The European Union has firmly rejected any proposal to impose toll or transit fees on vessels transiting the Strait of Hormuz, emphasising that international...
Amidst the prevailing tensions in West Asia due to the Iran war, the Central government held the daily Inter-Ministerial briefing on 9th April. Though...
Iran has warned it will withdraw from the fragile two-week ceasefire with the United States if Israel continues its military campaign against Hezbollah in...
Malaysia’s government has announced that civil servants and employees of government-linked companies will begin working from home from 15 April as part of emergency...
Between December 2023 and early 2024, container shipping across the Red Sea decreased by 90%. Large shipping companies like Maersk, Hapag-Lloyd, and MSC diverted their ships around the Cape of Good Hope, resulting in an additional 14 days and more than $1 million in fuel expenses per trip.