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India first to sign trade deal with US: Treasury Secy

NEW YORK : US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donal...

PSA International weighs selling 20% stake in CK Hutchison’s ports business, sources 

SINGAPORE : Singapore’s PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge...

Shipping data: UNCTAD releases new seaborne trade statistics

GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment...

Joint Statement at the conclusion of the State Visit of Prime Minister to the Kingdom of Saudi Arabia

"A Historic Friendship; A Partnership for Progress” JEDDAH : At the invitation of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown...

PM Modi meets with PM Saudi Arabia and co-chairs the India–Saudi Arabia Strategic Partnership Council

JEDDAH : Prime Minister Shri Narendra Modi paid a State Visit to the Kingdom of Saudi Arabia on April 22, 2025. Prime Minister was...

Saudi Arabia and India agree to set up 2 Oil Refineries

JEDDAH : Saudi Arabia and India agreed to deepen energy ties and cooperate more closely on a wide range of industries including defence, tourism...

India closes main border crossing with Pakistan after Pahalgam Attack, Pakistan faces global isolation

NEW DELHI : India’s strong diplomatic retaliation following the brutal terrorist attack in Pahalgam, which left 26 people dead, including 25 Indians and one...

Government raises duty drawback on Gold, Silver to promote exports

NEW DELHI : The Government's decision to increase the drawback rate on select gold and silver article will help moderate the impact of the...

MSC partners and has placed order for six container ships with Hengli Heavy Industry

GENEVA : MSC Mediterranean Shipping Company, led by Soren Toft, has partnered with Hengli Heavy Industry for a new series of LNG dual-fuel megamax...

Global shipping navigates Trump tariffs uncertainty

PARIS : Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly...
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