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WESTWARD SHIPPING ROUTE
Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
Hormuz shipping muted as US blockade takes hold: Tracking dataA trickle of ships crossed the Strait of Hormuz Tuesday and Wednesday as a US blockade appeared to further curb traffic in the trade route ...
Telcos navigate subsea cable risks; Centre asks for analysis, fallback options as war ragesAmidst escalating tensions in West Asia, the Indian government has directed telecom firms and subsea cable operators to assess risks to cri...
At least 40% of Russia's oil export capacity halted, Reuters calculations showUkraine's drone strikes have crippled nearly half of Russia's oil export capacity. Major western ports and pipelines are affected. This dis...
Get it Strait, Hormuz to create ripples for undersea cables tooGlobal internet traffic faces new threats. The Strait of Hormuz, vital for undersea cables, is now a conflict zone. This disruption impacts...
India-bound tanker carrying Russian crude U-turns in Baltic SeaAn India-bound tanker carrying Russian crude has reversed course in the Baltic Sea. This move signals potential disruption in oil trade bet...
Western sanctions, Houthi attacks boost appeal of Russia’s Arctic Sea routeRussia commenced its first oil shipment of the year via the Northern Sea Route to China, typically used only in summer.
Maritime Culture of Jambu-Dvipa: A highway linking Middle East to Southeast AsiaFew people know about the Dungi caves of Mumbai that have now made way for the New Navi Mumbai Airport coming up at Panvel. In fact, most M...
No adverse impact of Red Sea crisis so far on India's tradeThere is no adverse impact on India's exports and imports so far due to the Red Sea crisis, an official said. The transportation cost has i...
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...
Red Sea crisis pressures China's exporters as shipping delays, costs mountIn a speech at the World Economic Forum in Davos on Tuesday, Premier Li Qiang emphasised the need to keep global supply chains "stable and ...
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...
Significant jump in freight rates to hurt trade; India needs own shipping line, say exportersThe situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocea...
Red Sea crisis: Commerce min calls inter-ministerial meet on Jan 17 to discuss way forward on tradeThe Indian commerce ministry has scheduled a high-level inter-ministerial meeting on January 17 to address trade challenges arising from on...
Oil climbs nearly 1% on drop in Russia exports, Red Sea jittersBrent crude futures climbed 69 cents, or 0.9%, to $77.24 a barrel by 0037 GMT, while U.S. West Texas Intermediate crude was at $72.08 a bar...
In coordinated effort, Bangladesh Cost Guard rescues Indian fishing boat with 13 crew membersThe ICG said the Indian Coast Guard Regional Headquarters received a telephonic message from Assistant Director (Fisheries), Diamond Harbou...
- Commandos answer SOS from Saudi, Indian vessels, scare off pirates
An Indian warship with its armed helicopter repulsed attempts made by different bands of gun-toting pirates to hijack a Saudi and a Mumbai-...