonov, built to transport fruit and vegetables for the Soviet Union, was...