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IMO suspends Hormuz transits after Evergreen ship attacked

LONDON: The UN's International Maritime Organization announced that it would be pausing its plan to evacuate the Strait of Hormuz on Thursday, following a...

Cargo Force eyes Double-Digit Growth as UK–India FTA takes effect

WEMBLEY (UK); Cargo Force, a leading cross-border logistics provider operating on the United Kingdom–India corridor, expects a significant increase in shipping demand following the...

Iran told US “NO TOLLS” in Hormuz, “negotiations would end” on “false information”: Trump

WASHINGTON DC: US President Donald Trump has moved to stabilise global energy markets, announcing that Iran has provided formal assurances that it will not...

Strengthening economic corridor: India and US advance strategic trade talks

NEW DELHI: In a move to further solidify the robust economic ties between the world's two largest democracies, Union Minister of Commerce & Industry...

CII President advocates calibrated approach to China trade, backs Technology and Investment Partnerships

NEW DELHI : India should adopt a cautious and strategic approach towards deepening trade ties with China while encouraging investments and technology transfers that...

Allianz: $125 billion in vessel and cargo value awaits passage from the Persian Gulf

SINGAPORE: Given that 90% of international trade is transported across oceans, maritime safety and stable shipping trading routes are critical. According to Allianz Commercial's latest Safety and...

Adani Mundra Airport launches first scheduled flight service, connects Kutch with Mumbai and Goa

MUNDRA: Adani Mundra Airport on Tuesday announced the launch of its first scheduled flight service, connecting Mundra with Mumbai and Goa, in partnership with...

India and US reaffirm commitment to deepening Economic Partnership; Trade Pact talks gain momentum

NEW DELHI : Union Minister of Commerce and Industry Piyush Goyal held a high-level meeting with U.S. Trade Representative Jamieson Greer and U.S. Ambassador...

Over 1,200 ships, $125 billion in goods stuck as Hormuz closure rattles global trade: Report

TEHRAN: More than 1,200 cargo vessels carrying goods worth an estimated $125 billion have been stranded by the prolonged closure of the Strait of...

11 India-bound oil, gas, and fertiliser vessels cross Hormuz after US-Iran deal

NEW DELHI: Eleven merchant vessels carrying crude oil, gas and fertilisers to India have transited the Strait of Hormuz and two other ships have...
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