NEW DELHI : India is actively monitoring its vessels and seafarers operating in the Gulf region, including three Indian-flagged ships in the Gulf of Oman, amid ongoing regional tensions and maritime security concerns, government
NEW DELHI : Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct knowledge of the matter said, a rare exception to the Iranian
NEW DELHI : Union Minister of Commerce and Industry Shri Piyush Goyal urged industry leaders to fully leverage the opportunities created under the India–EFTA Trade and Economic Partnership Agreement (TEPA), highlighting the $100 billion
NEW DELHI : The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, facilitated the first export consignment of 25 metric tonnes of Geographical
GANDHINAGAR : Western Railway announced it has achieved a significant milestone by crossing 100 Million Tonnes (MTs) of originating freight loading on 12th March, 2026 for the financial year 2025–26. With this achievement, Western
GENEVA: The ongoing escalation of geopolitical tensions in the Middle East is having a direct and growing impact on international freight operations. Disruptions to maritime traffic through the Strait of Hormuz, and disruptions to
LONDON: Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern
KEELUNG CITY: To accommodate ongoing business development and facilitate the renewal of its existing operating fleet, Yang Ming Marine Transport Corp. (Yang Ming) held its 411th Board Meeting on Thursday (12th March) and approved
SINGAPORE: Globalization remains at a historically high level at 25% in 2025 – despite escalating geopolitical tensions, rising U.S. tariffs, and uncertainty about future trade policies. Equally, the Asia Pacific region features prominently in
LONDON: Drewry’s World Container Index increased 8% to $2,123 per 40ft container this week. Drewry’s detailed assessment for Thursday, 12 March 2026 The Drewry World Container Index (WCI) increased 8% to $2,123 per 40ft