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SMP Kolkata records over 27 percent growth in cargo and container traffic handling in April–May

KOLKATA : Syama Prasad Mookerjee Port (Kolkata) has commenced the financial year 2025–26 on an impressive note registering a growth of 27.56 percent in...

The mother of ports fights hard to come out of troubled waters

MUMBAI : The proposed Vadhavan Port in Maharashtra, projected to be three times larger than Jawaharlal Nehru Port (JNPT). Once completed, it is projected...

Offshore Warriors secures tow of Wan Hai 503 after three days of Fire fighting and Salvage Operations

NEW DELHI : In a major breakthrough, Indian Salvage Tug Offshore Warrior has successfully established a tow connection with the distressed Singapore-flag vessel WAN...

ICG, Navy & IAF execute high-risk operation to stabilise fire-hit Singaporean vessel off Kochi

KOCHI : In a major development in the firefighting and salvage operation of Singaporean Vessel MV Wan Hai 503, the Indian Coast Guard (ICG),...

Indian Navy evacuates Indian seafarer from a Singapore-flagged tanker Eagle Veracruz

KOCHI : The Indian Navy undertook medical evacuation of a 41 yr old Indian seafarer from following a medical emergency alert from Singapore-flagged oil...

Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report

NEW YORK : Israel's airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional...

New ICS Chairman Designate named and Secretary General takes the helm as industry faces critical global challenges

ATHENS : Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by...

Adani Krishnapatnam Port sets monthly record of highest ever dry cargo volume

NELLORE : Adani Krishnapatnam Port Limited (AKPL) has set a new monthly record by handling 5.74 million metric tonnes (MMT) of dry cargo—the highest...

CoPA & OIL sign MoU for offshore oil exploration support base at Kochi

KOCHI : The Cochin Port Authority (CoPA) and Oil India Limited (OIL) signed a memorandum of understanding (MoU) for supporting offshore oil exploration of...

Maritime war risk premium could rise if Israel-Iran conflict escalates

LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants...
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