COLOMBO : Sri Lanka has moved to a four-day workweek as part of emergency measures to conserve fuel reserves amid a deepening global energy crisis triggered by tensions around the Strait of Hormuz. According
LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued on Monday at 10.00 am
TEHRAN: Iran’s Foreign Minister Abbas Araghchi has said that the strategically vital Strait of Hormuz remains operational for international shipping, but vessels linked to the United States and Israel are not permitted to pass
CHICAGO: The escalating war in the Middle East is beginning to disrupt global shipping networks, raising freight costs and delivery logistics uncertainty for U.S. companies that sell through B2B ecommerce channels. Airspace closures, security
NEW DELHI: Resilient supply chains and integrated infrastructure are critical as global trade faces repeated disruptions, Mr. Karan Adani, Managing Director (MD), Adani Ports and Special Economic Zone (APSEZ), has said and noted that
LONDON: Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern