Scope for more collaboration with Europe : MoPSW Secretary
NEW DELHI : There is scope for India to collaborate more with Europe to further the growth of its maritime economy, TK Ramachandran, Secretary of the Ministry of Ports, shipping, and Waterways, said Tuesday
Govt mulls setting up maritime development fund to support shipping sector
NEW DELHI : The government is considering setting up a maritime development fund with a view to providing low cost, long-term financial support to the shipping sector, a senior government official said on Tuesday.
INS Vikramaditya Docks at Adani Gangavaram Port ahead of Milan-2024
VISAKHAPATNAM : The Adani Gangavaram Port has welcomed the Indian Aircraft Carrier INS Vikramaditya that berthed at the port ahead of its participation in Milan 24. Amid grandeur, the port proudly hosted the formidable
Great Eastern Shipping expands fleet with MR product tanker
MUMBAI : Indian owner Great Eastern Shipping has bought a 2010-built MR product tanker of about 49,999 dwt. The vessel is expected to join the company’s fleet by the first quarter of the financial
Houthis attack cargo vessel in Gulf of Aden, say ‘ship at risk of sinking’
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt
Electrification shipping industry is on track with a € 4 million investment in EST-Floattech
ROTTERDAM : Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. This was announced
NorthStandard posts strong renewal result one year on from merger
TYNE : NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium income with positive market responses to its post-merger scale and global operating
EU launches mission to protect Red Sea shipping
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe will ensure freedom of navigation in