INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Six crew members missing after cargo ship sinks in Marmara sea

The transport ministry said an empty life boat was found during the search. (AFP)
  • The Batuhan A, which was bringing dry cargo from Balıkesir's Marmara Island to Bursa, sank off Imrali island, south of Istanbul
  • Bursa governor Mahmut Demirtas said authorities received an "emergency" signal from the vessel but then lost contact

Istanbul, Turkey– A cargo vessel sank in the Marmara sea near Istanbul on Thursday, officials said, adding that a search was underway to find the six missing crew.

The Batuhan A, which was bringing dry cargo from Balıkesir’s Marmara Island to Bursa in northwest Turkey, took on water and sank off Imrali island, south of Istanbul, the private DHA news agency reported.

Bursa governor Mahmut Demirtas said authorities received an “emergency” signal from the vessel but then lost contact.

The transport ministry said an empty life boat was found during the search.

“The rescue operation continues to find six crew members who are believed to be Turkish citizens,” Demirtas told the private NTV television.

“The waves reach three meters. I think we will receive positive news as soon as possible in our search efforts,” he said.

Helicopters in the region could not take off because of bad weather.