Longer disruptions at Red Sea trade route may hurt auto, electronics production: GTRIThe Global Trade Research Initiative (GTRI) warned that longer disruptions at the Red Sea trade route can harm manufacturing lines of secto...
28 Jan, 2024, 05.27 PM IST
Red Sea crisis: Commerce Ministry asks Financial Services dept to monitor credit flow to exportersThe Commerce Ministry has directed the Department of Financial Services (DFS) to monitor and ensure credit flow to exporters facing challen...
17 Jan, 2024, 08.21 PM IST
LNG tankers carrying Qatari LNG resume course, data showsThe Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West rout...
16 Jan, 2024, 10.10 AM IST
Greek shipping giant warns Panama Canal chaos may hit SuezA lack of rainfall has dried up a key lake at the Panama Canal, hobbling shipments through one of the world’s most important waterways.
30 Nov, 2023, 09.42 AM IST
Suez Canal traffic 'normal' after stuck vessel refloatedTugboats "have begun towing the ship" which had suffered "a sudden technical failure" and was now being safely towed away for repairs, said...
09 Jan, 2023, 02.18 PM IST
A year after Suez Canal fiasco, bad luck strikes again for evergreenLast year, the 400-meter-long Ever Given, an Evergreen-chartered ship that is longer than the Eiffel Tower and weighs 220,000 tons, got stu...
19 Mar, 2022, 10.49 AM IST
China’s worse-than-Suez ship delays set to widen trade chaosEven without the Suez blockage or port backlogs, the global transportation system would probably still be struggling with maxed-out capacit...
18 Jun, 2021, 09.33 AM IST
Egyptian court delays hearing in Suez container ship compensation caseThe Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in bo...
30 May, 2021, 10.29 AM IST
Traffic jam eases further in Suez Canal after ship unblockedLeth Agencies said that a total of 357 vessels have crossed the Canal since the ship was re-floated by a flotilla of tugboats, helped by th...
02 Apr, 2021, 06.53 PM IST
Suez Canal races to clear backlog as shipping convoys resumeShipping convoys through the canal resumed on Monday evening after tugs pulled the 400-metre-long (430-yard) Ever Given container carrier f...
30 Mar, 2021, 06.33 PM IST
Your coffee could get dearer due to Suez Canal blockageReports said ships of Robusta coffee -- used by Nescafe -- have got caught up in the blockage.
29 Mar, 2021, 12.04 PM IST
Suez Canal blockage adds to pressure points in global tradeEarlier, it was feared the Panama-flagged, Japanese-owned ship might be stuck for weeks.
29 Mar, 2021, 10.52 AM IST
New attempts planned to free huge vessel stuck in Suez CanalThe salvage mission was turning its focus to the ship's lodged bow, after some progress was made towards freeing the ship's stern, the cana...
28 Mar, 2021, 10.18 AM IST
Insurers may be on hook for millions tied to Suez Canal crisisThe task of pinning the blame hasn’t been made any easier by the Suez Canal Authority’s rules of navigation. They state that the master of ...
27 Mar, 2021, 09.51 AM IST
Ships turn toward Africa on concerns Suez blockage to last weeksTwo liquefied natural gas tankers loaded in the U.S. and bound for Asian markets appear to have changed course in the mid-Atlantic and are ...
26 Mar, 2021, 09.45 AM IST
A traffic jam in the Suez Canal may delay Indian exports by 4-5 daysA huge container ship is stuck on the Suez Canal and it could not have come at a worse time for Indian exporters.
25 Mar, 2021, 05.56 PM IST
- Egypt crisis not to impact trade: Sharma
Asking exporters not to be concerned about the crisis in Egypt, the government today said the turmoil has not affected the movement of ship...
08 Feb, 2011, 07.51 PM IST