live Moscow and Kyiv exchange 10 prisoners of war each, Russian official says
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissio...
Pakistan is set to upgrade its national shipping fleet by 600% over the next three years, to improve efficiency, cut freight costs, and adopt cleaner maritime technologies. Pakistan’s Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, made the expansion announcement on Tuesday.
The move is part of a wider strategy to improve maritime infrastructure and enhance the country’s role in regional trade with a focus on incorporating greener technologies and energy-efficient vessels into the state-owned fleet.
Speaking at a high-level meeting, Chaudhry said the project reflects Pakistan’s long-term vision for the maritime sector.
“This initiative reflects our broader vision to modernize the maritime sector, boost operational efficiency, and introduce advanced technologies across all institutions,” he said.
The minister explained that the fleet expansion is expected to reduce Pakistan’s sea freight bills and help conserve foreign exchange reserves. He also emphasised the environmental aspect of the effort, which focuses on developing a more energy-efficient and climate-resilient maritime system.
Chaudhry added that future acquisitions will prioritise greener technologies and energy-efficient vessels for the state-owned fleet, in line with the country’s commitment to climate-smart growth.
Pakistan has been seeking to revitalise its maritime capabilities in recent years, with ports such as Karachi and Gwadar playing an increasingly important role in trade through the Arabian Sea. The government has also faced growing pressure to reduce the country’s reliance on foreign shipping lines and cut freight costs that weigh on its balance of payments.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Meta Platforms has agreed to pay up to $16.68 billion and make sweeping changes to Facebook and Instagram to settle claims that its platforms put children and teenagers at risk.
At least nine people have been killed and hundreds of tourists are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Instagram Chief Adam Mosseri has acknowledged that few teenagers used Instagram’s “Take a Break” feature before it became a default setting, as Meta faces a major U.S. trial over child safety.
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