March 7, 2026
May 31, 2026
March 7, 2026
Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs
NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) has warned, as freight rates
March 7, 2026
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
LONDON: A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said. The master observed a small
March 7, 2026
MSC introduces war-risk surcharge on Africa trade
GENEVA : Mediterranean Shipping Company (MSC) has announced the introduction of war-risk surcharges on cargo shipments bound for African markets and Indian Ocean island destinations. The new charges apply to cargo moving from both
March 7, 2026
Global trade reroutes to Africa as Hormuz traffic plunges 90%
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global maritime trade to reroute around the Cape of Good Hope,
March 5, 2026
Shipping Ministry Reviews Maritime Situation in Persian Gulf; Enhanced Monitoring to Safeguard Indian Vessels & Seafarers
NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) is closely monitoring the evolving maritime security situation in the Persian Gulf and has strengthened precautionary measures to safeguard Indian-flagged vessels and Indian seafarers operating in
March 5, 2026
DG Shipping forms Quick Reaction Team to handle Persian Gulf crisis
MUMBAI: In the wake of the US-Israel joint strikes on Iran and the subsequent retaliation leading to wider ramifications in the Persian Gulf, the Directorate General of Shipping (DG-Shipping) has formed a 24×7 Quick Reaction Team
March 5, 2026
CMA CGM suspends Middle East Bookings, Implements Emergency Measures amid escalating Regional Tensions
MARSEILLE: Global shipping major CMA CGM has announced sweeping operational measures across the Middle East, including the immediate suspension of bookings to several regional ports and the implementation of emergency protocols for ongoing shipments. The move
March 5, 2026
Middle East Impact: Over 1,000 Food Containers stuck at Mumbai’s Jawaharlal Nehru Port
MUMBAI: Mumbai’s Jawaharlal Nehru Port Trust is facing the heat of the ongoing war in the Middle East region. As tensions between the Arab countries, Israel, Iran, and the US grow, disruptions of maritime
March 5, 2026