Shipping
- Middle East
Saudi Arabia launches new shipping route ‘Arabian Gulf-India’
Folk Maritime Services Company, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), recently launched a new regional shipping route, “India-Arabian Gulf Service.” The shipping route connecting key GCC ports, including Dammam and Umm Qasr,…
- India
Spike in freight rates: India needs own shipping line, say exporters
New Delhi: Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should…
- World
Pentagon says Iranian drone struck tanker ship in Indian Ocean: Report
Washington: The Pentagon has said that an Iranian drone on Saturday struck a chemical tanker in the Indian Ocean, Reuters reported. “The motor vessel CHEM PLUTO, a Liberia-flagged, Japanese-owned, and Netherlands-operated chemical…
- World
20 nations to protect vessels in Red Sea, Gulf of Aden from Houthi attacks: US
More than 20 countries have agreed to participate in the US-led coalition to protect commercial shipping in the Red Sea from attacks by Houthi militants from Yemen. Pentagon spokesman General Pat Ryder…
- Middle East
Houthis’ attack on commercial ships causes surge in oil prices
Washington: Yemen’s Iran-backed Houthi rebels are attacking commercial ships and oil tankers to different countries thus disrupting supply chains causing crude oil prices to rise in what they claim are revenge acts…
- Middle East
Shipping containers to be used as voting booths in Turkey’s earthquake zone
Istanbul: With many public buildings still damaged across Turkey’s 11 southern provinces following devastating twin earthquakes on February 6, special containers have been set up to facilitate voting on Sunday’s presidential elections.…
- Pakistan
Foreign shipping lines may stop Pakistan operations
Islamabad: Pakistan shipping agents have forewarned the government that all export cargoes could come to a halt as foreign shipping lines are considering stopping their services for the country after banks stopped…
- Technology
Samsung begins shipping most advanced 3nm chips
Seoul: Samsung Electronics on Monday marked the first shipment of 3-nanometer semiconductors at a ceremony, a key milestone in the race to build the most advanced and efficient chips to date. The…
- Technology
Over 14 bn eSIM devices to be shipped by 2030, smartphones to lead
New Delhi: More than 14 billion eSIM devices are likely to be shipped between 2021 and 2030, covering all form factors, a new report has shown. Smartphones will lead the charge in…
- Technology
Apple, Samsung face new fines for not shipping power adapters
Sao Paulo: Tech giants Apple and Samsung are reportedly facing new fines for not shipping power adapters with new smartphones. According to GizmoChina, after Apple had removed the power adapters from its…
- Technology
Some BMWs shipping without Android Auto, CarPlay amid chip shortage
San Francisco: Due to the current chip shortage, luxury automobile manufacturer BMW is reportedly shipping some of its cars without Android Auto and CarPlay. Starting in 2019 and expanding in 2020, nearly…
- Technology
Samsung stops shipping products to Russia
Seoul: South Korean tech giant Samsung is suspending shipments of all of its products to Russia, media reports say. “Due to the current geopolitical developments, shipments to Russia have been suspended,” reads…
