Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
19 Jun, 2026, 10.36 AM IST
Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
27 May, 2026, 11.34 AM IST
Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
17 May, 2026, 07.14 PM IST
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
15 May, 2026, 07.50 PM IST
Planing 500 delegations, outreach to 1,600 industry chambers to boost FTA utilisation: Piyush GoyalIndia is launching ambitious plans to boost its use of free trade agreements. The commerce ministry will send 500 delegations abroad and tr...
12 May, 2026, 09.01 PM IST
Old coal mines are hiding a clean energy secret, and this one town just figured it outThe former coal-mining town of Cumberland is becoming a powerful example of how abandoned fossil-fuel infrastructure can be repurposed for ...
11 May, 2026, 07.14 PM IST
Maritime industry explores nuclear power for ships as technology opens upThe shipping industry contributes about 3% of the global carbon dioxide emissions and the entire industry is facing immense pressure from s...
20 Sep, 2023, 10.17 AM IST
World faces shortage of merchant sailors to crew ships: StudyThe study released by BIMCO and ICS estimated that 1.89 million seafarers were operating over 74,000 vessels in the global merchant fleet.
29 Jul, 2021, 09.50 AM IST
Global trade and shipping chaos faces a new problem. Slow vaccines for seafarersAll signs now point to a worsening crisis on the oceans, just as the industry seemed to be emerging from months of port restrictions that h...
14 Jul, 2021, 10.04 AM IST
Unsung heroes of global trade: Merchant ship crews still stuck at sea amid pandemicThe International Chamber of Shipping estimates that 200,000 are affected by travel restrictions, either stuck at sea or unable to leave ho...
26 Jun, 2021, 10.35 AM IST
For Indian sailors, its few ports in a COVID storm as countries restrict entryIndian nationals are among the largest community of seafarers globally. About 240,000 of an estimated 1.6 million are from India, the Finan...
10 May, 2021, 08.09 AM IST
Between Covid and the deep blue sea: Indian seafarers fear another stormThe 21-year-old cadet spent nine straight months at sea last year despite his contract being of six months with the provision of a one-mont...
10 May, 2021, 07.16 AM IST
Seafarer crisis shows signs of worsening amid India virus surgeThe situation has raised concerns over safety, as overworked crews increase the risk of serious maritime accidents.
08 May, 2021, 10.59 AM IST
The shipping industry wants to be taxed for its carbon emissionsSeveral trade groups, representing more than 90% of the world’s merchant fleet, have submitted a proposal to shipping’s United Nations regu...
21 Apr, 2021, 09.13 AM IST
- International Chamber of Shipping welcomes stoppage of EC probe on P&I clubs
ICS has welcomed the decision by the EC competition directorate to close its investigation into the activities of the International Group o...
06 Aug, 2012, 12.21 PM IST
- Shipping community pleased with India's anti-piracy efforts
Shippers are "impressed" with the Indian military's confrontation of the piracy off the coast of Somalia and have expressed the appreciatio...
15 Mar, 2012, 02.21 PM IST
- ICS urges NZ to retain anti trust immunity for liner trades
The International Chamber of Shipping has urged the New Zealand Government to consider the benefit of current practices in other parts of t...
31 Aug, 2011, 09.36 PM IST