January 16, 2024
March 19, 2026
January 15, 2024
India explores measures to mitigate Red Sea crisis impact on export trade
NEW DELHI : Ιndian government and shipping industry stakeholders have realised the urgency to deal with growing trade challenges from the Red Sea shipping crisis, as market rating forecasters generally expected the emerging economy
January 15, 2024
Panama Canal Authority ‘understands’ Maersk’s decision to use rail amid drought
PANAMA CITY : The Panama Canal Authority said on January 12 that it “understands” clients’ decisions to turn to alternative shipping methods as the canal faces restrictions due to an ongoing drought, and that
January 15, 2024
US military strikes another Houthi-controlled site in Yemen, poses risk to commercial vessels in Red Sea
YEMEN : The US military conducted strikes on a Houthi-controlled site in Yemen early on Saturday, which it deemed a threat to commercial vessels in the Red Sea, according to two anonymous US officials. Associated
January 15, 2024
Shippers are counting the cost of war
OSLO : Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta Chief Analyst Mr. Peter Sand, who was responding to questions on how
January 13, 2024
GIFT City to host 10 lakh people, work on to attract ship, aircraft leasing businesses: Hasmukh Adhia
GANDHINAGAR : When complete, the Gujarat International Finance-Tec (GIFT) City will provide living and working spaces for around 10 lakh people, even as changes in the regulatory framework are being worked out to attract
January 13, 2024
Jaishankar to visit Iran on Monday as Red Sea Conflict escalates
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions and Jaishankar’s discussion with US Secretary
January 13, 2024
US-UK launch massive airstrikes against Houthi rebels in Yemen after Red Sea shipping attacks
LONDON : The United States and the United Kingdom joined forces to launch a retaliatory attack against Iran-based rebel group Houthis in Yemen shortly after the group claimed responsibility for a string of attacks
January 13, 2024
Maersk to use Rail to bypass Panama Canal Amid Drought
COPENHAGEN : AP Moller-Maersk will use rail transport to avoid the drought-hit Panama Canal, the Danish shipping giant said late on Wednesday, as low water levels have caused one of the world’s main maritime trade routes to reduce crossings.The Panama Canal Authority (ACP)
January 13, 2024