Traffic through Strait of Hormuz slows after attack on shipStrait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, sever...
26 Jun, 2026, 04.40 PM IST
India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
22 Jun, 2026, 07.14 PM IST
India becomes world's largest ship recycling nation ahead of 2030 targetIndia has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumpe...
22 Jun, 2026, 06.29 PM IST
At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
19 Jun, 2026, 12.20 PM IST
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
15 Jun, 2026, 10.52 PM IST
Global shipping insurance may shift if sanctions end, Bimco saysNikolaus Schues, president of Bimco, suggests that new insurers supporting Russia's shadow fleet could be integrated into the global shippi...
26 Mar, 2025, 08.52 AM IST
Is India losing focus on International Shipping Industry?India's seafaring industry has grown significantly, with the country now the fifth largest supplier of seafarers worldwide. Despite the gro...
12 Aug, 2024, 03.06 PM IST
Take maritime shipping off the inflation warning listThese latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are be...
12 Apr, 2024, 09.38 AM IST
US sinks 3 ships, kills 10 after Houthi Red Sea attackThe naval battle occurred around 0330 GMT on Sunday as the attackers sought to board the Singapore-flagged Maersk Hangzhou, Maersk and U.S....
01 Jan, 2024, 11.10 AM IST
Maersk pauses Red Sea sailings after Houthi attack on container shipIranian-backed Houthi militants attacked a Maersk container vessel in the Red Sea, prompting the company to pause all sailing through the a...
31 Dec, 2023, 10.00 PM IST
World faces shortage of merchant sailors to crew ships: StudyThe study released by BIMCO and ICS estimated that 1.89 million seafarers were operating over 74,000 vessels in the global merchant fleet.
29 Jul, 2021, 09.50 AM IST
Budget 2015 brings good news for ports, sailorsThe Union Budget has revitalised the Indian shipping and ports sector, paving the way for corporatisation of major port trusts and bringing...
02 Mar, 2015, 04.43 AM IST
- Government holds the cards for shipping industry turnaround: Bimco
Without the political responsibility, will and decisiveness, the prospect for a recovery is bleak, says Baltic and International Maritime C...
20 Aug, 2012, 05.41 PM IST
- Essar may partner with local firm in Zimbabwe
Essar Africa Holdings, an international subsidiary of the Essar Group, may be asked to bring in a local partner in Zimbabwe for reviving a ...
12 Jul, 2012, 04.26 AM IST
- Container lines like Maersk steam slower to restore profit
Container ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.
27 Jan, 2012, 02.59 AM IST
- Essar Group to invest $750 mn to revive Zimbabwe Iron and Steel Co
This development closes the transaction process that Essar started in August 2010, with a public tender through Essar Africa, for the major...
04 Aug, 2011, 07.22 AM IST
- Govt clears decks for setting up country's first maritime university
The ministry of shipping has cleared the ground for setting up a maritime university in the country. The ‘Indian Institute of Maritime Stud...
30 Sep, 2002, 04.53 AM IST