January 23, 2024
March 15, 2026
January 23, 2024
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. Around 80% of India’s goods trade
January 23, 2024
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 and 40 TEU containers, beginning 1
January 23, 2024
Maersk diverting container service away from the Red Sea
COPENHAGEN : Danish Shipping Group Maersk is diverting its ME2 Container Service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope, the company says in
January 23, 2024
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 crew members. As a result, the
January 23, 2024
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 other textile associations representing major users
January 23, 2024
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 attacks on commercial ships in the Red
January 23, 2024
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 Hai, which operates solo Transpacific routes,
January 23, 2024
“Mawani” confirms its International Leadership with the “Best Contributor to Economic Infrastructure Development” Award”
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 award acknowledges Mawani’s efforts in continuously
January 23, 2024