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PORT REGULATORY AUTHORITY
Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
Adani says US legal issues behind it, bets on AI-driven infrastructure boomGautam Adani announced the Adani Group has overcome US legal challenges and is accelerating investments in energy, transport, and digital i...
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
Indian banking system robust despite West Asia crisis, falling forex reserves: ExpertsAmid the turbulent times following the West Asia escalations, financial leaders expressed strong confidence in the resilience of the Indian...
Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperationAdani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent vio...
India spots an export champion in a sector tariffs failed to sinkIndia's seafood sector has demonstrated remarkable resilience, transforming a 50% US tariff into a catalyst for growth. Through strategic m...
Welspun One leases 65,000 sq ft at JNPA SEZ to Balmer Lawrie for SEZ warehousing expansionWelspun One and Balmer Lawrie have signed an agreement for warehousing space at WTC Nhava Sheva. This marks Welspun One's first partnership...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
Iran expresses 'full readiness' to provide 'maritime services, technical support' to commercial ships in HormuzIran's maritime authority is ready to provide essential services to ships in the Strait of Hormuz. This comes after US President Donald Tru...
Why did oil prices crash today? $920 million crude oil short placed 70 minutes before US-Iran 14-point deal report — was someone trading on inside information?Oil prices crash today: Nearly $920 million in crude oil shorts entered the market just 70 minutes before reports claimed the US and Iran w...
Cyberattacks surge across UAE amid Iran conflict, businesses face disruptions and rising risksCyberattacks are surging across UAE and Gulf. Financial services, government platforms, and utilities face a sustained wave of breaches. Cy...
Maximum Mumbai: India's financial capital is seeing its biggest infrastructure push yet. But, is it enough?Mumbai has been undergoing an unprecedented infrastructure push in the 2020s, with over $60 billion being invested in metro networks, expre...
Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burdenShip safety in the Strait of Hormuz draws attention to vessel flagging. India is boosting its flagged fleet. The Maritime Amrit Kaal Vision...
Ports listing concessions for stranded containers on websiteIndian ports are now displaying stranded cargo eligible for concessions on their websites. This move aims for transparency and ensures expo...
West Asia crisis is not a profiteering opportunity: Shipping Minister Sarbananda SonowalMinister Sarbananda Sonowal stated the West Asia crisis must not be exploited for profit. He directed transparency in shipping charges and ...
DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...
DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
New tariff guidelines for major ports soonWhilst tariffs of major port trusts are regulated following cost plus return approach, non-major port trusts do not fall under tariff regul...
- New bill gives private ports, states that sinking feeling
The union government will introduce a bill, the Port Regulatory Authority Bill, in the next session of Parliament to regulate all ports in ...