Govt likely to launch $1.5-billion reinsurance fund for ships navigating war-hit West Asia
NEW DELHI : War risk insurance premiums for commercial shipping have surged up to 7.5 percent in recent weeks. The Centre may announce a $1.5 billion-fund soon to provide reinsurance cover to Indian vessels
MoU signed between APSEZ and SMIT-MERC to establish India’s first ‘Place of Refuge’ for distressed vessels: DG Shipping
MUMBAI : India marks a significant milestone in strengthening its maritime safety and emergency response framework with the signing of a landmark Memorandum of Understanding (MoU) between Adani Ports and Special Economic Zone (APSEZ)
Hormuz Shipping Disruption Triggering Liquidity Stress for India’s MSME Exporters, Warns Sarjak Container Lines
MUMBAI: India’s MSME exporters and importers are beginning to face growing liquidity pressure as disruptions to maritime trade routes through the Strait of Hormuz trigger freight escalation, war-risk insurance premiums and shipment delays, according to a
DG Shipping issues Safety Advisory to Indian Seafarers and Shipping Stakeholders in the rising tensions in Gulf
NEW DELHI : The Directorate General of Shipping, Government of India, has issued DGS Circular 10 of 2026, providing an updated Safety Advisory for Indian Seafarers and Shipping Stakeholders operating in the Persian Gulf,
Govt. mulling deploying Indian Navy to escort ships stranded in Persian Gulf
NEW DELHI : The Indian Government is considering deploying Indian Navy ships to escort ships stranded in the Persian Gulf, said a senior government official. Decision will be taken in two days, the source
Insurers say war cover still available for Gulf Voyages as shipping crisis deepens
NEW DELHI : War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available despite a wave of cancellations tied to the escalating conflict in the Middle East, according to the
Fragmented compliance systems increase sanctions risk across global shipping, Marcura report warns
DUBAI/LONDON: Maritime companies face rising sanctions and compliance complexity as regulators increasingly expect risks to be detected before violations occur, according to a new report published by Marcura. The report “The Fragmentation Problem in
NorthStandard partners with Signol to put crews at the heart of shipping’s green transition
LONDON: NorthStandard has entered a partnership with Signol to offer its members exclusive discounts on their crew led, behaviour change service. NorthStandard recognises the critical role of crew in ensuring safety on board and firmly