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Iran: Britain might release Grace 1 tanker soon

Iran said on Tuesday that Britain might free its oil tanker Grace 1 soon, after some documents were exchanged that would help the seized ship’s release.
“Britain is interested in releasing Iran’s oil tanker Grace 1 ... following the exchange of some documents, we hope the release will take place soon,” the deputy head of Iran’s ports and Maritime Organisation, Jalil Eslami, said in remarks reported by IRNA news agency.
Gibraltar said on Tuesday it was seeking to de-escalate tensions arising with Iran since the detention of the Grace 1 tanker.
“We continue to seek to de-escalate issues arising since the lawful detention of Grace 1,” a spokesman for Gibraltar said. The current detention order on the vessel expires on Saturday night, the spokesman said.
British Royal Marines seized the Iranian oil tanker on July 4 off the coast of the British Mediterranean territory of Gibraltar on suspicion of violating EU sanctions by taking oil to Syria, which Iran denies.
“The vessel was seized based on false allegations ...it has not been freed yet,” Eslami said.
Two weeks after the capture of the Iranian tanker, Iran’s Revolutionary Guards seized a British tanker, Stena Impero, near the Strait of Hormuz, accusing it of marine violations. Britain considers that action to have been illegal retaliation.
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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