February 17, 2026
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Houthi drone slams into ship, missile hits another in Red Sea attacks

October 4, 2024 International Shipping, Global Trade, Maritime, Ocean Attack, Trending News
DUBAI : Yemen’s Houthi rebels launched an explosive-loaded drone that crashed into one ship Tuesday in the Red Sea and a missile that exploded against another. The first attack took place some 110 kilometers

U.S. East Coast Dockworkers’ Strike – Key Insights for Container Traders and Leasing Companies

October 4, 2024 Container, Export - Import, Foreign Ports, Global Trade, International Shipping, Shipping Line, Trending News
NEW YORK : At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association (ILA) initiated a strike that has led to the closure of U.S. East Coast and Gulf Coast ports, disrupting the

E-Fuels projected to be available for next Zero Emission Maritime Buyers Alliance (ZEMBA) Tender

October 4, 2024 Fuel, Global Trade, International Shipping, Maritime, Shipping Line, Trending News
LONDON : A new report released by the Zero Emission Maritime Buyers Alliance (ZEMBA) and Lloyd’s Register Maritime Decarbonisation Hub found that e-fuel-powered shipping services are projected to be available for ZEMBA’s next tender. Specifically, the report – which summarizes

WCO participates at the XLIV Annual Customs Director’s Meeting from Latin America, Spain and Portugal

October 4, 2024 Customs, Global Trade, Trade, Trending News
BRUSSELS : At the invitation of Mexico’s Head of the National Customs Agency, Mr Andre Foullon Van Lissum in his role as permanent secretary of COMALEP (The Multilateral Agreement for Cooperation and Mutual Assistance

PM Modi welcomes Jamaican PM Holness for progressing bilateral relations

October 3, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : Hailing India-Jamaica ties, Prime Minister Shri Narendra Modi said on Tuesday that the relations between the two nations is based on a shared history, and added that Prime Minister Andrew Holness has

Piyush Goyal discusses investment avenues with existing and potential US investors

October 3, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW YORK : The Union Minister of Commerce and Industry, Shri Piyush Goyal, commenced his four-day visit to the United States on September 30, 2024. Minister Goyal began the tour with discussions with existing

India’s current account deficit widens to 1.1% of GDP at $9.7 bn in Q1FY25 : RBI

October 3, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The Reserve Bank of India (RBI) released a report titled “India’s Balance of Payments Developments during Q1FY25” on September 30, 2024, detailing India’s current account deficit (CAD) for the first quarter

Thousands of dockworkers shut down US east coast ports in major strike

October 3, 2024 International Shipping, Foreign Ports, Global Trade, Maritime, Trending News
NEW JERSEY : Tens of thousands of dockworkers have gone on strike across the US East Coast, shutting down key ocean shipping routes – and raising concerns about shortages and inflation – in the

Smartphones become India’s largest product export to the US, overtaking diamonds

October 3, 2024 EXPORT, Business, Global Trade, Trending News
NEW DELHI : Smartphones, primarily driven by Apple Inc’s iPhones, have emerged as India’s largest product export to the United States, surpassing non-industrial diamonds in value over the past three quarters. Smartphone exports reached

Cybersecurity threats for Ports – An Unsettling Picture

October 3, 2024 International Shipping, Foreign Ports, Global Trade, Infrastructure, Maritime, Shipping Line, Technology, Trending News
HAMBURG : Christina Prieser, Associate Partner at HPC moderated the forum which delivered an unsettling message that potential disruption through malicious cyber attacks on ports’ IT infrastructures will only increase in the future. Among
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