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INDIA SHIPPING VESSELS
India sets eyes on 100 more flagged vessels to cut forex outgoIndia plans to add one hundred flagged vessels within five years. This initiative aims to significantly reduce the nation's foreign freight...
Indian Navy to induct Nipun on August 31: Meet the indigenously built vessel for deep-sea diving and submarine rescueThe Indian Navy is set to welcome its second Diving Support Vessel, Nipun, on August 31. This vessel, developed domestically, significantly...
US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
Six months on, Hormuz remains disrupted as ships stay awaySix months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-...
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
GRSE, YIL step up shipbuilding, defence manufacturing capacity in West BengalGarden Reach Shipbuilders and Yantra India are expanding defence manufacturing capabilities. Five brownfield projects will involve investme...
In April 2023, an Indian plant began converting 2,000 metric tons of cashew residues monthly into marine fuel. Now, the refined oil has passed real-world ocean trials, linking a village waste stream to global shippingA plant near Hebri, India, converts cashew processing waste into biofuel and biochar. This facility now processes nearly two thousand metri...
India poised to become global shipbuilding hub: Defence Minister Rajnath SinghIndia is set to become a global shipbuilding hub, addressing a market vacuum. The nation will focus on design, manufacturing, and MRO servi...
Coast Guard deploys 3 ships to find 22 missing crew off ParadipA search and rescue operation commenced on August 22, 2026, after MV Ocean Winner lost contact. Two survivors were rescued from life rafts ...
Two rescued, 22 missing after cargo ship sinks off eastern IndiaA Panama-flagged cargo vessel sank off India's eastern coast on Saturday. The ship carried twenty-four crew members, including twenty Chine...
Anti-submarine warfare vessel INS Mangrol delivered to Indian Navy by Cochin Shipyard LimitedCochin Shipyard delivered the INS Mangrol anti-submarine warfare craft to the Indian Navy. This naval craft is built with over eighty perce...
South Korean container ship sets sail on first commercial Arctic voyage to EuropeA South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern...
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
Two vessels with 22 Indians on board hijacked by pirates in Yemen, SomaliaIn a troubling episode, pirates have seized two commercial vessels, leaving 22 Indian nationals on board. The first vessel, an oil tanker w...
US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leadsIndia's tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top ...
Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027India plans its first cargo ship voyage along the Northern Sea Route next year. Russia's Arkhangelsk region is discussing economic potentia...
'India showing interest in Northern Sea Route cooperation,' says Putin as he warns of 'artificial tensions' in ArcticRussian President Vladimir Putin said India is among countries showing growing interest in cooperating with Moscow on the Northern Sea Rout...