KANPUR : Jawaharlal Nehru Port Authority and the Uttar Pradesh State Industrial Development Authority(UPSIDA) have signed an agreement to position the proposed Lalitpur Pharma Park as a global export hub. The memorandum of understanding (MoU) was
LIMASSOL: Mark O’Neil, CEO of Columbia Group, has questioned whether the shipping industry is heading for a wider crewing shortage as conflict in the Middle East, fuel disruption in the Philippines and rising repatriation
NEW DELHI : INS Trikand, frontline guided missile frigate of the Indian Navy, arrived at Dar-es-Salaam, Tanzania on 03 Apr 2026, as part of its ongoing deployment in the South West Indian Ocean Region.
BEIJING: A ceasefire, as well as peace and stability, in the Gulf region are the fundamental prerequisites for keeping the international shipping route safe and unimpeded, Mao Ning, spokeswoman for China’s Foreign Ministry has
With the Strait of Hormuz already under strain, Iran has signalled it could widen the pressure by turning its focus to another critical global shipping route – the Bab el-Mandeb Strait, raising fresh concerns
GENEVA: The ongoing war in the Middle East is rapidly emerging as an unprecedented shock to the global economy, sending tremors through energy markets, supply chains and financial systems already strained by years of
OSLO: Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on every major East-West trade lane have risen sharply, showing this is a conflict
NEW DELHI : In a significant step towards strengthening India’s maritime capabilities, the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, has signed a Plan of Implementation with the Korea International Cooperation
GANDHIDHAM : In a significant step towards strengthening port-led development in the country, the Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, has approved the construction of a Road Over Bridge (ROB)
NEW DELHI : Amid the ongoing conflicts in West Asia, the continuation of schemes like RoSCTL (Rebate of State and Central Taxes and Levies) and RoDTEP (Remission of Duties and Taxes on Exported Products)