India unlikely to meet FY24 Seafood export target of $9.25 billion
NEW DELHI : India is unlikely to meet its seafood export target worth $9.25 billion for FY24. Though there has been a slight improvement in exports in the
Maersk diverting ships away from Red Sea amid safety concerns
COPENHAGEN : Two container vessels operated by AP Moller-Maersk have been diverted from their scheduled routes, the company has said. The deteriorating security situation in the Middle East Gulf and
Cargo ships facing Attacks opt to change course
LONDON : Cargo vessels are being warned to be extra vigilant sailing near Yemen and Somalia after a spate of attacks on merchant shipping in the vicinity of Israel’s war
DP World confirms data stolen in cyberattack, no ransomware used
SYDNEY : International logistics giant DP World has confirmed that data was stolen during a cyber attack that disrupted its operations in Australia earlier this month. However, the
IAG Cargo open for partnerships with Indian carriers & logistics players
NEW DELHI : Bullish on the growth prospects in India, IAG Cargo is open for partnerships with Indian carriers and logistics players as and when an opportunity comes
BRICS : UAE to ditch US Dollar in new oil deals
ABU DHABI : The BRICS economic alliance has seemingly prioritized its de-dollarization efforts, leading the United Arab Emirates (UAE) to seemingly prioritize local currency over the US dollar in new
Despina Panayiotou Theodosiou receives IMO’s Gender Equality Award
LONDON : Ms. Despina Panayiotou Theodosiou former President of the Women’s International Shipping and Trading Association (WISTA International), has been selected as the recipient of the first-ever IMO
IMO opens 33rd Session of the IMO Assembly
LONDON : IMO Secretary-General Kitack Lim has opened the 33rd Session of the IMO Assembly (A 33), which is meeting at IMO Headquarters in London from 27 November
NorthStandard to provide first ever Strike & Delay cover for adverse weather
LONDON : NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, providing shipowners and charterers with the first ever marine insurance protection to
Vinay Kwatra meets Iranian foreign minister in Tehran, discusses Chabahar Port project
TEHRAN : Foreign Secretary Shri Vinay Kwatra on Sunday discussed with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran about the ways to boost connectivity through strategic Chabahar Port and the current situation