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
AHMEDABAD : Prime Minister Shri Narendra Modi has expressed profound grief and shock over the tragic incident in Ahmedabad on Thursday. He stated that the tragedy has stunned and saddened the nation and described
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 : The Kerala High Court has ordered the arrest of Liberian-flagged vessel MV MSC Manasa F, along with among others, its paraphernalia, furniture, etc., at present anchored in the Vizhinjam Port, on an
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
KOCHI : The Director General of Shipping has issued a formal notice to MSC Ship Management for gross negligence in salvage operations of the sunken container vessel MV Elsa 3 off Kochi coast and