RIYADH : Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability
LONDON: As the dust settles on the last month’s National People’s Congress, the global shipping community is beginning to digest a document that could be much more than a legislative checklist. China has officially
NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid rising global risks. The move aims to safeguard trade routes
NEW DELHI : NICDC Logistics Data Services Limited (NLDSL) and Government of Maharashtra signed a Memorandum of Understanding (MoU) on 16th April 2026, to digitize the logistics landscape in Maharashtra by leveraging Unified Logistics
GANDHINAGAR : Gujarat Maritime University (GMU) recently organised a two-day intensive Workshop on ” Global Trade ,Investment & Law ,” in collaboration with Laboratory for the Study of Public Interest Protection Under Economic Sanctions,
NEW DELHI: A complete blockade of the Strait of Hormuz would be the “most disruptive geopolitical shock” to the global economy, with immediate implications for India through surging energy prices, rising inflation and supply
WASHINGTON D.C. : The economic fallout from the war in the Middle East is turning global, and the International Monetary Fund (IMF) in a recent report warned that the poorest and most vulnerable countries
NEW DELHI : India’s exports grew by 4.22 per cent to USD 860.09 billion in the financial year 2025–26, while imports rose at a faster pace of 6.47 per cent to around USD 970
NEW DELHI : The Federation of Indian Export Organisations (FIEO) has welcomed India’s robust foreign trade performance in FY 2025–26, with total exports (merchandise and services) crossing a significant milestone of US$ 860.09 billion,
NEW DELHI : India slipped to become the world’s sixth-largest economy in 2025, dropping one rank from the previous year, according to the latest International Monetary Fund data, even as the country continued to