India’s pharma exporters may face a ₹5,000-crore impact as the US-Iran war drives up freight costs and disrupts key shipping routes across the Middle East.
The cost of hiring a supertanker to ship oil from the Middle East to China has surged to over US$400,000 a day. Read more at ...
ZIM trades at a forward P/E ratio of 10.38 and has surged from its 52-week low of $11.04 to near its 52-week high of $29.97 ...
Concern comes even as India’s pharmaceutical exports to the West Asia and North Africa (WANA) region have grown steadily in recent years ...
By Florence Tan and Emily Chow SINGAPORE, March 3 (Reuters) - Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran ...
Rising tensions in the Middle East could affect global trade flows, increase freight and insurance costs, and add pressure on ...
The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. Cargo ships are stuck in the Gulf or ...
Container freight rates from Asia to North Europe have surged following the outbreak of war in the Middle East. Spot rates have risen sharply, and forward markets are pricing freight between 20% and ...
BANGKOK: The war involving the United States and Israel against Iran has begun to directly affect Thai exports, as shipping routes in the Middle East face mounting risks.
Shipping through the Strait of Hormuz between Iran and Oman has ground to a near halt after vessels in the area were hit ...
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