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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...
Red Sea diversions spew carbon emissions equal to 9 million carsInstead of passing through Egypt’s Suez Canal, hundreds of vessels since mid-December are sailing around South Africa’s Cape of Good Hope —...
Impact of Baltimore port closure on global supply chainsAuthorities have warned that extensive work is needed before the major port can reopen following Tuesday's catastrophic cargo ship collisio...
Rising dollar attracts engineering buyers to IndiaWith strong dollar making imports from India cost effective for global buyers, business orders worth over Rs 3,200 crore are set to be bagg...
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