China shipowners group says US port fee proposal breaks WTO rules, US law
BEIJING : The China Shipowners’ Association (CSA) opposes a U.S. proposal to slap hefty port entry fees on ocean cargo carriers that own or have ordered vessels from
US vows to keep hitting Houthis until shipping attacks stop
SANAA : The United States will keep attacking Yemen’s Houthis until they end attacks on shipping, the U.S. Defense Secretary said on Sunday, as the Iran-aligned group signaled
Global trade hits record $33 trillion in 2024, driven by services and developing economies
GENEVA : Global trade hit a record $33 trillion in 2024, expanding 3.7% ($1.2 trillion), according to the latest Global Trade Update by UN Trade and Development (UNCTAD),
Our approach is ‘India First’ in trade talks with US : Piyush Goyal
NEW DELHI : Union Minister of Commerce Shri Piyush Goyal recently said that he “had a forward-looking discussion with US Trade Representative Jamieson Greer on a mutually beneficial
India – New Zealand announce launch of FTA negotiations
NEW DELHI : India and New Zealand share a longstanding partnership founded on shared democratic values, strong people-to-people ties, and economic complementarities. Both countries have continuously worked towards
MSC Group partners with Egypt to boost local transport and logistics sectors
GENEVA : Minister of Industry and Transport Kamel El-Wazir and shipping solutions provider MSC Group CEO Soren Toft signed a Memorandum of Understanding (MoU) to deepen cooperation in
Geopolitical tensions at Panama Canal still very high despite sale of ports
PANAMA CITY : Shipping could face a major disruption if Trump is not bluffing about taking back the Panama Canal. Hopes that the Hutchison sale would placate the
IMO Secretary-General Statement on the loss of Seafarers in the attack on a merchant ship in Odesa
LONDON : Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has issued a statement following an attack in Odesa on 11 March: “I am deeply saddened to hear of
US launches wave of air strikes on Yemen’s Houthis
LONDON : The US has launched a “decisive and powerful” wave of air strikes on Houthi rebels in Yemen, President Donald Trump has said, citing the group’s attacks
India & US discuss bilateral trade deal amid tariff tensions
WASHINGTON : Union Commerce Minister Shri Piyush Goyal on Friday, March 14, said he had a “forward-looking” discussion with US Trade Representative (USTR) Jamieson Greer on a mutually
