UK is ready to attack Houthi rebels, says UK Defence Secretary
LONDON : Britain is considering air strikes on Houthi rebels as the Defence Secretary, Mr. Grant Shapps warns that the UK will not hesitate to take “direct action”
AM/NS India signs ₹16,000-cr investment deal with Gujarat Govt
GANDHINAGAR : Steel-manufacturer ArcelorMittal Nippon Steel India Ltd (AM/NS India) has signed Memorandum of Understanding worth ₹16,000 crore with the Gujarat government. The agreements include an investment for the
Attack on ship off India’s west coast can raise war risk premiums as security tightens
NEW DELHI : India has deployed missile destroyers in the Arabian Sea following the drone attack on a chemicals tanker off its west coast as market participants cautioned
US tries to persuade Shippers to sail Red Sea despite Houthi Attacks
WASHINGTON : The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal
Inland Water Transport in Andhra Pradesh(APIWA) being strengthened
VIJAYAWADA : Around 8 million tonnes per annum (MTPA) is being moved through inland water transport in Andhra Pradesh, said AP Inland Waterways Authority (APIWA) Chairman Dilip Kumar Dantuluri.
AD Ports Group and RSPA sign Definitive Concession Agreement to Develop and Operate Multipurpose Ter
CAIRO : AD Ports Group a leading facilitator of global trade, logistics, and industry, has today announced that it has signed a definitive concession agreement with the Red
DP World promises ₹24,000 crore investments for Gujarat
GANDHINAGAR : Dubai-based DP World has promised to invest ₹24,000 crore in Gujarat for developing various logistic facilities in the state including a proposal to build a port
Maersk schedules dozens of vessels to travel via Suez Canal
COPENHAGEN : Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on
Red Sea Crisis : Shipping industry association warns rerouting may spike costs by 80%
MUMBAI : The rerouting of ships to Europe via the Cape of Good Hope due to ongoing attacks on containers in the Red Sea could lead to an
Indian Navy centre’s report highlights maritime security threat from drone attacks in Indian O
NEW DELHI : In its November 2023 monthly report, the Indian Navy’s Information Fusion Centre – Indian Ocean Region (IFC-IOR) emphasised the increasing peril of drone attacks in