Govt likely to launch $1.5-billion reinsurance fund for ships navigating war-hit West Asia
NEW DELHI : War risk insurance premiums for commercial shipping have surged up to 7.5 percent in recent weeks. The Centre may announce a $1.5 billion-fund soon to provide reinsurance cover to Indian vessels
SCILAL signs MoU with Synergy Marine to strengthen maritime training and capability development
MUMBAI : Shipping Corporation of India Land & Assets Ltd. (SCILAL) has signed a Memorandum of Understanding (MoU) with Synergy Marine Pte. Ltd. to advance collaboration in maritime capability development and training. The partnership
India takes the lead in ship recycling under the Hong Kong Convention
HONG KONG : Ship recycling is a critical component of the maritime lifecycle, contributing significantly to resource efficiency and circular economy, with over 90% of a ship’s material recovered and reused. To ensure that
Rs 2,360 Crore, 32 Km Highway To Vadhavan Port Will Cost Palghar Over 72,000 Trees and 611 Homes: Reports
MUMBAI : A proposed highway connecting Varor village to Tawa village in Palghar district, designed to provide high-speed access to the upcoming Vadhavan Port, will require the felling of 72,790 trees, the filling up
Petronet LNG commissions Dahej Terminal expansion to 22.5 MMTPA
DAHEJ : Petronet LNG has commissioned the expansion of its Dahej liquefied natural gas terminal, increasing capacity from 17.5 million metric tonnes per annum (MMTPA) to 22.5 MMTPA. The commissioning was completed at 23:30
Agreement between India Post and Bharat Diamond Bourse for ‘Doorstep Logistics Services’
NEW DELHI : The Department of Posts (DOP), Maharashtra Circle, and BDB (BHARAT DIAMOND BOURSE) entered into a Memorandum of Understanding (MOU) on Tuesday, to establish a partnership aimed at offering various postal services
INS Sunayna (IOS SAGAR) arrives at Male, strengthening Maritime ties with Maldives
MALE : Indian Navy’s INS Sunayna, deployed under Indian Ocean Ship (IOS) SAGAR initiative, arrived at Male on 06 Apr 2026, marking the first port call of her operational deployment. The ship was accorded
India’s services growth slows to 14-month low as Middle East war hits demand : PMI
BENGALURU : India’s services sector grew at its weakest pace in 14 months in March as the Middle East war dampened domestic demand, a survey showed on Monday, though overseas orders hit a near