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India a winner in tariff war

NEW DELHI : India has emerged as a winner in the escalating global tariff war unleashed by the US, with lower duties than its competitors,...

Global markets sink as Trump stands firm on tariffs, trade tensions rise

WASHINGTON : Global markets plunged on Monday following last week's two-day meltdown on Wall Street, and President Donald Trump said he won't back down...

Developed nations indicate softening stance on non-trade issues

NEW DELHI : Developed countries are indicating that they are ready to proceed with negotiations for proposed free trade agreements (FTAs) without insisting much...

After Trump, EU seeks zero tariff from India on car imports, sources say

LONDON : The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Shri Narendra Modi's government...

India begin talks with China to resume direct flights

NEW DELHI : India and China have started the process to resume direct flight operations by agreeing to first “streamline procedures” for airline operations, multiple sources...

China has blocked the Panama Canal Terminals deal: BlackRock Chief says ports ‘will define the future’ 

NEW YORK : The Chairman of one of the largest global investment managers says ports are as critical to future infrastructure of the global...

ZIM announces New Long-Term Chartering Agreements for Ten 11,500 TEU LNG Dual-Fueled Vessels

HAIFA : ZIM Integrated Shipping Services Ltd.  announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container...

Regional Container Lines partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction

SINGAPORE : Regional Container Lines (RCL) partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction The partnership will enhance Regional Container Lines’...

Trump’s tariffs will reshape trade and international transport : Drewry

LONDON : Huge US tariffs on imports from China, Vietnam, Cambodia, Taiwan, the European Union and other countries will reshape trade and international transport....

BIMCO: Dry Bulk Market to Take a Hit from China’s 34% Tariffs on US Goods

LONDON : BIMCO expects to take a hit from China’s response to the US earlier slap of new tariffs. Chief Shipping Analyst, Niels Rasmussen, on...

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