NEW DELHI : The Department of Financial Services, Ministry of Finance held an event chaired by Secretary, DFS to launch the domestic insurance pool, namely ‘Bharat Maritime Insurance Pool‘ (BMIP) of USD 1.5 billion,
NEW DELHI: Two LPG cargo vessels carrying supplies for India have safely crossed the Strait of Hormuz and are expected to arrive at Indian ports over the next few days amid the ongoing West
The attack on an Indian-flagged ship off the coast of Oman yesterday is unacceptable and we deplore the fact that commercial shipping and civilian mariners continue to be targeted.
LONDON: The Secretary-General of the International Maritime Organization, Arsenio Dominguez, delivered a strong and urgent message on the escalating maritime crisis in the Strait of Hormuz while addressing the opening of the 111th session
LONDON: The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, edged higher on Thursday to a more than five-month high, rose about 0.2% to its highest since
THOOTHUKUDI : In a historic development for India’s maritime sector, a tripartite Memorandum of Understanding (MoU) was signed on 20 April 2026 between HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE), a
GANDHIDHAM : An incident occurred on 13/05/2026 (Wednesday) at approximately 11:50 hrs at Berth No. 13 of Deendayal Port inside the cargo hold of a vessel M.V. PAN OPTIMUM during the stevedoring operations. The
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd said it sees defence shipbuilding opportunities worth around Rs 1.5 lakh crore beyond the proposed Next Generation Corvette project, as upcoming Navy and Coast Guard programmes
By Priyatham Sanjeeva Reddy, Ramidi, Maritime Professional and P&I Expert The Strait of Hormuz is one of the most critical maritime chokepoints in the world, serving as the primary route for oil and gas
By Priyatham Sanjeeva Reddy Ramidi,Maritime Professional and P&I Expert As we explored in the previous article, the closure of the Strait of Hormuz would create immediate and significant challenges for the maritime industry, particularly