Policy support, tax measures in pipeline to power maritime growth : Sonowal
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal has said that the government is “actively exploring” tax and policy interventions to further strengthen India’s maritime sector. The move comes
Paradip Port Authority signs concession agreement with AM/NS Ports
PARADIP : Paradip Port Authority (PPA) and AM/NS Ports have signed a Concession Agreement for the mechanization of the CQ-III berth to handle dry bulk cargo. This marks a significant step toward enhancing port
Transworld launches weekly direct LCL console service from Hong Kong to Nhava Sheva
DUBAI : Transworld announced their expansion of trade lane network with the introduction of a Weekly Direct LCL Console Service connecting Hong Kong to Nhava Sheva. The new service offers shippers greater reliability and
Commerce Ministry warns of negative impact on marine exports from US Tariffs
NEW DELHI : The Ministry of Commerce and Industry on Monday told Parliament’s Public Accounts Committee (PAC) that marine exports are likely to be “negatively” impacted by the 50% US tariff, as it places
Maritime Technologies Forum Issues New Guidelines for the Safe Inspection of Methanol Dual-Fuel Ships
TOKYO: The Maritime Technologies Forum (MTF) Tuesday released a comprehensive report providing guidelines for the safe inspection of methanol dual-fuel ships. The project was led by the Maritime and Port Authority of Singapore (MPA)
DMC contracted to deliver equipment packages for 14 vessels under construction at Indian shipyards
THE NETHERLAND: Damen Marine Components (DMC) has been contracted to supply rudders, steering gear and nozzles to two major newbuilding projects in India. The contracts cover a total of 14 multi-purpose vessels (MPVs), and
The HOCC has Imposed Sanctions on a Number of Entities, Persons, and Assets for Violating the Decision Prohibiting the Export of U.S. Crude Oil
SANA’A: The Humanitarian Operations Coordination Center (HOCC) issued a decision designating (13) entities, (9) persons, and (2) assets linked to the United States of America as perpetrators of prohibition of the export of U.S. crude
Defence Minister lauds crucial role of Coast Guards in addressing maritime security threats and managing disasters
NEW DELHI : Defence Minister Shri Rajnath Singh has emphasised the integration of Artificial Intelligence, drones, and automated response mechanisms into the country’s maritime security framework. Addressing the inaugural session of the 42nd India