#PortsAndShipping

MT JALVEER Fire Off Oman Raises Fresh Alarm as Strait of Hormuz Crisis Deepens

The maritime industry is facing another major security concern in the Gulf of Oman after an engine-room fire broke out aboard the Guinea-Bissau-flagged asphalt tanker MT JALVEER (IMO 9486283) near Sohar, Oman, on 11 June 2026. According to initial reports, the incident occurred at approximately 07:37 local time when the […]

June 11, 2026Marine News Update

India Sets Sail to Challenge Global P&I Dominance with Bharat Maritime Insurance Pool (BMIP)

India has taken a significant step toward strengthening its maritime insurance capabilities with the launch of the Bharat Maritime Insurance Pool (BMIP), a landmark initiative designed to provide domestic Protection and Indemnity (P&I) insurance coverage and reduce dependence on the long-established international P&I club system. Speaking at a maritime industry […]

June 9, 2026Marine News Update