Iran & India reach long-term agreement on Chabahar port’s development
TEHRAN : Iran and India have reached a “final agreement” on the development of the southeastern Iranian port city of Chabahar, the official news agency IRNA reported on
Concerned about rising attacks on ships by Yemen’s Houthi rebels, India tells Iran
NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has
Cochin Shipyard set to take a giant leap on global stage with new dry dock and repair facility
KOCHI : India’s shipbuilding and ship repair capabilities will take a quantum leap with state-run Cochin Shipyard Ltd, India’s biggest shipbuilder by dock capacity, opening a new dry
PSA container throughput performance for 2023
SINGAPORE : PSA International Pte Ltd (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals
US-owned ship hit by missile off Yemen
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened
Egypt’s Suez Canal revenues down 40% due to Houthi attacks
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday,
Red Sea crisis will lead to oil price hike in India : WEF President
DAVOS : The ongoing tensions in the Red Sea due to recurrent attacks on merchant ships by Yemen’s Houthi rebels have a negative impact on the global supply chain and
Indian Army synergizes logistics with PM Gati Shakti
By Brigadier Atul Kumar, SM The PM Gati Shakti National Master Plan (PM GS NMP) was launched in Oct 2021 and the National Logistics Policy (NLP) was notified
US military strikes another Houthi-controlled site in Yemen, poses risk to commercial vessels in Red
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
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