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US and Iran trade attacks for a second day, undermining shaky ceasefireUnited States and Iran exchanged air strikes for a second day. President Trump vowed more attacks if Iran does not agree to a peace deal. T...- US launches new strikes after Trump threatens to attack Iran 'very hard'The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless...
- Strait of Hormuz traffic drops by over 90%, fewer than 10 ships daily amid US-Iran tensionsUS-Iran war: Shipping traffic through the Strait of Hormuz has plummeted by over 90 percent. This critical global energy route is experienc...
- 'US never consulted NATO allies before striking against Iran': Former ambassador Sunjay SudhirFormer Indian Ambassador to the United Arab Emirates (UAE), Sunjay Sudhir, hinted at a rift within the North Atlantic Treaty Organisation (...
- Iran war knocks on boardrooms: Corporates stare at a new riskIran War: Multinational corporations are no longer mere bystanders in conflict zones; they are now explicit targets. Iran's threats against...
- Strait of Hormuz watch: Naval escorts will not guarantee safe passage, IMO chief saysThe head of the International Maritime Organization has stated that naval escorts will not fully guarantee the safety of ships passing thro...
- Strait of Hormuz must not be allowed to shut down: Indian-American maritime executiveAn Indian-American maritime executive has warned that rising tensions in West Asia after US-Israel strikes on Iran could disrupt shipping t...
- Working capital must move at the pace of global trade: Drip Capital's Pushkar MukewarDrip Capital has crossed $8 billion in global trade transactions. The fintech addresses a significant credit gap for Indian MSME exporters....
- Industry pushes for long-term maritime infra financing optionsThe growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with bank...
- India’s Rs 70,000 crore push for maritime dominance echoes on D-Street. Are shipbuilders next multibaggers?India's ambitious Rs 70,000 crore maritime push, including infrastructure status for large ships, aims to revolutionize shipbuilding. This ...
- PM Modi flags ₹6 lakh cr shipping bill outflow that equals defence spend, calls for Atmanirbhar pushPrime Minister Modi highlighted India's significant annual expenditure of ₹6 lakh crore to foreign companies for shipping, nearly equivalen...
- Large ships accorded infra status, to draw more financesThe government has granted infrastructure status to large ships, defined as commercial vessels meeting specific tonnage and ownership crite...
- Large ships may serve as collateral for loansIndia is poised to allow large ships as loan collateral, aiming to ease financing for its maritime industry. This move, coupled with the pr...
- 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...
- Diamond companies, banks in a tussle as rupee dipsBanks fix the overall export credit in rupees. However, with a depreciating currency eating into the quantum of loans sanctioned by local b...
- 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...
- Banks in a spot post China logjamBanks, which have issued letters of credit (LC) to finance Indian importers, have been told by leading courier companies that trade documen...
- The MSME economic package may turn out to be beneficial for some startupsApart from logistics, startups such as TradeIndia had also taken to provide a B2B marketplace for MSMEs, connecting buyers and suppliers an...
- Drop Iran tanker’s Capt Akhilesh Kumar from blacklist, India to tell USKumar became the collateral damage when the Treasury’s Office of Foreign Assets Control (OFAC) on Friday blacklisted the ship, which was tr...
- Goa's shipping industry urges Sharad Pawar to restart miningThe All Goa Barge (ship) Owners' Association members met Pawar in a hotel near here, with a request to make efforts to ensure that regulate...
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