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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
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Featured News
Iran-Israel-US war: Conflict, impact on maritime traffic could hurt India exports
Indian exports of rice, tea, and fruits to Africa and West Asia face significant disruption. Joint military operations by the US and Israel, and Iran's retaliation, are expected to impact maritime traffic. This could lead to longer shipping times and increased costs for goods destined for Western markets. The situation creates uncertainty for major buyers of Indian agricultural products.
Uncertainty looms as shipping is hit, exporters in wait and watch mode
India's Directorate General (DG) of Shipping issued advisories for seafarers presently in Iran, Strait of Hormuz, Persian Gulf and adjacent waters including those awaiting joining of vessels or awaiting wages and safe repatriation after sign-off. In a separate advisory for Indian flagged vessels, the DG shipping said all ships operating in or near the region are urged to conduct comprehensive shore security drills encompassing pertinent security scenarios, including loitering munitions, drone boat and similar threats.
