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Shipping banks remain exposed to latent systemic refinancing risks as a result of the energy transition and tightening shipping emission regulations, UCL study finds

LONDON: A new report from the UCL Energy Institute and Strider Carbon finds that while banks seem largely insulated from direct losses when climate...

PM Modi addresses the Lok Sabha on the ongoing conflict in West Asia

The situation in West Asia is concerning at this time: PM In the past two-three weeks, Mr. Jaishankar and Mr. Hardeep Puri have provided the...

DPA Kandla creates history with first-ever triple banking STS operation at a tidal port

GANDHIDHAM : In a landmark achievement for India’s maritime sector, Deendayal Port Authority (Kandla) has successfully executed a highly complex Triple Banking Ship-to-Ship (STS)...

Government restores RoDTEP rates and value caps to support exporters amid West Asia trade disruptions

NEW DELHI : Recent developments in West Asia have led to challenges in maritime logistics, including changes in routing and transit patterns. These have...

Diesel Supply Crisis Triggers 20% Transportation Rate Hike at Kandla-Mundra Ports

GANDHIDHAM: In a significant development impacting container logistics in western India, the Kandla Mundra Container Transport Welfare Association (KMCTWA) has announced a 20% increase...

Indian sugar mills rush export deals on record-low rupee, rising global prices

MUMBAI : Indian sugar mills have returned to the export market, locking in 100,000 metric tons of shipments in a week after a slump...

ISS Global Forwarding India achieves AEO Certification, enhancing secure and efficient trade operations

NEW DELHI : ISS Global Forwarding India has successfully achieved Authorized Economic Operator (AEO) certification, marking a significant milestone in its commitment to secure,...

DTDC and HRTC form landmark logistics alliance to unlock Himachal’s Remote Economy

MUMBAI : DTDC Express Ltd., India’s first homegrown multinational logistics company, announced a strategic partnership with Himachal Road Transport Corporation (HRTC) aimed at structurally...

Middle East Conflict: Straits of Hormuz Transits Remain 95% Down

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising...

Kuwait Customs reroute cargo via land routes; vital supplies flow continues amid disruptions

KUWAIT CITY : Kuwait’s General Administration of Customs has implemented emergency measures to safeguard supply chains and ensure the uninterrupted flow of essential goods,...

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