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MARITIME INFRASTRUCTURE
Deendayal Port Authority issues LoA to Essar Ports Ltd. to develop Multi-Purpose Cargo Terminal at Tuna TekraDeendayal Port Authority has issued a Letter of Award to Essar Ports Ltd. for developing a Multi-Purpose Cargo Terminal. This terminal will...- SpaceX Q3 revenue soars 161% YoY on AI business growth, beating estimatesElon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI busines...
- In 2026, Kofi Asante-led Bluecore Energy raised $50 million to put small nuclear reactors on floating bargesA nuclear power plant that floats on water and sends electricity to shore may sound unusual, but one startup wants to make it a reality. Bl...
- The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
- Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
- DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global tradeDP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for fa...
- Indian Navy inducts multi-purpose INS Samarthak, a drone mothership and weapons testbed, the first major warship built by a private shipyardSamarthak, the first multi-purpose vessel built by a private shipyard to be commissioned into the Indian Navy, has entered service with mor...
- Bet Dwarka Corridor: Underwater darshan, 108-foot Krishna statue, how Gujarat plans to transform Krishna's landGujarat's proposed Bet Dwarka corridor aims to improve pilgrimage facilities and tourism infrastructure around the island associated with L...
- India working to bring back 4 nationals rescued in Ethiopia after being kidnappedFour Indian nationals from Punjab were kidnapped in Ethiopia and later rescued by local law enforcement agencies. The Indian Embassy in Add...
- Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis 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...
- Why Saudi Arabia may keep Israel out of its fight against Yemen’s Houthis despite escalating missile attacks, rising security threatsSaudi Arabia's Crown Prince Mohammed bin Salman has declined Israeli Prime Minister Benjamin Netanyahu's request for military cooperation a...
- "India stands ready to work with ASEAN as reliable, equal partner": Rajnath SinghDefence Minister Rajnath Singh on Wednesday called for stronger defence cooperation between India and ASEAN countries, including joint rese...
- Shipping ministry launches 2 credit risk insurance products for ship building industryThese policies include the Shipbuilding Project Credit Risk Insurance Policy for export projects and the Business Credit Shield Policy for ...
- The next Iran war could be bigger, wider and harder to containIran is actively preparing for potential military engagements that could provoke a major regional conflict. The escalation of Houthi attack...
- The Andaman Islands could be India's next big trade trump cardIndia is focusing on strengthening the Andaman and Nicobar Islands' strategic maritime role for regional trade. The upcoming Andaman Dialog...
- Oman tanker attack: Union seeks 'urgent status update' on two Indian seafarers missing after drone strikeTwo Indian seafarers, Bir Bahadur Yadav and Amit Singh, are missing following a recent drone attack. The drone strike on MT Petro Dolphin o...
- MEA condemns attacks on two vessels in Hormuz region, calls for de-escalationThe Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valther...
- Kandla Port courts global hydrogen firms for green-fuel, shipping projectsThe Kandla Forum 2026, hosted by Deendayal Port Authority, brought together over 200 professionals from the clean-energy sector, both globa...
- India, EU launch industry coalition for green shipping corridorIndia and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner ma...
- Indian Navy to get 43,500-tonne ‘Surya’ ship as Rajnath Singh lays keel at HSL in VisakhapatnamDefence Minister Rajnath Singh on Tuesday inaugurated major shipbuilding and maritime infrastructure projects at Hindustan Shipyard Limited...
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