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Officials say that two explosions have hit a cargo ship in the Gulf of Iraq.
Iraqi officials reported on Monday that two explosions hit a cargo ship in the Gulf, about 40 nautical miles southeast of Iraq’s Umm Qasr. One of them was caused by an attack from a drone. The United Kingdom Maritime Trade Operations (UKMTO), earlier, said that the vessel was 'hit by a projectile on the starboard side, causing a huge explosion. According to the Iraqi officials, a second explosion occurred on the same vessel, and it was the result of a drone attack. They added that the fire on board was brought under control later. As we assessed the damage from the first blast, we heard the drone hovering above, followed by a powerful explosion that ignited a fire on the tanker," said an Iraqi member of the maritime patrol. The identity of the vessel was not known and no one has claimed responsibility.
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U.N. chief says it is still too risky for seafarers to leave the Gulf.
The head of U.N.’s?shipping agency stated that despite the current ceasefire, it is still too risky to move 'thousands' of sailors trapped in the Gulf. "We won't be able to do anything until the root causes of the conflict are addressed, and a more final agreement is reached, a complete agreement or a ceasefire between the parties in the conflict," Arsenio Domingue, Secretary-General of the International Maritime Organization said on Sunday, ahead of Posidonia Shipping Industry Week in Athens. Iran has imposed restrictions on the movement of vessels through the Strait of Hormuz, resulting in a 20,000-strong seafarer stranded. Dominguez stated that it would be risky to move seafarers in the interim, as there were no guarantees of their safety. According to IMO, eleven seafarers were killed in the Gulf since the U.S. Israeli war against Iran began on February 28. In recent weeks, the IMO has been working to 'arrange a safe sea corridor for vessels to leave, including talks with parties involving Iran, Dominguez stated. "You hear announcements saying that the Strait of Hormuz was open and then, a few minutes later, it is closed. He said that we can't risk anything until something more secure is in place. The strait is normally used to transport 20% of the daily crude oil and natural gas supply in the world. The number of tankers has been reduced to a few. After three months of being stranded on a ship, operators claim that crews require a safe, negotiated way out. "The seafarers are missing out on not only seeing their family but also on births and deaths,?on weddings," Pankaj Khanna said on a sideline of a Capital Link Shipping Conference in Athens. Heidmar's vessel has been stuck in the Gulf of Mexico for three months. "We need a framework, rules, regulations, or whatever else tells us how to enter and exit." Even if the peace agreement was signed, it is important to clarify this. (Reporting and editing by Jason Neely; Renee Maltezou, Jonathan Saul)
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Mandelson documents shed light on government activities, including the appointment of US Ambassador
The British government released documents about the appointment of Peter Mandelson to be ambassador to the United States on Monday, giving a glimpse of the sometimes acerbic Westminster world and the messy clearance process for his?job. The Mandelson saga has been a focal point for critics of Britain's Prime Minister, who is fighting to survive his political career against a possible leadership challenge. The government has released 1,504 pages of messages, ranging from emails to WhatsApps. It hopes that this data dump will distract attention away from Starmer and prove Mandelson was not completely honest about his relationship with the late convicted sexual offender Jeffrey Epstein. MANDELSON : "YOU WILL NOT REGRET" THE APPOINTMENT In a?document the government stated that it had written Mandelson on March 31, requesting any information on his personal telephone as part of an investigation into his work and appointment - which he refused to give over. Mandelson, who was twice removed from the cabinet by Labour's longest serving prime minister Tony Blair, is often seen chatting with Labour insiders and pressing his case, sometimes even criticizing the government. Mandelson wrote in a handwritten letter to the then-foreign Minister David Lammy, dated November 18, 2024: "I wanted you to be aware that I would do everything possible to ensure you didn't regret your decision to appoint (me) as ambassador." He said that he was "tonto", a slang word for crazy, over the failure of the government to approve an individualized red ministerial gift box to be given to U.S. president Donald Trump. He also took aim at Starmer by telling Pat McFadden, senior minister of the UK, that he thought "Keir was not leading from the front". McFadden said that Mandelson was asking the "wrong questions" at every meeting, saying it was all about "whom can we tax to pay benefits to others?" The government hopes that the release of these documents and Epstein's messages will end any questions about Starmer’s judgement in appointing someone whose friendship was well-known. They are unlikely, however, to stop calls for the Prime Minister to resign after Labour's loss in local elections last month. Mandelson is being investigated by the police for allegedly passing government documents on to Epstein, who died in 2007. He is not facing allegations of sexual abuse. In March, an initial batch of documents were released, showing that Starmer had been warned about the dangers of the appointment. This was not only because of Mandelson's connections to Epstein, but also?because the Labour veteran supported closer ties with?China. Starmer could face a leadership challenge in the future if Andy Burnham, Greater Manchester's mayor, wins a seat at parliament in the upcoming election on June 18. Reporting by Elizabeth Piper; editing by Kate Holton, William James, and Andrew Heavens.
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Ship operators call for clear rules to restore normalcy to Hormuz
Shipping executives met in Athens, Greece on Monday and said that any deal reached between the United States of America and Iran must include clear rules allowing ships to return to normal operations through the Strait of Hormuz. Shipowners, maritime officials and other events were held at the Capital Link Conference and other events to kick off Posidonia. This biennial week-long shipping exhibition is a biannual event. The following are selected quotes in alphabetical order: ARSENIO DOMINGUEZ SECRETARY GENERAL, INTERNATIONAL MARITIM ORGANISATION "There were... recent announcements about the possibility of a sixty-day ceasefire. The evacuation framework will kick in immediately if I am able to get assurances from the countries about the safety of using the Strait of Hormuz and if the countries can confirm that the waterway is safe. We're always looking for a solution, as the first "objective" is to get seafarers to leave the conflict area. PANKAJ KHANNA PRESIDENT, HEIDMAR HOLDINGS COMPANY "We need a framework. A rules regulation. Whatever tells us how to get in and out. Even if there was a signed peace agreement, it is still unclear and we do not know the details. Khanna noted that the company's vessel was stuck in the Gulf for three months and noted its impact on seafarers. "Obviously, the seafarers are missing out on not only seeing their families, but also on births on?deaths on marriages." VASILIS KIKILIAS - GREECE’S SHIPMENT MINISTER Can anyone predict the end of the conflict? Unfortunately, no... Conflicts can be very messy and difficult to resolve. "We hope, of course, there will be a resolution. We can't accept that ships will not be able to travel freely around the world. I would like to see the global shipping trade, seafarers and the shipping industry left out of the equation. But, it seems impossible. EVANGELOS MARINAKIS FOUNDER AND CHAIRMAN OF CAPITAL MARITIME & TRADE CORP "We are all in agreement that the war must end, and it should have ended yesterday. Even if... consumers pay the price around the world." "On the contrary,..from the evidence we have seen, we can wait two weeks, or even one month, if we feel that the final agreement is good for us all... and will make us confident in the future. "I'm quite optimistic that after a few weeks or months, a solution would be found." GEORGE Procopiou, FOUNDER - DYNACOM TANKERS MANAGEMENT, DYNAGAS, AND SEA TRADE Freedom of navigation is important and no one can impose any burdens, including tolls. Since antiquity, Greece has broken blockades. YIANNIS Procopiou,?CEO of CENTROFIN MANAGEMENT "While insurance is available, this does not mean the strait would be a good place to transit, at least until the shipping industry has clear rules on how to deal with both nations involved, the U.S.A. and Iran... That's a high-risk proposition right now."
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Sources say that Volgograd's oil refinery in Russia has halted processing following the May 29 drone attack.
Two industry sources reported on Monday that the Volgograd oil refinery, owned by Lukoil, in Russia's south, had suspended oil processing after a sabotage attack from Ukraine, which resulted in fires and damage. Peace talks to end the Ukraine war have stagnated. Last week, the local governor reported that at least two people were injured and one killed in an 'Ukrainian drone strike' on the Volgograd area. Sources claim that the crude distillation unit CDU-1 was shut down. This unit accounts for 40% capacity of the plant. CDU-6 and CDU-5 were also shut down. Lukoil has not responded to our request for comment. In 2024, the Volgograd refinery will have processed 13.5 millions metric tons of crude oil. This is 5% of the total volume of Russian refineries. The country produced 6 million tons of diesel, 1.9 million tons of gasoline, and 700,000 tonnes of fuel oil. (Reporting and Editing by Susan Fenton).
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Tasnim News Agency reports that Iran has stopped exchanging messages with the United States and may even block Hormuz.
Iran's Tasnim News Agency reported on Monday that Tehran's negotiating group is ceasing to exchange'messages' with the United States via mediators because of attacks on Lebanon. Diplomatic efforts are continuing to end 'the three-month old Iran War. According to the agency, Iran and the Resistance Front (which includes Shiite allies from Yemen, Lebanon, and Iraq) have an agenda that will block the Strait of Hormuz, and activate other fronts including the Bab El Mandeb Strait in order to punish Israel and its supporters. The Bab El Mandeb strait, off the coast Yemen, is a key shipping choke point and narrow passageway which controls sea traffic to the Suez Canal. "Violations on one front are violations of the ceasefire across all fronts." Abbas Araqchi, Iranian Foreign Minister on X Monday, said that the U.S. as well as Israel were responsible for any violations. The U.S.-Israeli war, which began on February 28, has resulted in the deaths of thousands of people - mainly from Iran and Lebanon. The war has also caused global economic pain, as energy prices have risen since 'Iran closed the Strait of Hormuz - a vital supply route for oil, LNG and other liquefied gas. Tasnim said that Iranian officials and negotiators have stressed the need for the Zionist regime to cease its aggressive and brutal military operations in Gaza, Lebanon and the occupied areas of Lebanon. There will be no discussions until Iran's and the resistance’s views are met on this issue. Reporting by Elwely Elwelly, Editing by Kevin Liffey
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Israel's El Al resumes San Francisco flights between Tel Aviv, Silicon Valley and Tel Aviv
El Al Israel Airlines announced on Monday that it will resume nonstop flights between Tel Aviv, Israel and San Francisco starting October 25. The airline cited a demand for a route connecting the two tech hubs. The three 15-hour weekly flights were given the number LY49 in honor of the San Francisco 49ers Football team. Shlomi Zafrani is El Al's Vice President of Commerce and Sales. The opening of this new route is intended to "respond to the significant demand from businessmen and Israelis in the region and to facilitate a more convenient and direct connection between Israel, Silicon Valley and the rest of the world." El Al operated between the two cities from late 2018 to early 2020, when it suspended the route 'due to COVID-19 pandemic. Resuming flights?to San Francisco is part of El Al's expansion. El Al, the Israeli flag carrier, announced in April that it would purchase up to 12 additional long-haul Dreamliner aircraft. The new route will increase the number of nonstop flights between Israel and U.S. cities. This includes New York City, Miami, Boston, Los Angeles, etc. (Reporting and editing by Alexander Smith; Steven Scheer)
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Choose France summit promises major investment
At its annual Choose France Business Summit on Monday, France announced 71 projects for foreign investment worth a total of EUR93 billion ($108.3billion). They will create over 15,600 jobs. The biggest announcements focused on?artificial Intelligence and data centres. President Emmanuel Macron is seeking to position France as a European Hub?for AI Infrastructure, helped by the?low-carbon electric supply. Here are some of the major 'investment' pledges: AI AND DATA CENTRES SoftBank has plans to build and operate five gigawatts of AI-dedicated capacity data centres in France. This includes an initial EUR45billion investment in Hauts-de-France for 3.1gigawatts by 2031. These projects will create approximately 8,600 construction jobs, and 900 direct operational jobs. The Canadian asset manager Brookfield has announced plans to increase AI infrastructure investments to EUR30 billion in France, up from EUR20 billion in February 2025. The investment includes an?AI facility in E-Valley, near Cambrai, and a new AI location at Escaudain. Nebius, a Dutch AI cloud company, plans to transform a former Bridgestone?site into a major European Computing Site. The company will invest more than EUR8 Billion for a targeted capacity of up to 240 Megawatts. Abu Dhabi investment firm MGX, and French public investment institution?Bpifrance announced that a second AI location will be selected in the near future. This site represents about EUR7.5 billion worth of investment as well as 700 permanent jobs when operational. Verne, a low-carbon data center specialist and Ardian, a French investment firm plan to build a digital infrastructure campus for the Paris area. The project will involve an investment of up EUR5 billion with aims of 500 MW. Phoenix Group, a digital infrastructure group in the UAE, is planning a 18-MW data center campus in Lyon and a larger plan that includes about 500 MW of data centres in France. This could represent up to EUR4 Billion in potential investment. Salesforce, a U.S.-based business software company, announced an additional EUR2 Billion investment in France including its first EU AI Innovation hub in Paris. INDUSTRY ENERGY DECARBONISATION EDP, the Portuguese utility company, announced EUR1.3 billion in new investments for France by 2030. These include onshore and off-shore wind, solar, battery storage, grid infrastructure, and other technologies. Enertrag, a German renewable energy company, announced an investment program of EUR1,1 billion by 2030 in France for battery storage and renewable energy infrastructure. Marcegaglia, an Italian steel company, announced that it would invest another EUR600 million in its project?Mistral at Fos-sur-Mer. This brings the total investment planned at this site to EUR1.2 billion. The Irish-based Smurfit?Westrock paper packaging company announced that it would invest nearly EUR600,000,000 in its French facilities over the next 3 to 5 years to modernise their operations and reduce carbon emissions. HEALTH AND PHARMA German pharmaceutical company Boehringer Ingelheim has announced an investment program of EUR 500 million by 2030 in animal healthcare LOGISTICS RETAIL AND FINANCE Belgian real-estate group VGP is investing more than EUR1.5 billion in business parks and logistic facilities. Amazon, a U.S. cloud and e-commerce group, announced the opening of three new distribution centres and three new logistic sites. The company invested EUR400 million in these projects and created more than 3,000 permanent jobs. Polish parcel lockers and delivery group,?InPost (owner of Mondial Relay), plans to invest at least EUR500 million in France more by 2030 and create at least 750 new jobs. Entertainment The Saudi E-Sport Foundation is investing around EUR250m in the organisation of the Esports World Cup this summer in Paris, which according to the government should generate an indirect economic impact of around EUR600m.
As the Middle East conflict escalates, airlines cancel more flights
The global air travel industry is still severely affected by the Iran war, which forced the closures of key Middle Eastern hubs such as Dubai, Doha, and Abu Dhabi. This left tens thousands of passengers stranded.
The following is the latest information on flights in alphabetical order.
AEGEAN AIRLINES
The largest airline in Greece has cancelled flights to Tel Aviv and Baghdad. Dubai flights are cancelled until the 28th of March and Riyadh flights until March 14.
AIR BALTIC
AirBaltic, a Latvian airline, said that 'all' flights to Tel Aviv were cancelled until the 28th of March. All flights to Dubai are cancelled until March 30, according to airBaltic.
AIR CANADA
The Canadian carrier has cancelled all flights from Tel Aviv to Dubai and all flights from Dubai to Tel Aviv, until May 2.
AIR EUROPA
All flights from Spain to Tel Aviv have been cancelled until March 20.
AIR FRANCE KLM
Air France has cancelled all flights from Dubai to Riyadh and Dubai to Tel Aviv until March 15.
KLM has suspended flights from Riyadh to Dammam until March 14 and Dubai flights up to March 28. Flights to Tel Aviv have been suspended throughout the winter season.
CATHAY PACIFIC
Hong Kong Airlines has cancelled all flights from and to Dubai, and to and Riyadh up until March 31, 2019.
U.S. carriers has cancelled flights between New York and Tel Aviv from March 31 to April 1 and Tel Aviv to New York from March 31 to April 1.
EL AL ISRAEL AIRLINES
El?AL has cancelled all regular flights until March 14th.
EMIRATES
The UAE airline announced that it would be operating a reduced schedule.
ETIHAD AERWAYS
The UAE carrier announced that it has resumed limited commercial flights between Abu Dhabi, and a number of key destinations.
FINNAIR
The Finnish airline has cancelled Doha flights and Dubai flights up until March 29, and will avoid the airspaces of Iraq, Iran and Syria. The airline is sending at least one flight to Muscat to take customers back home on March 10. More flights are planned for later this week.
British Airways, owned by IAG, has cancelled all flights from Abu Dhabi to Amman until the end of this year, and all flights from Doha to Dubai, Doha to Amman and Tel Aviv to later in March.
ITA AIRWAYS
ITA Airways has extended the cancellation of flights to Dubai until March 28 and suspended flights from Tel Aviv till April 2.
JAPAN AIRLINES
Japan Airlines has suspended all flights between Tokyo and Doha scheduled to run from 28 February until 21 March, as well as Doha-Tokyo flights up to 22 March.
Polish airline LOT has cancelled all flights from Tel Aviv to Tel Aviv and Dubai until March 28. LOT? also cancelled flights to Riyadh and Beirut until March 24, as well as to Tel Aviv from March 31 toApril 30.
LUFTHANSA GROUP
German airlines, including Lufthansa and Austrian Airlines as well as Swiss, Brussels Airlines and Swiss Airlines, have suspended flights from Tel Aviv to Beirut, Dubai and Dubai until March 28. Flights were suspended to?Tehran until April 30, and to Amman Erbil Dammam Abu Dhabi and Amman Erbil Dammam through March 15.
MALAYSIA AIRLINES
Malaysian Airlines has suspended all flights to Doha until 20 March.
NORWEGIAN AIR
The Norwegian airline will begin flying to Tel Aviv from June 15 instead of April 1, and to Beirut on April 4, as previously planned.
PEGASUS
Pegasus Airlines has cancelled all Iran flights until 28 March. Until March 23, flights to Iraq, Amman, Beirut Kuwait, Bahrain Doha, Dammam Dubai Abu Dhabi and Sharjah have been cancelled.
QATAR AIRWAYS
The airline operates a limited flight schedule between Doha and other destinations. It plans to start operating some flights on March 9 following a temporary authorization from the Qatar Civil Aviation Authority.
SAUDIA AIRLINES
Saudi Arabian Airlines suspended flights to Amman, Kuwait and Abu Dhabi until 12 March, and flights to Moscow and Peshawar until 16 March.
TURKISH AIRLINES
Turkish Airlines has removed Iran flights until March 12 from its program, the Turkish transport minister announced. The Turkish transport minister added that Turkish Airlines had cancelled all flights to Iraq and Syria, Lebanon, Jordan, until March 13.
WIZZ AIR
The low-cost carrier suspended flights from Europe to Israel and other destinations in the Middle East until September. (Compiled by Josephine Mason and Jamie Freed; edited by Matt Scuffham, Milla Nissi, and Romolo tosiani)
(source: Reuters)