Image used for representational purpose only. | Photo Credit: AFP The presence of India in the Suez Canal Economic Zone (SCZONE) would enhance India’s footprints in the Mediterranean region that will act as a positive influence, said a prominent advocate of India-Israel economic ties. The remarks from Anat Bernstein-Reich, head of the India-Israel Chamber of … Read more
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited. The European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. That will follow a ban on Russian crude taking effect … Read more
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet. When one of China’s busiest ports announced it wouldn’t accept new export containers in late-May because of a Covid-19 outbreak, it was supposed to be up and running again … Read more