At least 107,356 species are involved in international wildlife trade, more than twice the number previously estimated, according to a study published in Science Advances. The research, which brings together records from
by Our Economic Affairs Editor The annual Container Port Performance Index issued by the World Bank yesterday offers a blunt reminder of how fragile, yet indispensable, the global maritime system has become.
MoreFrom the time of Sir Hugh Willoughby, the Tudor adventurer whose life ended in the frozen wastes of northern Russia, brave men have perished attempting to establish a trading route to China
MoreHong Kong tycoon Li Ka-shing’s CK Hutchison Holdings is facing mounting legal and geopolitical pressure as the Panamanian government moves to challenge the legitimacy of its long-standing ports contract, prompting concerns over
Moreby Our Correspondent in Colombo The Supreme Court of Sri Lanka’s judgment on the X-Press Pearl disaster marks a historic and sobering reflection on environmental accountability, institutional inertia, and the urgency of
MoreAn ambitious move by U.S. investment giant BlackRock to acquire a portfolio of strategic global ports has encountered stiff resistance from Beijing, laying bare a deeper struggle over control of 21st-century maritime
MoreIn a landmark step towards enhancing maritime security and regional cooperation, the coast guards of India, Japan, the United States, and Australia have officially launched the inaugural “Quad-at-Sea” mission in the Indo-Pacific.
MoreIn a joint statement made at the International Maritime Organization (IMO) Headquarters, top global maritime bodies have renewed their commitment to ensuring the fair treatment and legal protection of seafarers. The event
MoreThe head of the Panama Canal Authority has voiced serious concerns that a $23 billion global ports transaction involving Hong Kong’s CK Hutchison could threaten the long-held neutrality of the strategic waterway.
MoreThe recent sinking of the MSC ELSA 3 off the coast of Vizhinjam, Kerala, serves as a stark reminder of the potential ecological and economic consequences of maritime incidents. This event, detailed
MoreVincent Clerc, the CEO of AP Møller Maersk, the world’s second-largest container shipping group, has warned that using tariffs to reshape global supply chains would be a slow and unrealistic process, requiring
MoreThe era of being truly off-grid at sea may be over — at least for the ultra-wealthy. Thanks to Elon Musk’s Starlink satellite internet service, luxury yachts are transforming into mobile high-tech
MoreThe Vizhinjam Port Project in Kerala, constructed by the Adani Group—a private sector enterprise—in partnership with the Marxist-led Kerala government, is a refreshing development of far-reaching and significant importance, both economically and
MoreKPMG has resigned as the auditor for P&O Ferries, citing its inability to complete the audit of the company’s 2023 accounts to the “required standard.” The Big Four accounting firm stepped down
MoreExclusive by Our Correspondents in New Delhi and Colombo Indian Prime Minister Narendra Modi has declined an invitation to visit the newly commissioned Adani-operated terminal at the Colombo Port during his recent
MoreThe proposed hydrographic cooperation agreement between India and Sri Lanka, initiated by the previous regime, has ignited serious debate, with growing concerns over its potential to erode Sri Lanka’s control over its
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