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
400,000 tons stuck in transit: Iran conflict disrupts India’s basmati exports
NEW DELHI: About 400,000 metric tons of Indian basmati rice are stuck in transit as the Iran conflict disrupts shipping routes across the Middle East and sends freight costs soaring, Reuters reported on Tuesday,
Iran to allow Only Chinese Vessels through Strait Of Hormuz: Sources
TEHRAN: Iran has said it will allow only Chinese vessels to pass through the Strait of Hormuz as an expression of gratitude for Beijing’s stand towards Tehran since the war in the Middle East
Saudi’s Aramco explores Oil Exports from Red Sea to avoid Strait of Hormuz
DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that’s situated outside the Persian Gulf, where dozens of ships are hunkered down as the
INTERTANKO and OCIMF have issued the following joint statement
LONDON: INTERTANKO (the International Association of Independent Tanker Owners) and Oil Companies International Marine Forum (OCIMF) have issued the following joint statement: “As we monitor the evolving situation across the Middle East and its
NGOs warn EU Port and Industrial Maritime strategies fall short for ocean protection
BRUSSELS: The European Commission published two ocean-focused EU strategies: The European Ports Strategy and the EU Industrial Maritime Strategy. Both strategies are presented under the 2025 Ocean Pact which aims to align European Union’s
Fragmented compliance systems increase sanctions risk across global shipping, Marcura report warns
DUBAI/LONDON: Maritime companies face rising sanctions and compliance complexity as regulators increasingly expect risks to be detected before violations occur, according to a new report published by Marcura. The report “The Fragmentation Problem in
Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments
NEW DELHI: The Department of Commerce, Ministry of Commerce & Industry, held a stakeholder consultation with all stakeholder ministries, key logistics and trade facilitation partners to review the emerging geo-political situation and its potential