Mumbai, March 19 Global shipping giant Hapag-Lloyd is in discussions with its partners to cover some of the additional costs, which have increased by USD 40-50 million per week amid the ongoing situation in the Middle East and disruptions in cargo movement, its CEO Rolf Habben Jensen has said...
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Mumbai, March 19 Union Minister Sarbananda Sonowal emphasized on Thursday that cooperation from stakeholders can help ensure minimal disruption in maritime trade amid uncertainties in the wake of the evolving situation in West Asia.Speaking at a ceremony to sign the Letter of Intent (LoI) for...
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New Delhi/London, March 5 – The maritime threat landscape across the Gulf of Oman, the Persian Gulf, and the Strait of Hormuz has become highly volatile in the past 24-48 hours, driven by escalating military confrontations involving Iran, the US, and Israel.Multiple incidents involving...