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JNPA sign pact with UPSIDA to position Lalitpur Pharma Park as global export hub

KANPUR : Jawaharlal Nehru Port Authority and the Uttar Pradesh State Industrial Development Authority(UPSIDA) have signed an agreement to position the proposed Lalitpur Pharma Park as...

Gujarat Highway upgrades worth Rs 1,206 crore to improve ceramic logistics, port and pilgrimage connectivity

NEW DELHI : The Central government has approved two highway upgrade projects worth around Rs 1,206 crore in Gujarat, aimed at improving connectivity, road...

Columbia Group CEO questions whether shipping is heading for a wider crewing shortage

LIMASSOL: Mark O’Neil, CEO of Columbia Group, has questioned whether the shipping industry is heading for a wider crewing shortage as conflict in the...

IFFCO clocks record profit before tax of Rs 4,106 crores in FY 2025-26

NEW DELHI: Indian Farmers Fertiliser Cooperative Ltd. (IFFCO) Saturday said it clocked a record profit before tax of Rs 4,106 crores in the financial...

Somalia registers first ship under national flag in over 30 years

Somalia announces that it has officially registered the first vessel to sail under the Horn of Africa nation’s flag since the collapse of former...

INS Trikand calls at Dar-es-Salaam, Tanzania

NEW DELHI : INS Trikand, frontline guided missile frigate of the Indian Navy, arrived at Dar-es-Salaam, Tanzania on 03 Apr 2026, as part of...

Gulf ceasefire ‘fundamental’ to global shipping: China’s FM spokeswoman

BEIJING: A ceasefire, as well as peace and stability, in the Gulf region are the fundamental prerequisites for keeping the international shipping route safe...

Is Bab el‑Mandeb Strait Iran’s next global choke point after Hormuz?

With the Strait of Hormuz already under strain, Iran has signalled it could widen the pressure by turning its focus to another critical global...

How is war reshaping the global economy? 4 chief economists explain

GENEVA: The ongoing war in the Middle East is rapidly emerging as an unprecedented shock to the global economy, sending tremors through energy markets,...

Xeneta Weekly Ocean Container Shipping Market: Rates Up 30% Over the Past Month

OSLO: Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on every major East-West trade...
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