NEW DELHI : The Indian Institute of Foreign Trade (IIFT), an autonomous body under the Ministry of Commerce and Industry, celebrated its 63rd Foundation Day on 2nd May, Saturday. The Union Minister of Commerce
WASHINGTON D.C. : President Donald Trump has said that the US will help guide stranded vessels out of the Strait of Hormuz from Monday. “For the good of Iran, the Middle East, and the
WASHINGTON D.C.: The United States is warning shipping companies that they could face sanctions for making payments to Iran to safely pass through the Strait of Hormuz. The alert posted Friday (May 1) by
TEHRAN : Iran’s Islamic Revolutionary Guard Corps (IRGC) has announced to impose new rules over waters along its southern coastline, aiming to strengthen control of key routes in the Arabian Gulf and the Strait
WASHINGTON : US President Donald Trump has said he was “not satisfied” with a new Iranian negotiating proposal, as peace talks remain frozen despite a weeks-long ceasefire. Iran delivered the draft to mediator Pakistan
LONDON : A bulk carrier reported being attacked by multiple small craft while transiting north about 11 nautical miles west of Iran’s Sirik on Sunday, the United Kingdom Maritime Trade Operations agency said, adding
LONDON: The Marine Environment Protection Committee of the International Maritime Organization (IMO) concluded its 84th session with a commitment to rebuild consensus on global shipping emissions, while sounding the alarm over environmental risks in
GENEVA : MSC, the world’s largest container carrier, is launching a new service to minimize disruptions caused by the effective closure of the Strait of Hormuz. Starting May 10, the company will introduce the
BENGALURU: Indian exporters impacted by U.S. tariffs imposed under the International Emergency Economic Powers Act (IEEPA) will now have an opportunity to recover duties paid, following recent legal developments in the U.S. Skydo, in
RIYADH: The National Shipping Company of Saudi Arabia, the Kingdom’s leading shipping and logistics provider, announced its financial results for the first quarter of 2026, reporting revenue and net profit of SAR 4.96 billion
