In March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...

Russia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.

Aegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...

The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...

The Pentagon has certified General Dynamics Bath Iron Works to construct a second guided-missile destroyer. This decision reflects improvem...

In a recent dialogue, the Saudi Ports Authority expressed a strong desire to invest in India's maritime sector. Key discussions revolved ar...

The US Navy has secured a deal worth up to $24.4 billion with Raytheon to ramp up production of Standard Missile-6 interceptors over five y...

JNPA will become the first Indian port to deploy shore power technology at scale commercially. IFC's long-term financing is expected to sup...

Saudi Arabia’s MASNA Ventures plans to raise its defence-focused venture capital fund to $150 million and invest more in local manufacturin...

Sagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritim...

China has privately urged Iran to help control Yemen's Houthis. Saudi Arabia sought Beijing's assistance as Houthi threats grew significant...

US drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...

Drydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Rep...

Russian President Vladimir Putin proposed an NDB-based investment platform to fund trade, infrastructure, logistics and technology projects...

Iran's Revolutionary Guards are currently mentoring Houthi forces along Yemen's Red Sea coastline, reinforcing their strategic control over...

Fly-Hi Maritime and Farm Peace are set to make their BSE SME debuts today, September 8, after their IPOs attracted modest demand. Fly-Hi Ma...

Naval engineer Ilya Espino de Marotta now leads the Panama Canal administration. Her immediate priority involves advancing a significant re...