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Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
Vietnamese cargo ship sinks near disputed reef; search on for 23 crew membersRescue teams are searching for twenty-three crew members after a Vietnamese cargo ship sank. Thirty-nine individuals were successfully resc...
Iran accuses Ukraine of deadly attack on ship in Caspian SeaIran accused Ukraine of attacking a merchant vessel in the Caspian Sea. One sailor died and another was injured in the Saturday morning inc...
Vizhinjam seaport gets final Customs clearance for EXIM operationsVizhinjam International Seaport secured Customs approval for EXIM operations. Final approval allows the port to commence cargo operations f...
Oil keeps flowing from Red Sea as Hormuz bypass stays openDespite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are goi...
Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
EU's new Russia sanctions: What's in the 21st packageThe European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networ...
India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
Trouble is brewing at Middle East's two key chokepointsShipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks...
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
JSW Infrastructure eyes 127 MT cargo in FY27 even as Fujairah terminal disruption continuesJSW Infrastructure anticipates handling 127 million tonnes of cargo this fiscal year. Operations at its Fujairah liquid terminal are gradua...
Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
Will carefully weigh funding requests from Air India: SIAThe Singapore Airlines board is set to deliberate on Air India's appeals for capital, with particular attention to investor concerns regard...
SIA of J&K police secures Interpol Red Corner Notice against Imtiyaz Ahmad Kandoo of Hizbul MujahideenJammu and Kashmir police secured an Interpol Red Corner Notice against a designated militant. This notice aids international agencies in lo...