May 17, 2026
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Iran may decide closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk

June 23, 2025 International Shipping, Global Trade, Maritime, Trending News
WASHINGTON : Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows. The move, which could block $1 billion in

Yemen’s Houthis say ready to attack Red Sea after US strikes on Iran

June 23, 2025 International Shipping, Global Trade, Maritime, Trade, Trending News
SANA : Yemen’s rebel government says it supports a vow by its armed wing a day earlier to hit US ships in the Red Sea should Washington launch strikes on Iran. “We affirm the

Donald Trump predicts trade deals with India and Pakistan

June 23, 2025 Trade, Business, Economy, Finance, Global Trade, Trending News
WASHINGTON : President Donald Trump predicted on Friday that the United States will be able to negotiate trade deals with both India and Pakistan. Speaking to reporters as he arrived in New Jersey, on

FTA impact : India sees export uptick in trade with Australia, UAE

June 23, 2025 EXPORT, Global Trade, Trade, Trending News
NEW DELHI : In a move that reflects India’s policy emphasis on boosting exports through Free Trade Agreements (FTAs), the country’s trade pacts with Australia and the United Arab Emirates (UAE) are beginning to

FATF report links dual-use cargo seized by India in 2020 to Pakistan missile agency

June 23, 2025 Maritime, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : A dual-use equipment seized by India from a Pakistan-bound merchant vessel in 2020 is linked to Islamabad’s National Development Complex, which is involved in the country’s missile development programme, a new

Banana was India’s most exported fruit in FY25; shipments up seven-fold since FY18

June 23, 2025 EXPORT, Global Trade, Trade, Trending News
NEW DELHI : India’s banana production is not only meeting domestic demand but is also making its way into banana puddings and cookies across the Middle East. In FY25, bananas overtook grapes to become

India’s commerce secretary holds meeting on Iran-Israel conflict’s trade fallout: Sources

June 21, 2025 Export - Import, COMMERCE, Economy, Global Trade, MSME, Shipping Line, Trade, Trending News
NEW DELHI : According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and air-cargo sectors to discuss the impact of the Iran-Israel conflict on India’s trade and

Union Minister for Finance and Corporate Affairs chairs Conclave with Principal Chief Commissioners, Chief Commissioners and Director Generals of CBIC

June 21, 2025 Customs, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired the Central Board of Indirect Taxes and Customs (CBIC) Conclave with the Principal Chief Commissioners, Chief Commissioners and Director Generals

Maersk temporarily pauses Haifa Port calls

June 21, 2025 International Shipping, Company, Foreign Ports, Global Trade, Trade, Trending News
COPENHAGEN : Container shipping company Maersk, opens new tab said on Friday it had temporarily paused vessel calls at Israel’s Haifa port, amid the country’s escalating conflict with Iran. The Danish company said it had not experienced

2 Navi Mumbai shipping agents under DRI surveillance over lack of information in Wan Hai 503 cargo

June 21, 2025 Ports, Economy, Finance, Global Trade, Shipping, Tax, Trade, Trending News
KOCHI : The Directorate of Revenue Intelligence (DRI) has placed two shipping agents operating at the Nhava Sheva Port in Navi Mumbai under close surveillance in connection with the investigation into the cargo aboard
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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