India’s exports may take a $30 billion hit on Red Sea threats
NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge
Local ship cover may get an India club flavour
NEW DELHI : India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in
Denmark and India launch green fuels alliance
NEW DELHI : Denmark and India have launched the Green Fuels Alliance India (GFAI), a collaborative initiative aiming to enhance joint efforts between the two nations in the
Port of Virginia becomes first USEC port powered by 100% clean energy
NORFOLK : The Port of Virginia is now powering all its terminals with electricity from clean resources and accelerating its goal of becoming carbon-neutral by 2040. By utilising
Sarbananda Sonowal to chair the First Inland Waterways Development Council Meeting to be held today
KOLKATA : The Inland Waterways Authority of India, under the Ministry of Ports, Shipping, and Waterways (MoPSW), is set to host the inaugural ‘Inland Waterways Development Council’ meeting
Maritime India Vision 2030 drives ambitious plan to transform ports
NEW DELHI : The country’s major ports are continuing to significantly improve their key operational performance parameters during the current financial year as they have handled higher cargo
Maersk diverts its Vessels from Red Sea ‘For the Foreseeable Future’
COPENHAGEN : Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of
New maritime route to increase trade competitiveness of Jordan, Egypt
CAIRO : The newly announced shipping route, dubbed the Arab Line for Maritime Transport, that links Egypt, Jordan, and Iraq, and launched recently by the Arab Bridge Maritime
Red Sea Crisis: Costs have gone up, crisis may deepen, says official
NEW DELHI : Disruptions along the Red Sea trade route have begun pushing up shipping and insurance costs as shippers have begun taking longer routes fearing further attacks,
15 Indians among crew freed after Indian Navy commandos board ship hijacked in Arabian Sea
NEW DELHI : All 21 crew members, including 15 Indians, on board Liberia-flagged bulk carrier hijacked in the Arabian Sea were safely evacuated by Indian Navy on Friday,