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MARITIME LOGISTICS GULF
Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...- DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global tradeDP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for fa...
- Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...
- Aegis Logistics shares rise 3% after firm acquires 90% stake worth $809 million in Tristar HoldingsAegis Logistics agreed to acquire an 89.9% stake in Tristar Holdings for $809 million, expanding its global energy logistics operations. Th...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Indian rice exporters find a way through disruptions to retain competitiveness in Gulf marketIndian rice exporters have partnered with Eximwala Solutions to utilise bulk shipping for their products with an aim to significantly lower...
- India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping planIREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower ...
- Sharjah eyes $3 billion Indian investment as ports shift amid Hormuz disruptionSharjah is anticipating significant investment from India, targeting $3 billion between 2026 and 2027. The expansion of Khorfakkan port is ...
- Tanker attacks in Hormuz hit highest of any week since start of US-Iran warAttacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...
- India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruptionThe government has extended the RoDTEP scheme for exporters until December 31, 2026, while raising insurance risk coverage to 95% for eligi...
- Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risksThe Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Expor...
- DGMA extends validity of seafarer competency certificates amidst continuing Gulf crisisThis decision comes due to continued maritime security issues in West Asia and surrounding regions. Indian seafarers on vessels may face is...
- India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
- Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
- Oman's Sohar Port positions itself as Gulf gateway for Indian traders amid Hormuz tensionsOman's Sohar Port is actively positioning itself as a gateway for Indian businesses. The port offers integrated facilities and investment o...
- Getaway to the UAE: Chennai roadshow charts Indian exporters’ evolution into regional playersThe Chennai edition of the Gateway to the UAE roadshow, hosted by Ajman Free Zone in partnership with The Economic Times and Times of India...
- Middle East tensions: Travel plans face fresh risks as Iran conflict persistsInternational SOS urged travelers to monitor Middle East developments closely. Saudi oil infrastructure was targeted, and Houthis seized Re...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Iraq oil exports surge, India set to benefit as Hormuz flows easeIraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...
- China deploys naval fleet with 700 personnel near strategic Red Sea gateway, Suez Canal; amid Pakistan's push for Somalia defence pactChina has sent its 49th naval escort fleet to the Gulf of Aden as African countries prepare a regional task force against piracy and armed ...
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