March 16, 2026
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Another Container Ship ‘MV Interasia Tenacity’ catches fire, Blaze under control, Vessel continues voyage

June 14, 2025 Trending News, Container, Export - Import, Maritime, Ports, Ship Explosion, Shipping Line, Trade
MUMBAI : A fire broke out aboard the Singapore-flagged container ship MV Interasia Tenacity near Mumbai’s coast on Thursday morning while it was en route to Nhava Sheva port. The fire, reported around 8:40

ADB approves USD 109.97 Million loan to Gujarat for skill development programmes

June 14, 2025 Logistics, Education, Trade, Trending News
NEW DELHI : The Asian Development Bank (ADB) on Friday approved a loan of USD 109.97 million in order to support the Government of Gujarat’s vision of becoming a global industrial hub through a

CoPA & OIL sign MoU for offshore oil exploration support base at Kochi

June 14, 2025 Maritime, Company, Ports, Shipping, Trade, Trending News
KOCHI : The Cochin Port Authority (CoPA) and Oil India Limited (OIL) signed a memorandum of understanding (MoU) for supporting offshore oil exploration of OIL in the Kerala-Konkan Basin. The MoU was signed in

Blue Dart and DHL eCommerce releases E-Commerce Trends Report 2025: AI and Social Media reshaping online shopping in India

June 14, 2025 Logistics, COMMERCE, Economy, Global Trade, Trending News
• Delivery remains the No. 1 conversion killer: 80% of Indian shoppers abandon their carts when preferred delivery options are missing• A shift in sustainability: 59% of Indian shoppers drop out due to sustainability

US steel tariffs on home appliances alarm Samsung and LG

June 14, 2025 Export - Import, Business, COMMERCE, Global Trade, Trade, Trending News
SEOUL : The Trump administration’s expansion of steel tariffs to include household appliances with steel components has raised significant concerns for South Korean electronics giants Samsung Electronics and LG Electronics, according to reports by

Maritime war risk premium could rise if Israel-Iran conflict escalates

June 14, 2025 International Shipping, Foreign Ports, Global Trade, Maritime, Shipping, Trending News
LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants said June 13. “It all depends on how sustained the

Israel-Iran conflict: safety and stability of ocean supply chains under threat

June 14, 2025 Export - Import, Foreign Ports, Global Trade, International Shipping, Maritime, Maritime Security, Shipping Line, Supply Chain, Trending News
OSLO : “Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a

Baltic Index logs weekly gain on rising rates across vessel segments

June 14, 2025 International Shipping, Dry Bulk Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, rose on Friday to log a weekly gain on rising rates across vessel segments. * The

Piyush Goyal advances India–Sweden collaboration through comprehensive government and industry dialogues

June 13, 2025 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
STOCKHOLM : Union Minister of Commerce and Industry, Shri Piyush Goyal held a series of substantive engagements with senior members of the Swedish Government and industry leaders on day one of his two-day official

Indian logistics costs reduced by 6 pc : Nitin Gadkari

June 13, 2025 Logistics, Economy, Finance, Infrastructure, Transport, Trending News
NEW DELHI : Union Minister for Road Transport and Highways Shri Nitin Gadkari stated that India’s logistics costs have decreased by 6 per cent from 16 per cent, attributing the reduction to significant improvements
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