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SHIPPING LINES
CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...- India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
- Quote of the day by Father of English poetry Geoffrey Chaucer: ‘Women naturally desire the same six things as I; they want their husbands to be brave…’ ; lessons on love from British literary iconCenturies ago, Geoffrey Chaucer proposed that women desire a wise, brave, patient, and generous partner. His theory, found in The Canterbur...
- Indian cancer patients battle shortage of key drugs as platinum costs surgeCancer patients in India are struggling to find essential platinum-based drugs. A surge in global platinum prices and supply chain issues a...
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Asian stocks rebound on Iran optimism, AI tradeAsian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street...
- Peter Phillips Harriet Sperling wedding: Here's how King Charles III, British royals are celebrating marriage ceremony of Princess Anne's son and paediatric nursePeter Phillips is the eldest grandchild of the late Queen Elizabeth II and Prince Philip.
- Trump tariffs changed taste of foods in U.S? Label checking reveals shocking detailsTrump Tariffs have grabbed headlines and become the topic of discussion around the world. Now there is a reality-check on the food ingredie...
- Sri Lanka Navy welcomes INS AiravatIndian Naval Ship Airavat received a traditional welcome at Colombo port during an operational turnaround visit to Sri Lanka. The vessel de...
- Kolkata to join water metro network; Bengal eyes separate shipping department: CM Suvendu AdhikariWest Bengal is planning a dedicated shipping wing and exploring minor port development. A deep-sea port project will proceed at Dadanpatrab...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- US Fed says Iran war driving 'moderate-to-strong' inflationUS inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Hi...
- Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio GorUS Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a "red line" for the United States. He c...
- Freedom Ship: This mile-long $16 billion floating city will house 80,000 people and even have schools and a 15,000-seat stadiumA proposed $16 billion floating city, the Freedom Ship, aims to house 80,000 people as a permanently mobile community circumnavigating the ...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- Iran Guards threaten 'new fronts' over Israel's Lebanon offensiveIran's Revolutionary Guards threatened to open "new fronts" and keep the Strait of Hormuz closed over Israel's offensive in Lebanon, state ...
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
- Pakistan prevents cargo ship from sailing out after it collides with another vessel outside Karachi portA cargo ship is being held in Karachi, Pakistan after a collision at sea. The vessel, MV Nevi, collided with MV Papu on May 28. Karachi Por...
- India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
- Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
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