US-China Trade war sends India’s electronics imports soaring 27.5% in May, raises dumping risks
NEW DELHI : A stark drop in Chinese exports to the US in May 2025 — down 34.5% year-on-year — signals a deepening of the US-China trade war
Oil spill from MSC Elsa 3 continues to pose threat to marine ecosystem
KOCHI : The prospect of oil spill from the container vessel MSC Elsa 3, operated by Mediterranean Shipping Company (MSC), which sank off the Kochi coast on the
IFSCA headquarters in Gift City to shift to new premises around Diwali
GANDHINAGAR : The headquarters of International Financial Services Authority (IFSCA) — the unified regulator at Gift City in Gujarat — is expected to relocate to a permanent address
Ocean Network Express strengthens global capacity as latest newbuilding, ONE Singapore, joins fleet
SINGAPORE : Ocean Network Express (“ONE”) announced today (June 17, 2025) the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming
Middle-East oil freight rates jumping for Iran conflicts
DAMMAM : Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s conflict with Iran,
KR and HD Hyundai Samho join forces to bring AI into Ship Design
BUSAN : KR (Korean Register) signed a memorandum of understanding (MOU) with HD Hyundai Samho on June 11 to jointly develop AI-based solutions for innovation in ship design
Sarbananda Sonowal announces major infra push to boost Inland Waterways in Bihar
PATNA : Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal announced major infra push to boost Inland Waterways in Bihar. The announcements were made at the
India now has 111 National Waterways, up from 5 under UPA : Sarbananda Sonowal
PATNA : Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, said on Monday that the number of National Waterways in India has increased to 111 under
DNV : Strengthening India-Norway Maritime Ties at Nor-Shipping 2025
OSLO : Nor-Shipping 2025 provided a pivotal platform for DNV to reinforce its longstanding partnership with India and explore new avenues for collaboration in the country’s rapidly evolving
MoPSW Secretary meets CMA CGM Leadership in Marseille
MARSEILLE : Shri T.K. Ramachandran, Secretary, Ministry of Ports, Shipping and Waterways (MoPSW), visited the global headquarters of CMA CGM in Marseille, France, on 12th June 2025. The