Israel-Iran conflict : With $550 million at stake, India’s Chabahar Port gamble faces heat from escalation
NEW DELHI : India’s business and strategic interests in Iran center primarily on Chabahar Port, a critical asset operated through India Ports Global Limited (IPGL). This port provides India with a strategic overland route
Commercial ships advised to keep distance from Iran around Strait of Hormuz
OMAN : Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran’s waters around the Strait of Hormuz, with the risk of the conflict between Israel and
Iran accuses Israel of ‘endangering’ maritime safety, violating IMO treaties
NEW YORK : Israel has jeopardized maritime safety by attacking Iranian energy structures along the Persian Gulf coastline, a senior government official of Iran said on June 18, while accusing the Jewish state of
Iran and Israel trade accusations at UN shipping agency over sea lanes
LONDON : Iran and Israel accused each other of endangering commercial activity in sea lanes around the Gulf and the Red Sea at the UN’s shipping agency on Wednesday, as their military conflict escalated.
Smartphones, pharma drive India’s increasing share of bilateral trade with G7 nations
NEW DELHI : According to an analysis by Rubix Data Sciences, India’s merchandise trade with the G7 countries has recorded a healthy 13% compound annual growth rate (CAGR) since FY21, with a strong trade
Symposium explores autonomous technological solutions for maritime vessels
LONDON : The latest developments in autonomous shipping were explored at a symposium co-hosted by IMO and the Government of Norway entitled “Maritime Autonomous Surface Ships as a reality: the need for the IMO
Khaled bin Mohamed bin Zayed attends Abu Dhabi Maritime Academy’s inaugural commencement ceremony
ABU DHABI : His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, attended a graduation ceremony of the inaugural
HMM earns EcoVadis Platinum rating for second year
SEOUL : HMM announced that it has been awarded a Platinum rating by EcoVadis for the second consecutive year, placing the company among the top 1% of all evaluated companies worldwide for its sustainability