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GLOBAL SHIPPING TRADE
All three Indians safe after commercial vessel attacked in Black Sea; 2 foreign nationals killedA commercial vessel named MV ROYAD MAMMADOV was attacked in the Black Sea, resulting in casualties. Three Indian nationals were among the c...- The US said China was priming a trade superweapon. Then it vanishedLOGINK, originally a project to improve cargo logistics, has seen its international efforts falter significantly. The platform lost key par...
- India navigating multipolar 'age of flux', says Jaishankar; talks on with Russia, Ukraine for safe Black Sea passageExternal Affairs Minister S Jaishankar affirmed the importance of the US as a primary strategic partner for India. He emphasized India's nu...
- $100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two pricesCrude oil’s physical market price could reach nearly $145 a barrel even if benchmark prices show $100, as soaring VLCC shipping costs widen...
- Opportunity alone doesn’t create trade. Connectivity doesBRICS 2026 has built momentum. The next chapter will depend on how effectively agreements are matched by the corridors, infrastructure, tec...
- SCI to help India achieve ambition of becoming top shipping nation: SonowalIndia's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniver...
- Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- Could a global food crisis take a big bite out of your plate? What the warnings mean for AmericansInternational leaders are warning of a possible global food crisis. Could American households feel the impact at the grocery store? Here is...
- Piyush Goyal says India does not have structural excess manufacturing capacityPiyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian produc...
- Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridorsVladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. H...
- Building global infrastructure: JEY GROUP’s vision for long-term growthAcknowledged for his pivotal role in global maritime investments, Dr. Dattatreya Nagireddy leads JEY GROUP’s mission in creating connected ...
- 4,500+ Indian seafarers in Persian Gulf under close watch amid rising maritime threats: MEAIndia is currently overseeing the well-being of more than 4,500 Indian seafarers operating in the Persian Gulf. Of this number, 163 seafare...
- Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
- Airbus stages maiden flight of new A350F freighterAirbus has initiated the maiden flight of its A350F freighter, aiming at breaking Boeing's market dominance. The A350F is set for a series ...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- India's first port-based e-Methanol production facility to produce and supply green fuel to shipsA new Rs 2,300 crore e-methanol plant will be established in Kandla to produce green fuel. This plant is a partnership between Deendayal Po...
- India's first port-based e-methanol production facility to produce and supply green fuel to shipsPhase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, ...
- India to set up first port-based e-methanol facility at Kandla for Rs 2,300 crIndia’s first port-based e-methanol plant will be built at Kandla with an investment of ₹2,300 crore. The 150-tonne-per-day facility, a joi...
- Paradip Port gets 'Mega Port' status, only one on East CoastParadip Port has been designated as a Mega Port under the Indian Ports Act, 2025. This recognition is a significant milestone for its devel...
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