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CAPE OF GOOD HOPE
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- AI jobs growing almost by 15-20%: Ashwini VaishnawAs the demand for technology rises, India's IT industry is enjoying a remarkable boom in AI job openings, with projections showing a growth...
- Happy Mother’s Day 2026: 100+ heartfelt wishes, quotes, messages and images to make mom feel truly specialHappy Mother’s Day 2026: In recent years, conversations around burnout, caregiving, mental health and work-life balance have reshaped how p...
- Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
- Iran war: Indian seafood exporters stare at Rs 1,500 crore lossSustained disruption could destabilise the coastal economy and weaken India’s export competitiveness, say experts and stakeholders
- Houthi attacks turn back the clock for shipping as costs pile upTo get from Asia to Europe and back, global shipping companies have for decades sailed through the Red Sea and the Suez Canal. But a year a...
- Maersk sees improved prospects for global container tradeThe world’s supply lines are suffering from a number of disruptions, with the biggest coming from Houthi militant attacks in the Red Sea, w...
- Take maritime shipping off the inflation warning listThese latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are be...
- Reliance's fuel supply to Europe avoids Red Sea: SourcesReliance, in its chartering contracts, is offering tanker owners a flexibility to go via the Red Sea, a shipping route vital to east-west t...
- Russia diverts LNG supplies for Asia around Africa to avoid Red Sea, LSEG data showsRussia diverted LNG cargoes to China via Cape of Good Hope to avoid Houthi attacks in the Red Sea. The Suez canal route is risky, so they a...
- Red Sea Crisis: No disruption in oil flows to India, only freight up, says HPCL headThe attacks on shipping vessels in the Red Sea by Houthi militants have not affected India's crude oil supply, according to Hindustan Petro...
- Shipping costs soar in wake of Red Sea attacksMarine war risk premiums have soared around fiftyfold since before the war, to as high as 1% of the value of the ship, although about 0.7% ...
- Suez Canal traffic drops to lowest since 2021 blockageThe data also show a corresponding rise in the number of ships passing by the Cape of Good Hope near the southern tip of Africa.
- Shipper Hapag-Lloyd says Red Sea route still too dangerousThe incidents have struck everything from oil tankers to container vessels, pushing shipowners to avoid the route.
- Red Sea attacks force rerouting of vessels, disrupting supply chainsSeveral major freight firms -- including MSC -- have begun to sail around Africa instead, adding costs and delays which are expected to be ...
- Giant ship floats again after blocking Suez Canal for 6 daysEngineers have partially refloated the container ship that is wedged across the Suez Canal.
- Shipping lines rerouting vessels as Suez remains blocked“There will be port charges for the cargo which is offloaded at these ports,” said Ramkumar Govindarajan, chief executive officer of Wiz Fr...
- Freight rates flash warning signsGlobal shipping rates are heaving and tossing. In May, it cost $25 to send one tonne iron ore from Andhra Pradesh to China. Today, it costs...
- Piracy pushes ship owners to opt for Cape of Good HopeRising piracy in the Gulf of Aden has prompted some shipowners to change their routes to round the Cape of Good Hope instead, a detour cons...
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