shipping

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 cope with the ongoing crisis in West Asia.He said an inter-ministerial group is monitoring the situation on a...

Mumbai, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the conflict in...

Islamabad, March 9 The Pakistan Navy (PN) said on Monday that it has launched 'Operation Muhafiz-ul-Bahr' to counter multi-dimensional threats to national shipping and maritime trade.According to a statement by the army, the operation comes in light of the evolving regional maritime security...

Mumbai, March 9 Jawaharlal Nehru Port said on Monday that the number of stranded containers at the facility has been reduced from around 5,000 TEUs on March 1 to nearly 3,200 TEUs on March 8, following sustained coordinated efforts taken in the face of disruptions due to the West Asia crisis...

New Delhi, March 9 Iran had sought India's permission for three of its ships to dock at Indian ports, and the approval was granted the next day, External Affairs Minister S Jaishankar said on Monday, amid tensions in the Indian Ocean region following the sinking of an Iranian warship by the US...

As Operation Epic Fury, led by the US and Israel, enters its tenth day, Iran has appointed a new Supreme Leader. State media reports that Mojtaba Khamenei will succeed his father, Ayatollah Ali Khamenei, who was killed at his compound in Tehran during the initial US and Israeli strikes. Israel...

New Delhi, March 6 – Union Commerce Minister Piyush Goyal said on Friday that talks were underway with the Shipping Ministry and shipping companies to facilitate the release of cargo stranded due to the conflict in the Middle East.The government will explore ways to ease the burden on...

New Delhi, March 6 The government will use all policy tools and support measures to help domestic exporters deal with the ongoing West Asia crisis, Commerce and Industry Minister Piyush Goyal said on Friday.He said that the government has set up an inter-ministerial group to look into the...

New Delhi, March 6 The government will use all policy tools and support measures to help domestic exporters cope with the ongoing crisis in West Asia, Commerce and Industry Minister Piyush Goyal said on Friday.He said that the government has set up an inter-ministerial group to look into the...

Kolkata, March 5 Indian tea exports could face significant disruption if tensions in the Middle East escalate further and shipping through the Strait of Hormuz is affected, according to the Tea Association of India.The association said that a substantial portion of India's tea shipments to key...

Washington, March 4: Oil and natural gas prices surged sharply as the war involving Iran raised fears about disruptions to the Strait of Hormuz, a key shipping corridor for global energy. This prompted US President Donald Trump to take steps to reassure markets and protect tanker traffic...

New Delhi, March 3 The government has established an inter-ministerial group, which is meeting daily to closely monitor developments in West Asia, Commerce Minister Piyush Goyal said on Tuesday.Exporters have expressed concerns that escalating tensions in the West Asian region due to joint...

The Directorate General of Shipping has stated that three Indian seafarers, serving on board foreign-flagged vessels, were killed and one person was injured amidst the escalating tensions in the West Asia region.The Directorate, IFC-IOR, MRCC, and other authorities are maintaining close...

Closely monitoring the evolving security situation in the Persian Gulf, the Strait of Hormuz, the Gulf of Oman, and surrounding sea areas: Director-General of Shipping.

New Delhi, March 2 The government held discussions with exporters and logistics players on Monday to assess the impact of escalating tensions in the West Asian region on India's trade and assured all measures to mitigate any disruptions.The US and Israel jointly launched military strikes on...

New York, March 2 Amid escalating tensions in West Asia following US-Israel strikes against Iran, a leading Indian-American maritime executive has expressed concern over the impact on the crucial oil artery of the Strait of Hormuz and the implications for global oil prices."Shipping is the...

New Delhi, February 28 With a joint attack by the US and Israel on Iran triggering a major military confrontation in the Middle East, Indian exporters said on Saturday that this development is expected to increase transportation and insurance costs, potentially disrupting shipments to the US and...

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...

Union Minister for Shipping and Waterways, Sarbananda Sonowal, inaugurated and laid the foundation for several port projects worth approximately ₹1500 crore today. These projects include the VOC Maritime Heritage Museum, the laying of the foundation stone for an 8 MW wind farm, and a 5 MWh...

Kochi, February 19 Cochin Shipyard Limited (CSL) has signed a major contract with French shipping giant CMA CGM for the construction of LNG dual-fuel vessels, a move expected to boost India's global shipbuilding capabilities and align with the transition towards green maritime practices...