Rickmers Group has called for the immediate release of the Maersk Tigris, which has been detained in Iran over an apparent 10-year payment dispute with charterer Maersk Line.

Maersk Line says the legal case that resulted in the seizure of Maersk Tigris by the Iranian navy dates is believed to date back to 2005.

Iran says that the containership Maersk Tigris was seized over a commercial between Maersk Line and an Iranian company.

Maersk Line said it is not able yet to establish the reason why the containership Maersk Tigris was seized by the Iranian Navy on Tuesday.

The managers of the Maersk Tigris, which was fired upon by the Iranian Navy on Tuesday, say they are seriously concerned for its crew and the incident.

Greek shipping magnate Victor Restis’ lawsuit against United Against Nuclear Iran (UANI) has been dismissed.

An analysis of the sub-trades on the westbound Asia-Europe corridor shows that trade from Asia to the Middle East and Indian Subcontinent (ME&ISC) is growing rapidly, and could even overtake the size of Asia-Europe direct volumes within a decade...

The West of England P & I Club has warned its members of recent attempts to export sanctioned Iranian crude by ship-to-ship (STS) transfer at the UAE's Khor Fakkan.

Seatrade global does not often have occasion to talk about the landlocked country of Austria, but decisions being made in Vienna this week could alter the shipping landscape for years to come.

Highlighting the increasing concern with the problem of Russia and Iran, the International Union of Marine Insurance (IUMI) is calling for insurers and reinsurers to have a clear policy on sanctions as it seeks certainty for clients in a volatile...