Shipping - Page 2

War risk costs and rerouting push Gulf sea freight rates up sharply, disrupting trade and raising logistics costs

The partnership lets FIATA Members access digital cargo and delay insurance instantly across air, ocean, and e-commerce shipments.

DP World extends its Delhi Capitals deal, opening a free cricket arena and deepening grassroots outreach across India.

Middle East disruptions tighten ocean freight capacity, raising rates and extending transit times across key global routes

Saudi ports expand shipping links with MSC, Maersk and CMA CGM to support cargo flows amid Gulf shipping disruptions.

Tata Steel shipped 1,499 MT of materials from Kolkata to Larsen & Toubro in Guwahati.

Beyond costs, the operational disruption is equally serious, with six Hapag-Lloyd vessels and crew stuck in the Persian Gulf and one ship already hit.

Government-backed exporters can get up to 95% additional risk coverage from March 16 to June 15, 2026, to maintain trade operations amid uncertainty.

Hapag-Lloyd plans to reflag up to four vessels under the Indian flag, support a sustainable ship recycling ecosystem and invest in infrastructure...

Attacks on at least 18 vessels in the Strait of Hormuz have killed eight seafarers, shaking one of the world’s most critical shipping routes.

The cargo will be discharged in phases, with about 20,000 tonnes to be unloaded at Mundra Port and the remaining 26,000 tonnes at New Mangalore Port.

DP World Mundra’s throughput rises 13.6% to nearly 1.5 million TEUs in CY 2025 as vessel calls and rail volumes grow.