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China’s shipbuilding sector maintains global leading position in 2025

China's shipbuilding industry maintained the world's largest market share in terms of three major indicators for the 16th consecutive year in 2025, according to...

ClassNK Fleet Cost Simulation’ receives ‘Best Project Innovation Award’ at Saudi Maritime Awards

TOKYO: The service ‘ClassNK Fleet Cost Simulation’*1 provided by ClassNK has been honored with the Best Project Innovation Award at the Saudi Maritime Awards,...

Iran tensions: Armed boats harass ship in Strait of Hormuz

A ship sailing through the Strait of Hormuz has reported being harassed by several armed boats. The unnamed vessel was travelling 16 nautical miles (30...

Wärtsilä: All-Time High Operating Result and Cash Flow in 2025

HELSINKI: This release is a summary of Wärtsilä’s Financial Statements Bulletin January–December 2025. The complete report is attached to this release as a pdf...

Modi Govt’s Atmanirbhar container drive takes shape with Bharat Container Shipping Line MoU

Union Ministers Sarbananda Sonowal, Ashwini Vaishnaw attend MoU signing as national container line plan aligns with CMAS incentive Proposed ₹59,000-crore Fleet and Domestic Container Manufacturing...

SCI signs MoU to form Bharat Container Shipping Line, boosting India’s Maritime Self-Reliance

NEW DELHI : The Shipping Corporation of India Ltd (SCI) on Tuesday signed a Memorandum of Understanding (MoU) with Container Corporation of India Ltd...

Vijay Kumar Secretary MoPSW, chairs Review Meeting with major port chairpersons

NEW DELHI : Shri Vijay Kumar, IAS, Secretary, Ministry of Ports, Shipping & Waterways (MoPSW), chaired a comprehensive review meeting with the Chairpersons of...

Paradip Port Authority wins first Prize at Swachhata Pakhwada Awards 2025

NEW DELHI : Paradip Port Authority (PPA) has been awarded the First Prize at the Swachhata Pakhwada Awards 2025, instituted by the Ministry...

Adani Defence & Aerospace join hands with Leonardo Helicopters to build Integrated Helicopter Manufacturing Ecosystem in India

NEW DELHI : Adani Defence & Aerospace has announced a strategic collaboration with Leonardo Helicopters, marking a significant milestone in India’s journey towards building...

Over $8 billion of India’s exports may still face higher tariffs even after India-US trade deal

NEW DELHI : Nearly a tenth of India’s exports to the United States, worth about $8.3 billion, will still face higher tariffs of 25...

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