BEIJING : The expected arrival of a Chinese research ship in the Maldives this week has escalated tensions between Beijing, Delhi and Male, the vessel Xiang Yang Hong 3 is there to “make a
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass
WASHINGTON : Militaries from the United States and the United Kingdom conducted additional strikes against the Houthi-controlled areas in Yemen on Saturday, US Defence Secretary Lloyd Austin has said. In a statement issued on
NEW DELHI : In a clear indication of its expanding global ambitions, India is flexing its naval prowess in international waters with anti-piracy patrols and large-scale deployment of warships close to the Red Sea to protect merchant ships from attacks in
YEMEN : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the
THOOTHKUDI : The Tamil Nadu Government has secured a commitment from German container shipping company Hapag-Lloyd to invest Rs 2,500 crore for the development of container terminals and logistics parks in Thoothukudi and other
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new
BEIJING : With a cargo ship recently departing for Jingjiang Port in east China’s Jiangsu Province after unloading nearly 20,000 tons of Russia-imported coal at Longkou Port in east China’s Shandong Province, a new
LONDON : “China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood,