Ras Laffan attack raises spectre of prolonged LNG supply disruption
OSLO: Severe damage to Qatar’s Ras Laffan LNG complex is likely to prolong supply disruption well beyond initial expectations, with traders and analysts now warning of the potential for a sustained outage and extended
NICDC organises stakeholder consultation on revitalising export-oriented industrial clusters
NEW DELHI : The National Industrial Corridor Development Corporation (NICDC) organised a consultation meeting on the Union Budget announcement regarding the rejuvenation of export-oriented industrial clusters at Vanijya Bhawan, New Delhi. The consultation was
India launches anti-dumping probe into ethyl chloroformate imports from China
NEW DELHI : India on Tuesday opened an anti-dumping investigation into ethyl chloroformate imports from China after a domestic producer alleged the chemical used in pharmaceutical and agrochemical manufacturing was being sold at unfairly
Nearly 90 ships cross Strait Of Hormuz as Iran exports millions of barrels of oil despite war
HORMUZ : About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a
Indian Register of Shipping takes one of India’s largest crude tankers, VLCC Lila Jamnagar, into Class
JAMNAGAR : Indian Register of Shipping (IRS) has taken into class Lila Jamnagar, a 298,997 DWT Very Large Crude Carrier (VLCC) and one of the largest vessels to sail under the Indian flag. The
Prolonged West Asia crisis deals multiple blows to Indian exporters
NEW DELHI : The prolonged West Asia crisis and the near-halt of traffic through the Strait of Hormuz and other Gulf shipping lanes have triggered widespread disruption for Indian exporters, with industry estimates suggesting
Middle East conflict raises stagflation risks for global economy, Asia, Europe more vulnerable: Report
NEW DELHI: The ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz since the start of March have introduced a stagflationary risk to the global economy, according to
Arab maritime sector attracts nearly $4bn in foreign investment over 23 years : Dhaman
JEDDAH : Arab countries secured 146 foreign maritime transport projects worth nearly $4 billion over the past 23 years, according to a report by Arab Investment and Export Credit Guarantee Corp., also known as