India, Japan and South Korea should work together to protect shipping
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In
India’s imports of Saudi oil in September slump to a multi-year low
NEW DELHI : India’s reliance on imported crude in the April-September period of the current financial year ending March rose to 87.8 per cent from 86.5 per cent
India needs to reduce cost of fuel to boost inland waterways : Nitin Gadkari
NEW DELHI : India needs to work towards reducing the cost of fuel to boost inland water transport within the country, MoRTH Shri Nitin Gadkari said recently. Addressing
Oil prices jump on concerns over Middle East supply disruptions
LONDON : Oil prices jumped by 4 per cent on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East.The West
Adani Gangavaram Port achieves a new record in handling Rakes
VISAKHAPATNAM : Adani Gangavaram Port, the deepest and the most modern port in the country, on Wednesday announced it has set a new record of handling 160 rakes.
Dushyant Mulani takes over as Chairman FFFAI ; new Office Bearers elected at 60th AGM in Mumbai
MUMBAI : In its 60th Annual General Meeting which was held on September 29, 2023 in Mumbai, the Federation of Freight Forwarders’ Associations in India (FFFAI) elected new
VOC Port in Tamil Nadu creates history with India’s first Green Ammonia import, to promote
TUTICORIN : The V O Chidambaranar (VOC) Port, located in Tamil Nadu has made history by becoming the first port in India to handle green ammonia. V O
Cyclone Mocha forces 60-hour operation closure at Chittagong port
DHAKA : The operations at the Chittagong port, Bangladesh’s prime seaport, had remained suspended over two days as the super cyclone Mocha approached and crossed the country on
Political instability is a “Risk Multiplier” which is putting a successful green energy transiti
LONDON : The International Chamber of Shipping (ICS) Maritime Barometer Report 2022-2023 – published on Tuesday, 16th May, 2023 – reveals that uncertainty over fuel availability and infrastructure
China’s slacking imports, slowing exports peril global economic recovery
BEIJING : Chinese imports plunged and export growth slowed down in April as the recovery waned, raising concerns about the country’s ability to boost the global economy. Overseas