June 13, 2026
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US and Iran closing in on one-page memo to end war as talks progress: Report

May 7, 2026 International Shipping, Finance, Global Trade, Maritime, Trending News
WASHINGTON.D.C : The United States and Iran are reportedly nearing a preliminary agreement aimed at ending the ongoing conflict and restarting diplomatic engagement. According to Axios, the White House believes negotiations with Iran are

Iran says it is reviewing new US proposal after sources say sides closing in on deal

May 7, 2026 International Shipping, Global Trade, Maritime, Trending News
ISLAMABAD/WASHINGTON/TEL AVIV : Iran said on Wednesday it was reviewing a new ​U.S. proposal, after sources said Washington and Tehran were closing in on a one-page memorandum to end the war in the Gulf

China is cutting a 134-kilometer canal so ships can enter deep into river routes, and the project shows how seriously Beijing is redrawing natural borders for trade

May 7, 2026 International Shipping, Global Trade, Maritime, Trending News
BEIJING : China is pushing ahead with the Pinglu Canal, a massive 83-mile (134-kilometer) waterway designed to let ships move from inland rivers to international sea routes. The project is meant to speed up

China steps up Iran diplomacy ahead of Trump-Xi summit, calls for Hormuz reopening during talks with Araghchi

May 7, 2026 International Shipping, Global Trade, Trade, Trending News
BEIJING : China has stepped up its diplomatic engagement with Iran amid mounting global concerns over the Strait of Hormuz blockade, with Beijing calling for an immediate end to hostilities and the restoration of

Maritime leaders convene in Athens as MACN marks 15 years of collective action

May 7, 2026 International Shipping, Global Trade, Maritime, Maritime Law, Trending News
ATHENS: The Maritime Anti-Corruption Network (MACN) brought together close to 200 senior leaders from across the global maritime sector in Athens last week for its Spring Members Meeting, underscoring the continued importance of industry

Cabinet approves three multitracking projects covering 19 Districts increasing the existing network of Indian Railways by about 901 Kms

May 6, 2026 Railway, Business, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved 03 (Three) projects of Ministry of Railways with total cost of Rs. 23,437 crore (approx.).

Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore

May 6, 2026 Trade, Business, Global Trade, Technology, Trending News
NEW DELHI : The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved two more semiconductor projects under India Semiconductor Mission (ISM) which includes country’s first commercial Mini/Micro-LED display facility based on

Ceasefire with Iran is not over : U.S. Defense Secretary

May 6, 2026 International Shipping, Defence, Global Trade, Maritime, Ocean Attack, Trending News
WASHINGTON : U.S. Defense Secretary Pete Hegseth said on Tuesday that the ceasefire with ‌Iran was not over, even as the U.S. and Iran exchanged fire in the Gulf as they wrestled for control

Amazon opens up logistics network to other businesses in challenge to UPS, FedEx

May 6, 2026 Logistics, COMMERCE, Company, Economy, Global Trade, Supply Chain, Trade, Trending News
BENGALURU : Amazon said on Monday it would allow other businesses to store and ‌ship goods ranging from raw materials to final products through its vast network, as the E-commerce giant moves to challenge

HMM Namu, a cargo ship hit by explosion off UAE

May 6, 2026 International Shipping, Global Trade, Maritime, Ocean Attack, Ship Explosion, Trending News
UMM AL QUWAIN : A Panama-flagged Korean general cargo ship HMM Namu hit by an explosion while at anchor. The 2026-built, 38,000 dwt HMM Namu was struck by an object while at anchor in
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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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