June 24, 2025
March 24, 2026
June 24, 2025
India’s business activity surges in June on strong demand, record export orders, PMI shows
BENGALURU : India’s private sector activity accelerated sharply in June as companies ramped up production to meet surging domestic and international demand, according to a survey released on Monday that showed record export growth
June 24, 2025
Half of India’s LNG imports come from Qatar and UAE, relying on Strait of Hormuz for supplies
NEW DELHI : Half of India‘s total natural gas requirement is met via imports that come through the Strait of Hormuz – supplied by Qatar and the UAE – and thus stands exposed to
June 24, 2025
Strait of Hormuz could be vulnerable to Iran retaliation
OMAN : The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to neutralize a threat “posed by the world’s number one state
June 24, 2025
Hapag Lloyd reducing services to Port of Haifa temporarily
HAMBURG : German shipping line Hapag-Lloyd has temporarily reduced its container services to the Port of Haifa, Israel, which is being operated by Adani-Gadot Group, due to the geopolitical tensions in West Asia. Hapag-Lloyd
June 24, 2025
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 seeks to further expand the reach of its fintech services
June 24, 2025
Wilson Sons starts operations powered by 100% renewable energy at the Rio Offshore Support Base
RIO DE JANEIRO : Recognized for its extensive experience of over 187 years, Wilson Sons has begun operating with 100% renewable energy, primarily from wind and solar generation, at its Rio Offshore Support Base
June 24, 2025
Baltic Dry Bulk Index dips to over 2-week low as capesize rates retreat
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a more than two-week low on Monday, dragged by a decline in capesize vessel
June 23, 2025
Exporters may use other routes if Iran blocks Strait of Hormuz
NEW DELHI : The dramatic escalation in the Iran-Israel war with the entry of the US has aggravated the uncertainty over India’s foreign trade in goods, with the possibility of navigation in Strait of Hormuz and Red Sea
June 23, 2025