Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the
NorthStandard adds office in South Korea to its Asian network
SEOUL : NorthStandard has announced plans to open a new office in South Korea, one year after establishing its combined Asia Pacific headquarters in Singapore. New base in
Hapag-Lloyd increases rates from Middle East and Indian Subcontinent to Europe and North Africa
HAMBURG : Ocean carrier Hapag-Lloyd has announced fresh ocean tariff rates from Middle East and Indian Subcontinent to Europe and North Africa. The German container line will increase
Partnership with Maersk will help Hapag Lloyd double down on its sustainability targets : Rolf Habbe
HAMBURG : Container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading to Hapag’s withdrawal from THE
ZIM’s Piraeus office in Greece targetted bomb attack
PIRAEUS : In an unfortunate incident on 17 January, ZIM’s office in Greece, fell victim to a bomb planted by pro-Palestinian activists. The explosive event occurred during the
Red Sea attacks : US again hits Houthi targets as global shipping reels
WASHINGTON : The US Military on Thursday conducted a fifth strike against Iranian-backed Houthi rebel military sites in Yemen and against Houthi anti-ship missiles stationed for launch into the Red Sea. These
Iran-backed Houthis launch two anti-ship ballistic missiles at American-owned tanker in Red Sea : US
SANAA : The US Military said Iran-backed Houthis launched two anti-ship ballistic missiles at an American-owned tanker ship in the Red Sea on Thursday night that hit the
US launches fourth round of strikes on Houthi targets in Yemen
WASHINGTON : The US has carried out a fourth round of strikes on Iranian-backed Houthis in Yemen, Pentagon officials confirmed on Wednesday night. Some 14 Houthi missiles, which
China widens trade highway in South America with new mega port project
BEIJING : In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega port rising on
India says situation in Red Sea ‘matter of concern’, closely monitoring : EAM
NEW DELHI : India on Thursday dubbed the security situation in the Red Sea as a “matter of concern”, adding that it is closely watching the developments in