Targeted Iranian Tanker Plugged as it Heads for Gulf, Iran Says

An undated picture shows the Iranian-owned Sabiti oil tanker sailing in the Red Sea. National Iranian Oil Tanker Company via WANA (West Asia News Agency) via REUTERS  DUBAI, Oct 12 (Reuters) – Leakage of cargo from an Iranian-owned oil tanker apparently hit by missiles in Red Sea waters off Saudi Arabia has been stopped asContinue reading “Targeted Iranian Tanker Plugged as it Heads for Gulf, Iran Says”

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Carnival’s Q3 profit rises, but storm clouds are on the horizon

Carnival Corp. reported higher third quarter-net income, but reduced its outlook for the 2019 fiscal year and said that business in Europe and the U.S. had eroded since it last reported results three months ago. Reacting to the mix of news, investors pushed Carnival shares down 7% in mid-morning trading on Thursday. Carnival said netContinue reading “Carnival’s Q3 profit rises, but storm clouds are on the horizon”

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P&O Cruises pulls Dubai and Arabian Gulf programme

P&O Cruises has scrapped its entire Dubai and Arabian Gulf 2019-20 winter programme amid rising fears for British-flagged vessels sailing in the region. The cruise line’s president Paul Ludlow said it had sought advice from “external authorities” have been monitoring the friction between the West and Iran before announcing the decision. Last month, Iran’s RevolutionaryContinue reading “P&O Cruises pulls Dubai and Arabian Gulf programme”

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