Wednesday, 05 August 2026, 01:53:27 PM
BREAKING NEWS
CHENSAA conducted its 69th AGM – Mr.Y.Leeladharan India's Logistics Sector Is Becoming an Information Economy : An article By Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL Iran, Oman Discuss Temporary Two-Way Shipping Corridor through Strait of Hormuz KR Certifies 3D Printing Technology, Expanding Applications from New Part Production to Maintenance and Repair in Defense and Shipbuilding GRSE bags ₹1,032 crore PSV contract from ONGC: Powering India’s Offshore Energy Sector Adani Vizhinjam International Seaport sets new operational benchmark with record 10,545 TEU exchanges on a single vessel Accurate Industrial Controls takes India into the marine autonomy market Finnish icebreaker Nordica chartered in to operate in Canadian waters CK Line returns to Huangpu Wenchong for container ships The First Woman Ship Captain Of South Korean Navy Takes Command In 81-Year History CHENSAA conducted its 69th AGM – Mr.Y.Leeladharan India's Logistics Sector Is Becoming an Information Economy : An article By Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL Iran, Oman Discuss Temporary Two-Way Shipping Corridor through Strait of Hormuz KR Certifies 3D Printing Technology, Expanding Applications from New Part Production to Maintenance and Repair in Defense and Shipbuilding GRSE bags ₹1,032 crore PSV contract from ONGC: Powering India’s Offshore Energy Sector Adani Vizhinjam International Seaport sets new operational benchmark with record 10,545 TEU exchanges on a single vessel Accurate Industrial Controls takes India into the marine autonomy market Finnish icebreaker Nordica chartered in to operate in Canadian waters CK Line returns to Huangpu Wenchong for container ships The First Woman Ship Captain Of South Korean Navy Takes Command In 81-Year History
Tanker Aqua 1 struck by two missiles in Qatar waters
Image: UKMTO Another day, another Iranian strike on a merchant vessel. QatarEnergy confirmed today that the Aqua 1, a fuel oil tanker on charter to the company, was the subject of a missile attack in the northern territorial waters of the State of Qatar in the early morning hours of Wednesday, April 1, 2026.

Tanker Aqua 1 struck by two missiles in Qatar waters

Reuters reports Iran’s Islamic Revolutionary Guard Corps as saying that it had targeted ​the Aqua 1 because of what it said were ​its ties with Israel.

According to UKMTO, the vessel was 17 nautical miles north of Ras Laffan when it was struck on the port side by two missiles, one of which caused a fire which was subsequently extinguished. The other remains unexploded within the engine room and is being investigated by the relevant authorities.      QatarEnergy says that none of the crew members on board Aqua 1 were injured, and there is no impact on the environment as a result of this incident.

Meantime, the situation in the region continues to have a negative impact on economies worldwide. The UN Trade and Development (UNCTAD) has followed its first rapid assessment of the situation with a second that finds that what began as a disruption in a key energy corridor is now feeding through the entire global economy. The disruption of the Strait of Hormuz is hitting a large share of global oil and gas supplies, with immediate consequences for production, trade and consumption worldwide. It is also spilling over into transport systems, including maritime routes, air cargo and port logistics.

Trade losing momentum: Global merchandise trade is expected to slow sharply, from about 4.7% growth in 2025 to 1.5–2.5% in 2026.     Inflation pressures rising: Energy shocks are pushing up prices and increasing the cost of living.      Financial stress increasing: Investors are pulling back from developing countries, weakening currencies and raising borrowing costs and high vulnerability: 4 billion people live in countries already spending more on debt than on health or education.

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