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MERCHANT SHIPPING OWNERSHIP
Bigger proportion of non-Iran ships crossing Hormuz strait: DataThe proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
- India’s reliance on foreign ships a strategic risk: Sanjeev SanyalIndia's reliance on foreign vessels for trade presents a significant strategic challenge. With a major share of goods transported overseas,...
- India's dependence on foreign vessels a strategic weakness; govt plans expansion of domestic maritime capabilities: Sanjeev SanyalIndia is significantly boosting its domestic maritime capabilities to address a strategic weakness in its reliance on foreign ships for tra...
- Parliament approves The Merchant Shipping Bill, 2025Parliament has given its approval to The Merchant Shipping Bill, 2025, which aims to broaden the criteria for owning merchant shipping vess...
- Shipping Bill passed in Lok Sabha amid SIR protestsParliament witnessed disruptions due to Opposition protests. Despite the uproar, the government successfully passed the Merchant Shipping B...
- Lok Sabha passes Merchant Shipping (Amendment) BillThe Lok Sabha passed the Merchant Shipping Bill, 2024, amidst opposition protests, aiming to modernize maritime legislation and address Ind...
- Monsoon Session of Parliament: Economic bills on tax, shipping and minerals likely to be discussedParliament's Monsoon session is set to begin. Several economic bills are lined up for discussion. These bills focus on tax reforms and ship...
- Plan in works to merge coastal shipping with inland waterwaysUnder the new bill, Indian ships will not require separate licences. It will be presumed that they have got approvals when the vessel is re...
- 'We need to look beyond the flag of the ship': IFSCA chairperson K RajaramanShip leasing from GIFT City is drawing global attention as India aims to improve its modest 1.4% share of global shipping tonnage. Key comp...
- US, French military shoot down Houthi drones after attack on carrier, warshipsAmerican and French forces down dozens of drones in the Red Sea after Houthis target ships. The Houthis, an Iran-aligned group, attacked th...
- Insurers seek to exclude US, UK ships from Red Sea coverageHouthi militants have stepped up attacks on commercial ships in the past few days, making good on a threat to respond to airstrikes that th...
- Russian oil still going through Red Sea despite Houthi missilesNo tankers carrying Russian crude have yet diverted to avoid the southern Red Sea, according to tanker tracking data monitored by Bloomberg...
- Tanker giants sprout from nowhere to keep Russian oil movingTwo little-known companies, Mumbai's Gatik Ship Management, and Dubai's Fractal Shipping have emerged as key players in Russia's vast new p...
- New bill proposes allowing foreigners to own upto 49% stake in vessels flagged in IndiaThe ports, shipping and waterways ministry has issued the draft Merchant Shipping Bill, 2020, making way for these changes.
- Govt issues draft 'Merchant Shipping Bill, 2020' for public consultationThe Merchant Shipping Bill, 2020 has been drafted with the primary aim of promoting the growth of Indian shipping industry by incorporating...
- Govt proposes safeguards for Indians hired by foreign shipping cosUnder new rules cleared by the Union Cabinet, foreign carriers will be required deposit a bank guarantee of up to Rs 20 lakh with the Direc...
- Govt allows 100% FDI in teaNEW DELHI: In a major decision that will give a boost to the tea industry, Cabinet today approved FDI up to 100% in the sector.
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