Hormuz disruption remains most consequential variable for India’s external, price outlook: Finance Ministry review
NEW DELHI: The duration of the disruption in the Strait of Hormuz remains the “single most consequential variable” for India’s external sector and inflation outlook, according to the Finance Ministry’s Monthly Economic Review for
Iran’s IRGC says 28 ships passed through Hormuz in the last 24 hours
TEHRAN: Iran’s Islamic Revolutionary Guard Corps (IRGC) on Sunday said that 28 ships, including oil tankers, container vessels, and other commercial ships, passed through the Strait of Hormuz in the last 24 hours under
118 commercial vessels redirected, five disabled under Iran blockade: US military
FLORIDA: The United States Central Command (CENTCOM) has announced that American forces have redirected 118 commercial vessels and disabled five others as part of Washington’s active naval blockade aimed at Iranian ports. American forces
Adani Vizhinjam Port becomes fastest to handle 2 Million TEUs since starting operations
THIRUVANANTHAPURAM : Adani Vizhinjam International Seaport in Kerala has crossed the landmark milestone of handling 2 million twenty-foot equivalent units within just 18 months of commencing operations, becoming the fastest Indian port to achieve
JNPA celebrated 37 years of serving the nation through maritime excellence in the presence of Union Minister of Ports, Shipping and Waterways
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) – India’s Largest Container Port, celebrated its 37th Foundation Day with great enthusiasm and grandeur in the esteemed presence of Hon’ble Shri Sarbananda Sonowal, Union Minister of
India unveils Port Performance Index, maritime digital reforms to boost global competitiveness
Sarbananda Sonowal launches Unified Ship Recycling Portal for Ship Recycling Credit scheme to boost Indian shipbuilding MUMBAI : India took another step towards modernising its maritime sector on Thursday with the launch of the
Sagarmala Finance Corporation, India’s maritime lender set to launch country’s first blue bond
NEW DELHI : Sagarmala Finance Corporation is set to issue the country’s first ‘blue bond’, as it looks to diversify funding sources to lend towards developing maritime and coastal infrastructure, a top executive told
Surat yarn traders in trouble as 1,000 imported containers worth ₹250 crore stuck at Mumbai, Hazira Ports
SURAT : Surat’s textile industry is facing a major crisis after around 1,000 containers carrying imported specialty yarn worth an estimated ₹250 crore were halted at Mumbai’s Nhava Sheva Port and Surat’s Hazira Port