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IOI outlines new areas for cooperation with Turkmenistan on Caspian Sea (Exclusive)

IRNA: Iran submits evidence to IMO regarding US, Israeli attacks on country's maritime infrastructure

Iran has submitted documents and photographic evidence of US and Israeli attacks on the country's ports, civilian vessels, and maritime infrastructure to the International Maritime Organization (IMO), warning that the damage poses serious risks to maritime safety across the Persian Gulf, the Strait of Hormuz, and the …

Wooden fuel vessel catches fire near Strait of Hormuz

A wooden vessel carrying fuel has caught fire off the coast of the Gulf of Oman near the Strait of Hormuz, according to the press service of the Sirik port in the Iranian province of Hormozgan, Report informs citing ISNA. "This morning, a fire broke out on a fuel vessel 2 miles (3.22 km) off the coast in Sirik," reads…

Drone strikes target power and oil facilities in eastern Sudan

Drones belonging to the Rapid Support Forces targeted the Haya electrical transformer station and a nearby oil pumping station on Saturday, setting fires and damaging the facilities, Report informs referring to Sudan Tribune. The oil facility sits on the pipeline transporting crude to the Bashayer port on the Red Sea …

Azerbaijan Customs Committee allocates $68,100 for financial consulting

Azerbaijani Embassy in Bulgaria hosts World Cities Day event

Azerbaijan's Embassy in Bulgaria has hosted a hybrid event titled "Discover the Cities of Azerbaijan, the Pearl of the Caucasus," marking World Cities Day, Urban October and Azerbaijan's designation of 2026 as the Year of Architecture and Urban Planning, the embassy told Report . The event brought together tour operat…

Türkiye submits Black Sea grain shipping proposals to US

Türkiye has submitted proposals to the United States on ensuring the safety of grain shipments through the Black Sea, US Secretary of State Marco Rubio said, Report informs. Speaking at a press conference following a meeting of G20 foreign ministers in Atlanta, Rubio said Washington was reviewing the proposals. "We ar…

Azerbaijani judoka wins silver at Abu Dhabi Grand Slam

Azerbaijani judoka Ushangi Kokauri (over 100 kg) has won a silver medal at the Grand Slam tournament in Abu Dhabi, UAE. Accoeding to Report , he lost to Georgia's Irakli Demetrashvili in the final on the last day of the competition. Another Azerbaijani judoka, Dzhamal Gamzatkhanov, competing in the same weight categor…

Startups act as engine of economic growth, transformation, Azerbaijani deputy minister says

Startups not only create innovations but also act as an engine of economic growth and transformation, Deputy Minister of Economy Azer Bayramov said at the event of the "Startup School 4: Five Continents – 500 Startups" innovation program, organized by the Enterprise Azerbaijan portal, Report informs. According to him,…

Sustainable energy supply vital for startup ecosystem formation, official says

The formation of a startup ecosystem is impossible without a sustainable energy supply, Javid Abdullayev, Chairman of the State Agency for Renewable Energy Sources, said at Demo Day, the final event of the global innovation program "Startup School 4: Five Continents – 500 Startups," organized by the Enterprise Azerbai…

Azerbaijan expanding use of AI for research, workforce development

Azerbaijan is consistently taking measures to expand the application of artificial intelligence to develop scientific research and strengthen the capacity of qualified personnel. Deputy Minister of Economy Azer Bayramov made the remark at Demo Day, the final event of the global innovation program "Startup School 4: Fi…

Azerbaijan's startup ecosystem value nears $600M

The total value of Azerbaijan's startup ecosystem is approaching $600 million, Executive Director of the Center for Analysis of Economic Reforms and Communication Vusal Gasimli said at the final event of the "Startup School 4: Five Continents – 500 Startups" innovation program held by the Enterprise Azerbaijan portal,…

Dr. Cahit İstikbal: Consensus Essential for Maritime Agreements in Eastern Mediterranean

İstikbal: Signing an agreement in the Eastern Mediterranean does not end the field; it is necessary to produce consent. International maritime law expert Dr. Captain Cahit İstikbal evaluated Turkey's call for a maritime jurisdiction agreement with Egypt on Habertürk TV's HT 360 program with Dilek Gül. According to İst…

Surging Russian Oil Freight Costs Driven by Black Sea Tensions and Demand

The drone attacks in the Black Sea, the congestion in tanker supply, and the increasing demand in global maritime transportation are keeping the costs of transporting Russian oil to India at record levels. The freight rate for Suezmax tankers has reached $30 million for a single voyage, while the transportation cost p…

Egypt fears another escalation in war on Iran would be 'more destructive'

Egypt's ⁠Foreign Minister Badr Abdelatty has said he is⁠ "extremely worried" about the prospect of another escalation ‌in the US-Israeli war on Iran, Report informs referring to Al Jazeera. Speaking at the ⁠IISS Manama Dialogue security summit in Bahrain, Abdelatty expressed fear that a new round of attacks would have…

ClassNK Unveils Enhanced Cybersecurity Guidelines for Maritime Safety

The Japanese classification society ClassNK has published the second edition of its Cyber Security Management System Guidelines for ship owners and operators. The new regulation aims to protect the digital systems of ships, prepare for cyber attacks, and ensure compliance with international standards during audit proc…

Sanmar Shipyards Celebrates Delivery of Fifth R-Class Tugboat to Bulgaria

Sanmar Shipyards has delivered its fifth tugboat as part of a 23-year collaboration with VTC S.A., one of Bulgaria's major port operators. According to a statement made by Sanmar on October 30, 2026, the tugboat named KASTRITSI will operate at the Port of Varna on Bulgaria's Black Sea coast under its new ownership. Ba…

Historic Leadership Change: Natalia Margioli-Komninou Becomes ICS's First Female President

The Institute of Chartered Shipbrokers (ICS), one of the world's long-established maritime professional organizations, has elected a woman as president for the first time in its 115-year history. Natalia Margioli-Komninou, an experienced figure in the Greek maritime sector, has also become the first Greek president of…

French Navy Enhances Port Support Fleet with 16 New RP30NG Tugboats

The French Ministry of Defense's General Directorate of Armament (DGA) has awarded a contract to Piriou Shipyard for the construction of 16 new generation RP30NG type tugboats to renew the French Navy's port support fleet. As announced on October 29, 2026, it has been confirmed that the first four tugboats will be bui…

Uzbekistan, 11 countries eye 2027 rail freight tariffs at Tariff Conference

Azeri Light oil price exceeds $126

The price of Azerbaijan's Azeri Light crude oil on the global market increased by $3.88, or 3.17%, to $126.16 per barrel, a source in the oil market told Report . According to trading results, Brent crude oil futures for December stood at $118.76 per barrel. On an FOB basis at Türkiye's Ceyhan port, the price of a bar…

Polish president talks on forceful takeover of Constitutional Tribunal in Warsaw

Polish President Karol Nawrocki has stated that a forceful takeover of the Constitutional Tribunal, one of the country's highest judicial bodies, took place in Warsaw last night, Report informs citing the Onet portal. "Last night, a breach of public order occurred in the Republic of Poland, along with the forceful tak…

US may resume strikes on Iran on November 4

The United States may resume strikes on Iran the day after the midterm elections to Congress, the MS NOW television network noted, citing sources, Report informs. According to the sources, the US administration has informed several Persian Gulf countries that they should prepare for "a short, intense round of strikes …

Uzbekistan’s regional loan portfolio reaches $30.17B, accounting for 54.9%

US begins evacuating diplomats from Saudi Arabia

The US State Department has begun withdrawing some of its diplomats and embassy staff members' family members from Saudi Arabia due to security threats. According to Report , the relevant information was published on the department's website. The department said that Yemen's Houthi movement, Ansar Allah, had been cond…

US State Department approves sale of 500 Patriot missiles to Ukraine for $2.1B

The United States has approved the sale to Ukraine of 500 PAC-3 missiles for the Patriot air defence system, along with related equipment, for $2.1 billion. According to Report , the US State Department and the relevant government agency within the Pentagon responsible for foreign military sales under government-to-go…

UAE says oil leak from Gem No. 2 tanker has been stopped

The oil leak from the Gem No. 2 tanker off the coast of the UAE has been stopped, with no new spills reported. Cleanup operations in the affected coastal areas are continuing, the UAE Ministry of Climate Change and Environment said in a statement. According to The Times of Israel, cited by Report , the ministry said t…

Global Port Strikes: 113 Ports in 22 Countries Disrupt Maritime Trade

International strikes and protests have begun, covering 113 ports in 22 countries worldwide. Actions organized against arms shipments and the loss of seafarers' lives in war zones have disrupted cargo operations and ferry services in many countries, particularly Greece. Global maritime trade faced a significant challe…

Security Incident: Panama-Flagged Tanker LOUISE 1 Attacked by Mines in Strait of Hormuz

A Panama-flagged oil tanker named LOUISE 1 experienced a serious security incident in the Strait of Hormuz due to the explosion of two explosives placed on its hull. The tanker, which caught fire in the engine room, temporarily lost its maneuverability. It was reported that the crew is safe and the vessel has resumed …

Tokayev concluded his visit to Turkey: key events of the trip

Tengrinews.kz — Kassym-Jomart Tokayev has concluded his visit to the Republic of Türkiye, citing Akorda. The Press Service of the President of Kazakhstan released footage from the Ankara airport. On October 30, the Head of State was seen off by Turkish Trade Minister Ömer Bolat and other Turkish officials. View this p…