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
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
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
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
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
BRUSSELS : External Affairs Minister Dr. S.Jaishankar, who is on a week-long visit to Belgium and France, also met the President of the European Parliament, Roberta Metsola, in Brussels. S Jaishankar and European trade
KOCHI : Kerala’s coastline will remain on high alert as the Indian National Centre for Ocean Information Services (INCOIS) has warned of possible environmental hazards in the wake of the fire aboard the container
NEW DELHI : India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. Indian Oil
NEW DELHI : Despite a bumper wheat harvest, India has formally notified the World Trade Organization (WTO) that it will not lift restrictions on wheat exports, citing food security concerns for its own population
JALISCO : GEODIS, a leading global logistics provider, celebrated the grand opening of a brand-new office in Guadalajara, Jalisco to support its growing Mexico operations. This expansion responds to the growth of GEODIS’ freight