Yemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...

Reliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...

Primary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will suppor...

Tewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises...

An Indian vessel, MSV Faize Noore Oliya, sank after a projectile strike near Yemeni waters. All fourteen seafarers aboard were safely rescu...

The UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export bu...

Navi Mumbai International Airport launched its international freighter operations on August 2. IndiGo CarGo operated the inaugural flight c...

India's pharmaceutical industry is expected to reach$80-90 billion by 2030, well below its earlier$130 billion target, as U.S. tariff uncer...

A prolonged conflict in West Asia is making it harder for companies to manage costs as volatility in commodity prices, freight rates and cu...

European drought weakens Dutch dikes, requiring constant monitoring by volunteers. Cargo ships face reduced loads on shallow Rhine and Danu...

Indian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...

A drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...

Saudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi atta...

State-run Aramco has been asking Asian customers to take oil deliveries from the Egyptian port, near the Suez Canal exit from the Red Sea, ...

Global air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import...

Renewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...