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, a senior government official said Friday.
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, after its marine commandos intercepted the
Gujarat invests ₹50 Crore in Submarine for Advancing Under-Sea Tourism
GANDHINAGAR : The Gujarat government is set to introduce an innovative under-sea tourism experience by acquiring a ₹50-crore submarine designed to transport passengers to Beyt Dwarka, a small island believed to be part of
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with
Vizag port confident to touch 80 MT mark: Aims for record growth and sustainability in 2023-24
VISAKHAPATNAM : Visakhapatnam Port will emerge as number one port among major ports in the country, said Visakhapatnam Port Authority (VPA) Chairman Mr. M Angamuthu. Speaking to the media here on Wednesday, he said
Govt receives 11 firms’ Expression of Interest in Great Nicobar Island Transhipment Port Project
NEW DELHI : The government has received Expressions of Interest (EOIs) from 11 players for the Rs 41,000-crore international transhipment port project at Great Nicobar Island in the Bay of Bengal, Union Minister Shri
Centre may sell stake in NLC, Mazagon Dock by March 31
NEW DELHI : India’s Finance Ministry may sell up to 10 percent stake each in NLC India (formerly Neyveli Lignite Corporation), Mazagon Dock Shipbuilders and Indian Railway Finance Corporation via the offer for sale route before
US invites India to join naval coalition in Red Sea
NEW DELHI : The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red Sea, according to persons aware of