WASHINGTON : Insurance Giant Chubb (CB.BN), opens new tab will be the lead partner on the U.S. International Development Finance Corporation‘s $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf,
MUMBAI/GANDHIDHAM: Exports of containers, rice shipments, LPG imports and bulk cargo such as sulphur and gypsum have been disrupted at India’s key west coast ports — Deendayal Port (formerly known as Kandla in Gujarat)
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global maritime trade to reroute around the Cape of Good Hope,
NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) is closely monitoring the evolving maritime security situation in the Persian Gulf and has strengthened precautionary measures to safeguard Indian-flagged vessels and Indian seafarers operating in
MUMBAI: In the wake of the US-Israel joint strikes on Iran and the subsequent retaliation leading to wider ramifications in the Persian Gulf, the Directorate General of Shipping (DG-Shipping) has formed a 24×7 Quick Reaction Team
MARSEILLE: Global shipping major CMA CGM has announced sweeping operational measures across the Middle East, including the immediate suspension of bookings to several regional ports and the implementation of emergency protocols for ongoing shipments. The move
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over the impact on the crucial oil artery of the Strait
NEW DELHI: Indian Rice Exporters Federation (IREF) has issued an advisory to its members inview of the deteriorating situation in the Islamic Republic of Iran and parts of the Gulf, andreports that movements through