India and China are buying most of Russian oil above western price cap

The latest data from Refinitiv Eikon shows that Russian Ural oil cargoes loaded in the first…

Freight rates starting to drop as shipping demand fluctuates

Shippers are trying to reset contract agreements to cut costs, but costs are many times higher…

Rivigo to raise $50-100 million in pre-IPO funding in 2022

Bangalore Trucking logistics firm Rivigo plans to raise $50-100 million in a pre-IPO (initial public offering)…

Prolonged war to give tough competition to Indian MSMEs: FISME chief

A lobby of Indian small enterprises said on Wednesday that a large number of small businesses…

How CCI broke up a shipping cartel

On 20 January, the Competition Commission of India (CCI) issued its final order in an alleged…

Why the shipping crisis is likely to persist

The flip side, however, is a historic jump in the cost of shipping goods from India…