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Iran’s options against Foreign aggression include closing Strait of Hormuz, Lawmaker says

LONDON : Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday,...

2 Navi Mumbai shipping agents under DRI surveillance over lack of information in Wan Hai 503 cargo

KOCHI : The Directorate of Revenue Intelligence (DRI) has placed two shipping agents operating at the Nhava Sheva Port in Navi Mumbai under close...

Maritime Safety Committee tackles busy agenda

LONDON : IMO Secretary-General Arsenio Dominguez opened the 110th session of the Maritime Safety Committee this week, highlighting recent maritime casualties as a stark reminder...

GRSE lands Rs 5.9 Billion deal to build two coastal research vessels

KOLKATA : Garden Reach Shipbuilders & Engineers (GRSE) has secured a major contract to build two coastal research vessels (CRVs) for the Geological Survey...

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

HYDERABAD : Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety...

Gujarat’s Bullet Train Corridor about to complete soon

AHMEDABAD : The Mumbai-Ahmedabad Bullet Train Project has reached a significant milestone with the completion of 17 steel bridges in Gujarat, marking nearly 50%...

Taiwan’s May exports reached a record high level, boosted by new tech

TAIPEI CITY : Taiwan's export orders in May reached a record high for the month, boosted by continuously expanding global demand for artificial intelligence...

DHL commits to helping Indonesia expand its fast-growing sectors and aid its rise as a global trade hub

JAKARTA : DHL, the world's leading logistics company, through its Strategy 2030 – Accelerate Sustainable Growth, is focused on supporting Indonesia's ambitions as a...

Drewry: World Container Index down 7% Last Week

LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked...

Baltic Index logs worst Week in more than two months

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, fell on Friday to log its...

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