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ISRAEL CARGO LOGISTICS
Force majeure enabled for 'war'-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers re...
From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 daysExporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.
India’s crude oil supply fully secured, no payment hurdle for Iranian imports: Petroleum MinistryIndia's crude oil supplies are fully secured for upcoming months, with the Ministry of Petroleum and Natural Gas dismissing reports of disr...
US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
UAE retailers tap alternative ways to fill food aisleDubai retailers are finding new ways to bring goods to the UAE. A truck is traveling from London to Dubai carrying snacks. This land route ...
Govt launches ₹497-crore RELIEF scheme as West Asia crisis disrupts exportsThe Indian government has launched the RELIEF scheme with Rs 497 crore to aid exporters impacted by West Asia conflict disruptions. This in...
CONCOR introduces temporary relief amid shipping disruptionsContainer Corporation of India (CONCOR) has introduced relief measures for exporters facing logistics disruptions and cargo pile-ups. These...
DP World offers alternative land routes to Jebel Ali PortCustomers can discharge at Khorfakkan Port or Fujairah Port
Government reviews trade risks from West Asia tensions, vows steps to keep cargo flowingIndia's government met with trade and logistics experts to address the impact of escalating West Asian tensions on exports and imports. Dis...
Indian apparel exporters seek waiver of airport demurrage fees due to Iran-Israel conflict-induced flight disruptionsApparel exporters have urged the government to waive airport demurrage charges on export cargo due to flight disruptions caused by the West...
Why Adani’s $1.2 billion stake in Haifa Port is more than just businessFollowing an Iranian missile strike that damaged the Bazan oil refinery and heightened regional tensions, Adani Group's Haifa Port investme...
Red Sea attacks force firms to test new land routes via UAE, SaudiAn Israeli software startup, Trucknet Enterprise Ltd., is opening commercial trade routes through the Middle East, bypassing the Houthi-men...
Backlog at Israeli ports grows as country steps up shipping suppliesThe backlog of ships at Israeli ports is increasing due to the ongoing conflict with Hamas in the Gaza Strip. Ashkelon port has been closed...
Adani Ports Q1 Preview: Consol PAT may fall 6% YoY; FY24 guidance in focusConsolidated net profit is likely to fall 5.5% year-on-year (YoY) to Rs 1,929 crore, according to the average of estimates given by four br...
This is what happens when globalization breaks downThe largest multinational retailers like Amazon and Walmart have responded to the convulsions in the supply chain by chartering their own c...
Israeli tourism, media representatives to visit UAEThe representatives will depart Tel Aviv for Abu Dhabi on Oct. 19 and return from Abu Dhabi on Oct. 21, Etihad said on Monday.
- Israel's Bedek in talks with HAL for Bangalore facility
Bedek Aviation Group, part of the Israel Aerospace Industries (IAI), is in talks with Hindustan Aeronautics (HAL) to set up an aircraft con...