government intervention
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Cargo Backlog Cleared: Ports Stabilize Amid Strait of Hormuz Disruptions
New Delhi, April 10 – Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Friday that nearly 90 per cent of the backlog cargo at major ports has been cleared, following swift intervention and continuous monitoring by the government amid disruptions in the Strait of... - H
Government and Firms Partner on Crude Oil Reserves in Korea
South Korea Launches Crude Oil Swap System to Counter Supply Risks Amid Strait of Hormuz Disruptions Government Introduces Temporary Oil Swap Mechanism Seoul, March 31: South Korea’s government has introduced a crude oil swap system with private refiners starting Tuesday, aiming to stabilize... - H
India's Engineering Exports Hit $10 Billion Despite Global Challenges
India’s Engineering Goods Exports Hit $10.36 Billion in February 2026, Achieving Double-Digit Growth New Delhi, March 25, 2026 – Despite ongoing geopolitical tensions and a global economic slowdown, India’s engineering goods exports recorded 12.9% year-on-year growth in February 2026, reaching... - H
LPG Supply Situation: Monitoring Amid Geopolitical Tensions
LPG Refill Bookings Near Pre-War Levels, Supply Concerns Persist Amid West Asia Disruptions New Delhi, March 19: Domestic LPG refill bookings in India are gradually returning to normal levels following a surge triggered by geopolitical tensions in West Asia. However, supply constraints continue... - H
Shipping Industry Faces Increased Costs Due to War Risk Surcharges
FFFAI Urges Government Action as War Risk Surcharge Disrupts Shipping Trade Industry Body Flags Rising Costs and Operational Uncertainty Amid West Asia Crisis New Delhi, March 18The Federation of Freight Forwarders' Associations in India (FFFAI) has called for immediate government intervention...