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GLOBAL CONTAINER SHIPPING
How this third-generation Noida SME is building a global edge in home improvement exportsAs supply chain disruptions, triggered by geopolitical tensions, impact exporters, especially MSMEs in the country, home improvement produc...
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the tableIndirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...
US and Iran enter technical talks to secure peace deal, restart shippingTechnical discussions between the U.S. and Iran are underway in Doha, aiming to secure the Strait of Hormuz shipping lanes and a lasting ce...
Adani Ports says MSC’s terminal arm TiL will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has partnered with MSC Group's TiL, which will invest $1.397 billion for a 49% stake in Vizhinjam Port. This significant foreig...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billionAdani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 bill...
Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...
Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
Cracker of a battle: Vijay wants Sivakasi to take on China and become a global fireworks powerhouse. Here's what it'll takeTamil Nadu's government aims to transform Sivakasi, India's firecracker hub, into a global competitor against China. The focus is now on in...
West Asia conflict may delay India's chip projectsIndia's ambitious semiconductor projects, including Tata Electronics' Dholera fab, face potential delays due to the West Asia conflict. Log...
This floating city is so massive it could carry an entire town across the ocean, and it has schools, parks and hospitalFreedom Ship, the proposed 80,000-resident floating city, is pushing the boundaries of ocean living. This massive vessel could combine home...
Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
'From ships to chips': EAM Jaishankar says India, South Korea have complementarities in many fieldsIndia's External Affairs Minister S. Jaishankar, at the Jeju Forum, called for stronger cooperation between India and South Korea, referenc...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
China angered, Taiwan cheered by Western allies' alarm over Chinese Coast Guard activitiesInternational concern is mounting over China's assertive maritime actions near Taiwan. The US, Britain, France, and Germany have voiced ala...
EAM Jaishankar calls for closer cooperation with South Korea at Jeju ForumIndia and South Korea must deepen cooperation in shipbuilding, health, infrastructure, and defence, External Affairs Minister S Jaishankar ...
A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...