Iran opens sunken Sanchi tanker’s black box

The black boxes for the tanker Sanchi and the freighter CF Crystal, the two vessels that…

Iran says warplanes warned off two western vessels during drill

The vessels approached the area of the drills early on Monday to monitor Iranian ships, said…

Oil hits highest since May 2015 above $68 on tighter market

Oil rose further above $68 a barrel briefly on Tuesday, touching its highest since May 2015,…

Oil retreats after hitting 2015 highs

Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production…

Hyundai to deliver 10 commercial ships to Iran in 2018

By Jite Eriabie   South Korea’s Hyundai Heavy Industries (HHI) will deliver 10 commercial ships to Iran…

Iran, Oman to launch new shipping route

By Jite Eriabie   A new shipping route between Iran and Oman will be launched late December.…

Iran’s shipping lines to welcome foreign investment

Head of Iran’s national shipping firm described the country as the best opportunity for investment, and…

Oil jumps on fears of new Iran sanctions, Iraq conflict

Oil markets jumped on Monday over fears of potential renewed U.S. sanctions against Iran as well…

India to start operation at Iran’s Chabahar Port by 2018

India is looking to start operations at the Chabahar Port in Iran by 2018, according to the country’s…

Fresh tension builds between Iran, U.S. in Gulf 

The Iranian Revolutionary Guards said on Saturday that U.S. Navy ships came close to their vessels…

Iran offers alternative port of call for Qatari vessels 

With Qatar ships barred from ports in the Saudi Arabia, UAE, Bahrain and Egypt, Iran said…

Iran to import shipbuilding technology from South Korea

The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said the Iran Shipbuilding…