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FedEx and IIT Madras successfully conduct India’s first Intra-City Drone delivery trials in Bengaluru

BENGALURU : Federal Express Corporation (FedEx) and the Indian Institute of Technology Madras (IIT Madras) have successfully completed India’s first intra-city drone delivery flight...

Iran War derails India’s IMEEC & INSTC trade routes: Hormuz closure pauses Delhi’s connectivity ambitions

TEHRAN : If anything, the ongoing conflicts in the Middle East have reaffirmed the intensified weaponization of the trade routes. The Strait of Hormuz...

Gulf Trade Exposure Index: Nations at greatest risk from Hormuz Strait closure

The war with Iran has laid bare one of the global economy's most exposed fault lines. For nearly two months, traffic through the Strait...

Kuwait declares force majeure on oil shipments amid Hormuz blockade : Bloomberg

RIYADH : Kuwait has declared force majeure on ​shipments of crude oil ‌and refined products after a blockade of the ​Strait of Hormuz ​prevented...

China’s Blueprint for a new trade era

LONDON: As the dust settles on the last month’s National People’s Congress, the global shipping community is beginning to digest a document that could...

Sarbananda Sonowal hails PM Modi for ‘Bharat Maritime Insurance Pool’ to bolster India’s shipping Industry against Global Volatility

NEW DELHI : In a major policy intervention by the Narendra Modi Government, the Union Cabinet has approved the creation of a domestic maritime...

Good news for shipping sector: Cabinet clears Rs 12,980 crore maritime insurance pool amid Hormuz tensions

NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid...

Kandla Port facilitates landmark export of Cryogenic LNG Tanks to The Bahamas

GANDHIDHAM : India: Reinforcing its position as a key gateway for project and heavy-lift cargo, Kandla Port has successfully handled and dispatched a major...

India invited to join UK–France maritime initiative for Strait of Hormuz security

NEW DELHI : India has officially confirmed that it has been invited to take part in a maritime initiative led by the United Kingdom...

Shashi Tharoor spots silver lining as Hormuz tensions boost Kerala’s Vizhinjam Port traffic

THIRUVANANTHAPURAM : Amid rising tensions in the Strait of Hormuz disrupting global shipping routes, Congress MP Shashi Tharoor has highlighted an unexpected opportunity for...
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