Two ships of Russia’s sanctioned shadow fleet caught fire in the Black Sea off Türkiye
LONDON: Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of
Russia bans fuel exports; How does it affect India?
MOSCOW : In a major development, Russia has announced a partial ban on diesel exports and an extension of an existing ban on gasoline exports to all countries until the end of this year.The
Trump presidency seen as bullish for tanker rates in US, Middle East; Russia wild card
WASHINGTON D. C. : A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over Russia-related trades, some analysts recently said
Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could
Ukraine requests monitoring mission at Odesa Ports amid Russian strikes
ODESA : Minister of Foreign Affairs Andrii Sybiha held negotiations with his colleagues from the Nordic-Baltic Eight countries, Foreign Ministers Maria Malmer Stenergard (Sweden), Lars Løkke Rasmussen (Denmark), Margus Tsahkna (Estonia), Baiba Braže (Latvia),
Ukraine seizes cargo ship, detains captain for exporting ‘looted’ grain
KYIV : Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the captain on suspicion of helping Moscow export Ukrainian grain from Russian-occupied Crimea, the Security Service
Impact to global trade of disruption of shipping routes in the Red Sea, Black Sea and Panama Canal &…
GENEVA : This UNCTAD rapid assessment looks into the situation of interntional shipping amid disruptions that have the potential to reshape global maritime networks and reconfigure the world trading map. Two months into 2024,
India has been able to increase exports of goods and services from USD 500 billion in 2021 to USD 77…
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Friday said there will be growth in the country’s exports despite global uncertainties. He, however, indicated that the growth may slow down. India