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CARGO DIVERSION
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...
Why Kuehne+Nagel is betting big on India’s supply chain ambitionsThe global logistics major says it will double its warehousing capacity in India by 2030, as it sees the country emerging as one of the wor...
Next bullet train at 350 kmph: Railway Minister Ashwini VaishnawIndia's next bullet train will reach speeds of 350 kmph. Design work starts in six months. Indian Railways will also boost domestic cargo m...
Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
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...
China is digging a 134 km canal through mountains so cargo ships can bypass longer sea routes, and the project reveals how Beijing is reshaping trade geographyChina is building a 134-kilometre-long Pinglu Canal in Guangxi province that will directly connect inland waterways to the Beibu Gulf. The ...
Is Noida airport really a threat for GMR-owned Delhi airport? JM Financial analysts decode impactNoida International Airport's opening will not severely affect Delhi airport's business. Experts predict only a small passenger shift, main...
Wipro Hydraulics to acquire majority stake in Italy's Indeco Ind SpaWipro Hydraulics is acquiring Italy's Indeco Ind Spa. This deal will expand Wipro's offerings into hydraulic attachments. Indeco manufactur...
Trump deploys 10,000 troops, over 12 warships & more for Hormuz blockade; no ships cross in first 24 hours, says US Central CommandAmerica has initiated a naval blockade around Iranian ports. Over ten thousand American personnel, warships, and aircraft are part of this ...
EXPLAINED: What does a US naval blockade of Iran mean for oil flows?The US military will block ships entering or leaving Iran's ports. This action will stop about two million barrels of Iranian oil daily fro...
Why will US Navy blockade 'already choked' Strait of Hormuz? Trump blockade order after failed US Iran news talksWhy will US Navy blockade 'already choked' Strait of Hormuz? The question rose after President Donald Trump announced a naval blockade and ...
Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptionsGlobal energy firm Shell plc has significantly increased natural gas supplies to India. This comes as disruptions from the West Asia confli...
DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...
DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
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...
- Cargo diversion feared as longshore talks collapse
Talks have collapsed between the US east coast ILA and USMX, sparking fears of a mass cargo diversion to west coast ports.