Fitch Ratings: Global Shipping Outlook Is Deteriorating in 2026
LONDON: Fitch Ratings has maintained its deteriorating outlook for the global shipping sector, reflecting geopolitical and policy risks, according to an Outlook report released today. The sector will also be affected by the lower
India to launch first Hydrogen Fuel Cell Vessel in Varanasi, marking major push for Green IWT
VARANASI : Varanasi is set to witness a historic moment in India’s maritime evolution as Shri Sarbananda Sonowal, Hon’ble Union Minister for Ports, Shipping & Waterways, will officially launch the commercial operation of the
India moves toward its own Bharat Container Shipping Line as Ports, SCI & CONCOR align
NEW DELHI : India is preparing to take a major leap toward maritime self-reliance with the planned launch of the Bharat Container Shipping Line, a new national carrier that will be jointly promoted by
Gujarat launches smart blue Harbours to boost fisheries, food security, and coastal economy
GANDHINAGAR : Fishing Harbours on Monday serve not merely as physical infrastructure but as strategic gateways to economic and community prosperity. Gujarat’s leadership in building ecologically resilient, economically robust, and socially inclusive Blue Harbours
Japan’s JERA signs first long-term LNG export deal with India’s Torrent Power
NEW DELHI : Japan’s top power generator JERA has signed its first long-term liquefied natural gas export deal with India’s Torrent Power (TOPO.NS), opens new tab to deliver 4 LNG cargoes annually for 10
Andhra CM Naidu reviews ongoing infra projects with Gautam Adani
AMRAVATI: Andhra Pradesh Chief Minister Shri N Chandrababu Naidu met Adani Group Chairman Mr. Gautam Adani and Adani Ports & SEZ Ltd Managing Director Mr. Karan Adani to review ongoing infrastructure projects and discuss
HD Hyundai picks Tamil Nadu for first India shipyard
MADURAI: South Korean shipbuilding major HD Hyundai on Sunday announced plans to set up its first shipyard in India, choosing the port city of Thoothukudi in Tamil Nadu for the project. A memorandum of
India–Russia Maritime Ties enter ‘New Era’ with Focus on Shipbuilding, Polar Training and New Trade …
NEW DELHI: India and Russia have unveiled an expanded maritime cooperation agenda that links shipbuilding, Arctic-capable seafaring, and new trade routes from the Indian Ocean to the Russian Far East, marking what Union Minister