Indian exporters face rising costs after Houthi Red Sea attacks
NEW DELHI : The cost of Indian exports has more than doubled due to the Yemeni Houthi militia’s attacks on ships in the Red Sea, industry officials said.
Hapag Lloyd hikes dry cargo rates from Canada to India and Middle East
HAMBURG : Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo transported in 20TEU
CMA CGM adjusts NEMO service due to Red Sea crisis
MARSEILLE : Due to recent attacks on commercial vessels in the Red Sea Region, CMA CGM Group is introducing precautionary measures for the safety of its vessels and
CITI & Indian textile bodies urge Piyush Goyal for cotton stability
NEW DELHI : In a collective effort to address the challenges faced by the Indian Cotton Textiles and Clothing Industry, the Confederation of Indian Textile Industry (CITI) and
Red Sea ‘scary’ for ships’ crews, says captain
LONDON : “The situation is quite scary. It’s dangerous actually,” Captain Chirag tells the BBC from on board his ship. Along with his crew, he’s worried about the ongoing
Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss
SINGAPORE : Yang Ming Marine Transport’s Ex-Chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance. Wan
“Mawani” confirms its International Leadership with the “Best Contributor to Economic Infrastr
RIYADH : Saudi Ports Authority “Mawani” has been recognized with the “Best Contributor to Economic Infrastructure Development” award at the International Finance Financial Awards ceremony in Dubai. The
Pakistan Ship’s Agents Association refuse to accept KPT as regulator
KARACHI : The ship agents came out with a hard-hitting response to the Karachi Port Trust chairman’s announcement to go tough against the shipping companies allegedly looting the
Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the
NorthStandard adds office in South Korea to its Asian network
SEOUL : NorthStandard has announced plans to open a new office in South Korea, one year after establishing its combined Asia Pacific headquarters in Singapore. New base in