Maersk noted that while the Peak Season Surcharge was reduced recently, it has been increased again…
Tag: Red sea crisis
Crude oil to trade with upside bias; Brent may hit $90-$95/bbl in near-term
Global crude oil prices rose sharply by 5.9 per cent over the past month crossing the…
Geopolitical tensions drive brent towards $95 per barrel in near term
The tightening of physical markets in February followed a seasonal trend, but the key driver was…
Impact of Red Sea crisis on trade will be seen in FY25, says think tank
New Delhi: The Red Sea crisis has become a major threat to global trade and its…
Piyush Goyal: India’s exports will close fiscal at same level as last year despite uncertainties
Union Minister of Commerce & Industry Piyush Goyal. File | Photo Credit: PTI Commerce and Industry…
Gaza death toll reaches 30,000; UN warns of imminent famine | 10 updates
Israel-Gaza war: Gaza’s Health Ministry said the Palestinian death toll from the war in the territory…
U.S. takes lead as the Europe’s top fuel supplier
U.S. has emerged as Europe’s top supplier of crude, diesel and LNG as the Red Sea…
M&M’s tale of two journeys: strong auto, weak tractors
Mahindra & Mahindra Ltd’s journey is a tale of two parts. On the one hand, its…
Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30%: Report
Major shipping lines are avoiding the Suez Canal and are rerouting vessels around the Cape of…