March 20, 2026
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EFTA India Agreement- What’s there for Maritime?

March 12, 2024 Customs, Business, COMMERCE, Export - Import, Global Trade, Logistics, Maritime, Trade, Trending News
By Mr. Rajesh Menon, Associate Director at GOI / Visiting Faculty /Executive Coach An interesting development with significance to the maritime sector in India is the recent comprehensive Trade and Economic Partnership Agreement (TEPA)

‘Maitri Setu’ between Tripura and Bangladesh to be operational soon: Tripura CM

March 12, 2024 Ports, Global Trade, Maritime, Transport, Trending News
AGARTALLA : Shri Manik Saha, Tripura Chief Minister said that the India-Bangladesh ‘Maitri Setu’ (friendship bridge) connecting the border town of Sabroom in Tripura with Ramgarh in Bangladesh will be operational soon. Prime Minister

India and Sri Lanka are planning to initiate ferry service

March 12, 2024 Maritime, Trending News, Water Transport
NEW DELHI : The Indian and Sri Lankan governments have announced plans to initiate a ferry service between the two nations before the end of this month. Indian High Commissioner Santhosh Jha, speaking at

US-bound ship hits Bharat Petroleum crude import facility

March 12, 2024 Ports, Fuel, Import, Maritime, Shipping, Trending News
JAMNAGAR : A US-bound vessel from Sikka Port in Gujarat accidentally hit a Bharat Petroleum Corp’s (BPCL) crude import facility late on Sunday, two sources told on Monday. The extent of the damage was

India-U.S. Maritime Security Exercise ‘Sea Defenders-2024’ culminates at Port Blair

March 11, 2024 Maritime, Defence, Trending News
PORT BLAIR : The comprehensive maritime security exercise ‘Sea Defenders-2024’ between the Indian Coast Guard (ICG) & United States Coast Guard (USCG) culminated at Port Blair on March 9, 2024. The exercise was aimed

PSA Singapore launches Jurong Island Terminal expansion project

March 11, 2024 Maritime, Foreign Ports, Trending News
SINGAPORE : PSA Singapore has unveiled a strategic initiative to expand its Jurong Island Terminal (JIT) in response to escalating demand for sustainable, efficient, and resilient supply chain solutions within Jurong Island’s industries. Situated

Red Sea disruptions benefit shipping companies’ near-term profitability : Fitch Ratings

March 11, 2024 International Shipping, Maritime, Trending News
Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in the Red Sea, Fitch Ratings says. They do not expect

ClassNK grants Innovation Endorsement for Products & Solutions to “Cassandra” developed by Deep Sea Technologies

March 11, 2024 International Shipping, Maritime, Trending News
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to a vessel & voyage performance monitoring platform called “Cassandra” developed by Deep Sea Technologies SMPC. “Cassandra” is a platform that integrates

Industry Association condemn Houthi attack on MV True Confidence

March 9, 2024 International Shipping, Associationn, Logistics, Maritime, Shipping, Trade, Trending News
LONDON : Industry Associations express their deep concern over the tragic loss of life and injuries suffered by the crew of MV True Confidence in an attack in the Red Sea on 6 March

Houthis shoot at another “American” ship saying attacks are escalating

March 9, 2024 International Shipping, Defence, Maritime, Trending News
YEMEN : Another bulker sailing southeast of Aden, Yemen was targeted by the Houthis again. Initial reports are that the vessel was not hit and that the crew is safe, but it appears that
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