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NYK acquires Kadmos, a salary payment platform for seafarers

TOKYO : Japanese shipping company Nippon Yusen Kabushiki Kaisha, or NYK Line, is acquiring Germany’s salary payment platform for seafaring workers, Kadmos, as it...

Iran may decide closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk

WASHINGTON : Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily...

Yemen’s Houthis say ready to attack Red Sea after US strikes on Iran

SANA : Yemen’s rebel government says it supports a vow by its armed wing a day earlier to hit US ships in the Red...

Donald Trump predicts trade deals with India and Pakistan

WASHINGTON : President Donald Trump predicted on Friday that the United States will be able to negotiate trade deals with both India and Pakistan....

FTA impact : India sees export uptick in trade with Australia, UAE

NEW DELHI : In a move that reflects India’s policy emphasis on boosting exports through Free Trade Agreements (FTAs), the country’s trade pacts with...

FATF report links dual-use cargo seized by India in 2020 to Pakistan missile agency

NEW DELHI : A dual-use equipment seized by India from a Pakistan-bound merchant vessel in 2020 is linked to Islamabad’s National Development Complex, which...

Banana was India’s most exported fruit in FY25; shipments up seven-fold since FY18

NEW DELHI : India’s banana production is not only meeting domestic demand but is also making its way into banana puddings and cookies across...

India’s commerce secretary holds meeting on Iran-Israel conflict’s trade fallout: Sources

NEW DELHI : According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and air-cargo sectors to discuss...

Union Minister for Finance and Corporate Affairs chairs Conclave with Principal Chief Commissioners, Chief Commissioners and Director Generals of CBIC

NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired the Central Board of Indirect Taxes and Customs (CBIC) Conclave...

Maersk temporarily pauses Haifa Port calls

COPENHAGEN : Container shipping company Maersk, opens new tab said on Friday it had temporarily paused vessel calls at Israel's Haifa port, amid the country's...

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