maritime trade

Kolkata, April 10 Union Home Minister Amit Shah on Friday unveiled the BJP's manifesto for the 2026 West Bengal assembly elections, outlining a sector-wise roadmap spanning industry, agriculture, and port-led development, while promising to revive Bengal's industrial fortunes.Shah stressed...

Washington, April 6 – Global energy markets and supply chains are coming under pressure as tensions over Iran and the Strait of Hormuz escalate, with oil prices rising sharply and fears mounting over disruptions to one of the world’s most critical shipping routes.Oil prices climbed after US...

Karachi, April 4 Pakistan's Naval Chief Admiral Naveed Ashraf said on Saturday that any attempt to challenge his country's maritime interests will be met with an appropriate response.Admiral Ashraf made the comments while speaking during the induction of the second Milgem-class corvette, PNS...

The Ministry of Petroleum and Natural Gas has stated that the government is making every effort to ensure the availability of petrol, diesel, and LPG across the country. It has advised citizens to avoid panic buying of petrol and diesel and unnecessary booking of LPG.The Ministry has taken...

Singapore, March 26 With the Strait of Hormuz almost closed amid the ongoing war in the Gulf region, merchant vessels, including oil tankers, have started to queue up at ports across Asia while operators wait for clarity, a media report said on Thursday.Sourcing data that showed longer queues...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters until March 31 amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported...

March 20, New Delhi — Rising security concerns around the Strait of Hormuz have disrupted maritime trade routes, leading to vessel diversions, longer sailing routes, congestion at transshipment hubs, and emergency conflict-related surcharges. These developments have increased logistics costs and...

Mumbai, March 19 India has taken swift and coordinated measures to safeguard the country's maritime trade in the face of the evolving situation in the Middle East, ensuring smooth cargo movement and minimal disruption to supply chains, Union Minister Sarbananda Sonowal said on Thursday...

Mumbai, March 19 Union Minister Sarbananda Sonowal emphasized on Thursday that cooperation from stakeholders can help ensure minimal disruption in maritime trade amid uncertainties in the wake of the evolving situation in West Asia.Speaking at a ceremony to sign the Letter of Intent (LoI) for...

New Delhi, March 18 – All Indian seafarers in the Middle East region are safe, and no shipping incidents involving Indian-flagged vessels have been reported in the past 24 hours, the Ministry of Ports, Shipping and Waterways said on Wednesday.Currently, 22 Indian-flagged vessels with 611...

India and the UAE agreed to work together to restore peace, security, and stability in the region, while ensuring safe and free navigation through the Strait of Hormuz. During an inter-ministerial briefing on recent developments in West Asia held in New Delhi, External Affairs Ministry...

New Delhi, March 16 – The Directorate General of Shipping has facilitated the safe repatriation of 286 Indian seafarers from the Gulf region so far, including 33 repatriations in the past 48 hours, the government said on Monday.Since the activation of the DG Shipping Control Room, 3,030 phone...

New Delhi, March 14 Amid the escalating conflict in West Asia, Iranian ambassador to India, Mohammad Fathali, on Saturday said Iran has "allowed some ships" to pass through the Strait of Hormuz, a strategic trade route.However, he did not specify the number of vessels that have been allowed to...

New Delhi, March 13 As several India-flagged vessels remain stranded in the Strait of Hormuz due to the ongoing conflict in West Asia, Iran's Ambassador to India, Mohammad Fathali, on Friday said that “we will try our best” to resolve the issue.Speaking to reporters on the sidelines of an...

New Delhi, March 13 – Iranian Ambassador to India, Mohammad Fathali, on Friday indicated that Indian ships could soon get safe passage through the Strait of Hormuz amid escalating tensions in the Middle East, which has brought transit through the crucial waterway to a standstill.Pointing out...

New Delhi, March 10 Commerce and Industry Minister Piyush Goyal said on Tuesday that the government is looking to provide assistance to exporters in the form of insurance to help them deal with the ongoing crisis in West Asia.He said an inter-ministerial group is monitoring developments on a...

Thiruvananthapuram, March 5 – The escalating tensions in West Asia have impacted India's export sector, with shipments of fruits, vegetables, and fish products from Kerala coming to a near standstill.Exporters said the disruption has already caused losses worth several crores of rupees, as...

Kolkata, March 2 The Syama Prasad Mookerjee Port, Kolkata, announced on Monday that it handled 6.193 million metric tonnes (MMT) of cargo in February, registering a growth of 2.31 per cent compared to the 6.053 MMT handled in the same month last year.During April 2025-February 2026, the port...

The policy of Prime Minister Narendra Modi is to make India the first country in the world to have a blue economy.Based on this objective, projects are being implemented, and the Central Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, stated that by 2030, the cargo handling...