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U.S.-Iran ceasefire, Hormuz reopening to ease shipping disruptions : FIEO

NEW DELHI : The announcement of a ceasefire between the U.S. and Iran, along with the reopening of the Strait of Hormuz, will provide...

Ceasefire may bring relief to 14% of India’s exports, but recovery hinges on Gulf stability

NEW DELHI : Nearly 14 percent of India’s exports could benefit from the April 8 Iran-US ceasefire, as shipments to the Gulf Region begin...

Türkiye, Saudi Arabia launch transit route for goods amid Hormuz crisis

TURKEY : Türkiye has initiated a transit trade with Saudi Arabia to keep shipments moving to regional countries amid disruptions in the Strait of...

Hanseatic Global Terminals becomes full owner of Florida International Terminal, LLC

ROTTERDAM: Hanseatic Global Terminals and Grupo Empresas Navieras, through its affiliate Agunsa USA, Inc. (AGUNSA), have completed the capital structure adjustment of Florida International...

FIATA and AON World announce Strategic Partnership to advance the Global Freight Forwarding Community

GENEVA : FIATA is pleased to announce that it has a new Bronze Partner: AON World, a network dedicated to connecting and empowering professionals...

GEODIS in Switzerland strengthens its healthcare capabilities and expands its national footprint

SWITZERLAND: GEODIS in Switzerland has achieved a significant milestone in solidifying its healthcare logistics capabilities, obtaining three key certifications in less than six months:...

MoPSW launches 20 maritime reforms to boost trade efficiency and cut logistics costs

NEW DELHI : In a significant move to enhance the efficiency and global competitiveness of India’s maritime sector, the Ministry of Ports, Shipping and...

Iran, US agree to 2‑week ceasefire with temporary passage through Hormuz

TEHRAN/WASHINGTON : US-Iran-Israel War Live Updates: Iran’s Supreme National Security Council officially acknowledged that a two‑week ceasefire, reportedly negotiated through Pakistan, has been agreed....

Govt likely to launch $1.5-billion reinsurance fund for ships navigating war-hit West Asia

NEW DELHI : War risk insurance premiums for commercial shipping have surged up to 7.5 percent in recent weeks. The Centre may announce a...

SCILAL signs MoU with Synergy Marine to strengthen maritime training and capability development

MUMBAI : Shipping Corporation of India Land & Assets Ltd. (SCILAL) has signed a Memorandum of Understanding (MoU) with Synergy Marine Pte. Ltd. to...

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