TagsMiddle East Crisis

Tag: Middle East Crisis

FIATA: Middle East Security Alert – Legal & Insurance Guidance for Freight Forwarders

GENEVA: The ongoing escalation of geopolitical tensions in the Middle East is having a direct and growing impact on international freight operations. Disruptions to...

Strait of Hormuz update – VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow: Drewry

LONDON: Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers...

INTERCARGO urges Vigilance and Reaffirms Priority on Seafarer Safety as Security Risks Escalate in Middle East Gulf and Strait of Hormuz

The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over the rapidly evolving security situation in the Gulf waters and the...

India’s crude supply remains secure, gas companies have procured LNG cargoes from new sources: Senior government official

NEW DELHI: India's crude supply remains secure through diversified procurement amid the West Asia crisis that has affected global energy routes, Ms. Sujata Sharma,...

Allana Group committed to help India export food to West Asia amid uncertainties

MUMBAI: Amid rising geopolitical tensions sparked by the West Asia war and shipping routes facing widespread disruption, India’s top food exporters are emerging as...

JNPA Grants Relief Measures by the Waiver of Storage, Dwell Time and Reefer Plug-in Charges for the Middle East–Bound Export Containers

MUMBAI: Jawaharlal Nehru Port Authority (JNPA), India’s largest container port, on Tuesday, has issued a trade notice for immediate compliance by all concerned, to...

JNPA strengthens Trade Support through Coordinated Stakeholder Efforts amid Middle East Disruptions

MUMBAI: Ministry of Ports, Shipping and Waterways (MoPSW) has issued the SOP for all the Major Ports to mitigate the impact of geopolitical disturbance...

Rupee hits all-time low of 92.52 against US dollar amid surge in crude oil prices

NEW DELHI: The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices...

Iran conflict raises new credit risks for emerging markets, including India: Fitch

NEW DELHI: The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies,...

Iran war impacts India’s $11.8-billion food exports to West Asia

NEW DELHI: Prolonged disruption in West Asia will badly hit Indian farmers, food processors and exporters across several states including Karnataka, Telangana, Andhra Pradesh,...

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