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INDIAN SHIPS
Iran says Indian ships exempt from Strait of Hormuz restrictions, urges military to consider Qatar peace proposalIran has exempted Indian vessels from restrictions in the Strait of Hormuz, along with ships from China, Iraq, and Qatar. The exemption aim...
MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
Sarbananda Sonowal outlines plan to double coastal & waterway freight share to 12% by 2047The Indian government is implementing initiatives to double the share of coastal and inland waterway shipping by 2047. The Coastal Cargo Pr...
GRSE shares jump 9% after signing Rs 32,000 crore Indian Navy contract for five next-generation corvettesGRSE shares surged nearly 9% after securing a Rs 32,000-crore Indian Navy contract to build five Next Generation Corvettes. The nine-year p...
Iran thanks India after airborne commandos recapture pirate-held vessel Azini off Somalia, rescue 20 crew membersIran has thanked India after Indian Navy commandos recaptured the pirate-held fishing vessel Azini off Somalia and rescued all 20 Iranian c...
Why Indian Navy is spending Rs 53,000 crore to buy 8 corvettes? How It will help India to defend India's 7000 km coastline from Pakistan to BangladeshIndian Navy will spend Rs 53,866 crore to acquire eight next-generation corvettes part of a wider effort to strengthen coastal defence and ...
Defence Ministry inks Rs 53,886 crore deals for new indigenous warshipsThe Defence Ministry signed contracts worth ₹53,866.50 crore for constructing next-generation corvettes with public shipyards. Garden Reach...
Govt inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes for Indian NavyThe Ministry of Defence has signed contracts worth ₹53,866.50 crore with Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard (GSL...
Cordelia Cruises targets top-five global cruise market status for India by 2032Cordelia Cruises intends to expand its fleet to enhance domestic cruise tourism and increase capacity. The company currently operates two s...
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
Marshall Islands-flagged LNG carrier with six Indians targeted in Persian Gulf attack; all crew safeOn October 30, an LNG carrier named M/T AL MAYEDA was targeted in a projectile attack. The vessel carried six Indian seafarers along with a...
The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransomOn April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom ...
Japan eyes Indian live firing ranges for missile and drone training as defence cooperation deepensJapan is collaborating with India to enhance defense capabilities, particularly in anti-ship missile training and drone operations. Japanes...
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
Blue Dart launches International Parcel Connect for SMEs, D2CsThis service will enable e-commerce, D2C brands, and SMEs to connect with global customers. With options that cater to both premium and bud...
- India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil...
India woos South Korea, Cyprus to boost shipbuilding and maritime sectorUnion Minister Sarbananda Sonowal engaged South Korean and Cypriot maritime leaders to enhance India's shipbuilding capabilities. Discussio...
Sonowal to pitch India's shipbuilding opportunity to Korean industryThe visit of Union Minister Sarbananda Sonowal to South Korea spans four days, focusing on maritime collaboration. In his address in Busan,...