The world has eroded its supply buffers by draining nearly 1 billion oil barrels from global inventories since the US-Israeli war on Iran disrupted shipping through the Strait of Hormuz, …
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The Centre’s aim to double cruise passenger traffic to one million by FY 2029 remains on course with the development of terminals and addition of new vessels. While foreign ships …
The Commander of the United States Central Command (CENTCOM), Admiral Brad Cooper, on Friday (local time) stated that the primary internationally recognised transit routes in the Strait of Hormuz have …
Mumbai-headquartered Cordelia Cruises has launched Cordelia Sky, its largest cruise vessel, and commenced commercial sailings on Friday, October 23, 2026. The launch event was attended by representatives from the media …
After three years of diversions around the Cape of Good Hope, Suez Canal is seeing a recovery to more than half of pre-disruption levels and this has raised hopes for …
A.P. Moller - Maersk (Maersk) will undertake its first planned drydocking in India, with the Singapore-flagged container vessel Maersk Chattogram scheduled to enter L&T’s Kattupalli Shipyard near Chennai. The activity …
The Syama Prasad Mookerjee Port (SMP) in Kolkata handled 34.75 million tonnes (MT) of cargo in the first half of the current financial year, which was higher by 1.34 MT …
Following the drone attack on Panama-flagged crude oil tanker MT GEM NO. 2 at Sharjah Anchorage, Federation of Seafarers’ Unions of India (FSUI) General Secretary Manoj Yadav on Saturday called …
The Keralam government’s five-year Mission Samudra initiative seeks to transform the State into a global maritime and economic hub through the development of an integrated logistics ecosystem revolving around its …
Keralam Chief Minister V D Satheesan on Sunday said that the Congress-led UDF government has kept its promise to fishermen as a fishing harbour for them at Vizhinjam here is …
Boeing and Ethiopian Airlines have announced that the African carrier has ordered eight 777-8 freighters and two 777 freighters. The airline will pair the proven performance of the 777 freighter …
Nearly eight decades after Independence, Dibrugarh is set to resume international cargo movement through the Brahmaputra, with two vessels carrying 1,080 tonnes of methanol from Bogibeel to Bangladesh, marking the …
India’s port volumes rose 7 per cent year-on-year (y-o-y) in August 2026, while global container freight rates increased 132 per cent from February levels, according to a report by Jefferies. …
Three commodity vessels transited the Strait of Hormuz on Tuesday, down from four a day earlier and below the 10-day moving average of about 15, preliminary shipping data showed …
DP World Cochin’s International Container Transhipment Terminal (ICTT) has started receiving calls from the MGR IFR Service, a new shipping connection linking the port directly with key destinations in the …
Recently in Ain Sokhna (Egypt) With the Red Sea shipping situation showing signs of stabilisation, DP World’s Sokhna terminal in Egypt could emerge as a key gateway for growing cargo …
Dubai-headquartered Drydocks World sees more opportunities for investments in ship repair and fabrication facilities in India, its CEO Captain Rado Antolovic said. The remarks came at formal signing of a …
There is a curious asymmetry in the way we regulate transport infrastructure. In container shipping, it is increasingly common, and widely accepted, for an ocean carrier to own a stake …
Denmark-based global towage provider Svitzer is partnering with Cochin Shipyard Ltd to construct four electric harbour tugs in Kochi as part of its global fleet renewal and expansion programme. Deniz …
APM Terminals marked the official groundbreaking for APM Terminals Laldia, in Chattogram, as one of the largest public-private partnership investments in Bangladesh’s history as it moves from the signing to …
India’s shipping industry is set for continued competition from foreign-flagged vessels in coastal trade, with the Centre restoring the 2018 relaxations to ensure capacity for exporters and importers amid geopolitical …
The V.O. Chidambaranar Port in Thoothukudi on Friday handled its first crude palm oil vessel at Coal Jetty-2, which has been suitably modified with pipelines connecting the berth to storage …
Jawaharlal Nehru Port (Nhava Sheva) in Mumbai emerged the fastest-growing container port among the world’s top 30 ports in the first half of 2026. The country’s largest container terminal saw …
Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the …
QatarEnergy has issued a second tender this week to sell al-Shaheen and Qatar Marine crude via ship-to-ship transfers outside the Strait of Hormuz, according to three trade sources and a …
Large container ships are returning to the Suez Canal as shipments for the Christmas and New Year season to Europe and the US gather pace, with shipping lines beginning to …
Jassper Shipping, a provider of project logistics, breakbulk, bulk cargo and industrial supply chain solutions, is planning to invest $50 million over the next three years. The proposed investment is …
With growing shipping chokepoints, India must treat maritime insecurity as a persistent trade risk and strengthen its domestic shipping capacity, trade finance, naval protection and alternative transport corridors, economic think …
Mitsui OSK Lines (MOL) Ltd has announced that the MOL Magsaysay Maritime Academy (MMMA), a merchant maritime academy jointly operated by MOL and Magsaysay Maritime Corporation in Manila, the Philippines, …
Union Shipping Minister Sarbananda Sonowal on Saturday said that over 4,048 Indian seafarers have been repatriated so far in the wake of the West Asia conflict. Sonowal said that Prime …
Voicing concern over the proposed amendments to the Merchant Shipping Act through the draft regulations, the Kerala Fishworkers’ Coordination Committee has urged the Centre to hold detailed consultations with coastal …
Escalating shipping disruptions triggered by the continuing crisis in West Asia have prompted Indian exporters to seek urgent government intervention, amid warnings that soaring freight rates, fewer direct calls by …
Minister of Ports, Shipping and Waterways Sarbananda Sonowal held bilateral talks with Panama's Minister of Foreign Affairs, Javier Martinez-Acha Vasquez, to deepen maritime cooperation between the two countries, with both …
Pinning its hopes on the Union Shipping Ministry’s demand aggregation initiative to centralise India’s shipbuilding requirements, Cochin Shipyard Limited (CSL) has submitted bids under the newly floated Bharat Container Shipping …
Cochin Port Authority (CoPA) is unfazed by the rapid rise of Vizhinjam Port as a transshipment hub and is instead focusing on expanding the International Container Transshipment Terminal (ICTT) at …
To further the ease of doing business, Finance Ministry has exempted lease rentals and supplemental lease rentals paid for aircraft and ships to eligible International Financial Services Centre (IFSC) leasing …
India aims to recycle nearly 16,000 ships over the next decade, and the country has announced a financial commitment of $8 billion to support the growth of the shipbuilding and …
Five companies, including global players, have expressed interest in development of the bulk terminals under public-private partnership at Kamarajar Port in North Chennai. This is to augment the port’s dry …
Syama Prasad Mookerjee Port in Kolkata targets handling around 74 million tonnes (MT) of cargo in the current financial year, with daily handling of containers increasing nearly one- and-a-half times. …
India has an opportunity to significantly expand its share of the global maritime workforce as the shipping industry faces a growing shortage of qualified officers, according to the Seafarer Workforce …
A ship was hit by an unidentified projectile in the Strait of Hormuz on Thursday in the first reported attack after an interim US-Iran peace deal, a significant setback to …
Hong Kong-based shipping conglomerate and one of the largest employers of Indian seafarers, Anglo-Eastern is coordinating safety measures though its ‘Global Security Desk’ for safety and security of its seafarers …
India has emerged as the world's top ship-recycling nation, with its share of global ship-recycling increasing to 35.4 per cent in 2025 from 30.1 per cent in 2024, according to …
The reopening of the Strait of Hormuz following an initial peace deal between the US and Iran has brought relief to Indian exporters grappling with high freight rates, war-risk insurance …
India’s ambitions for sustainable maritime growth received an impetus with the sector regulator issuing the first ship recycling credit note. On May 28, the Directorate General of Shipping issued the …
A Guinea-Bissau-flagged asphalt tanker, MV Jalveer, was attacked by the American military off the coast of Oman on Thursday. This marks the third merchant vessel manned by an Indian crew …
The Ministry of External Affairs (MEA) on Wednesday condemned the attack on a commercial vessel off the coast of Oman, saying 21 of the 24 Indian crew members onboard had …
India’s shipping ministry said on Monday that a fire was reported on an oil tanker, Marivex, off the coast of Oman with 24 Indian sailors on board, adding that all …
India’s growing appetite for imported iron ore is giving a boost to India’s global dry bulk shipping market, which is enjoying its strongest first-half performance since 2023. Data compiled by …
Mumbai Port Authority is charting a new course in India’s maritime waters by building a distinct and future-ready ecosystem, says its Chairperson, M Angamuthu. Instead of competing with container-focused Jawaharlal …
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