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SHIPPING INDUSTRY
All 19 Indian seafarers safe after tanker "attack" off UAE: Shipping Minister SonowalUnion Minister Sarbananda Sonowal confirmed the safety of Indian seafarers following multiple attacks on tankers. The crude oil tanker MT D...- Indian companies propose $7.05 billion in overseas borrowings in SeptemberIndian companies proposed $7.05 billion in overseas borrowings through ECBs and foreign currency convertible bonds in September 2026. Infra...
- IIT Madras develops real-time digital twin platform for autonomous maritime navigationResearchers at IIT Madras have created SEANAV, a digital twin platform for testing autonomous maritime navigation systems. This innovation ...
- CII summit puts spotlight on Naidu's importance as key NDA ally, Centre's show of strengthThe CII Partnership Summit is scheduled for November 12-13 in Visakhapatnam, featuring key Union ministers and the Vice-President of India....
- Indian Navy's INS Betwa to get diesel propulsion system in Rs 500-crore refitThe Ministry of Defence executed a contract worth Rs 498.58 crore for the refit and upgrade of INS Betwa. This project replaces the frigate...
- Trump's Iran war pause is as costly as new strikesGulf energy producers are facing higher operational costs due to the ongoing conflict with Iran. While crude oil exports have shown a recov...
- Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopesOil prices rose after a two-month decline due to ongoing tensions in the Iran war and attacks on shipping. Brent futures climbed following ...
- China's trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%Exports in October surged 35.2% from a year earlier, the customs agency said. Exports have grown rapidly this year, supported by high-tech ...
- Recent Ukrainian attacks have reduced Russia's oil processing capacity by 30%, sources sayUkraine's attacks on Russian oil refineries add to Moscow's difficulties in addressing domestic fuel shortages as it ships diesel to intern...
- China’s high-tech ports push raises global trade ambitions, sparks security concernsChina is expanding its global maritime influence through AI-powered automated ports, smart shipping technologies and digital infrastructure...
- When AI starts operating machines, the network becomes industrial infrastructureAs manufacturing and automation expand together, networks built to serve billions of people will increasingly serve tens of billions of mac...
- China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per centChina's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports incre...
- India’s LNG buyers eye flexi deals to cut risks after Iran war hit Qatar supplyIndian LNG buyers are seeking more flexible long-term supply contracts after the Iran war disrupted shipments through the Strait of Hormuz ...
- India’s oilmeal exports fall 28.5% as cheaper Brazilian, Argentine soymeal squeezes shipmentsIndia's oilmeal exports fell 28.51% year-on-year to 12.82 lakh tonnes in April-August FY27, dragged by a 73% plunge in soybean meal shipmen...
- 56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
- Russia says hit power substations in Ukraine and three ships in Black SeaRussia conducted overnight strikes that reportedly targeted three cargo vessels linked to Ukrainian military supplies. The vessels were str...
- Gas hunt: RIL, ONGC, BP may share $1-billion infra facilityThe shared infrastructure, under the $1-billion plan, model aims to reduce development costs, eliminate standalone facilities for smaller d...
- 56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
- In 2024, the US military sank the 360-foot Monarch Countess weighing 2,743 tons; the retired vessel now rises 100 feet from the seafloor in 180 feet of waterThe Monarch Countess, a roll-on/roll-off vessel, now rests serenely on the Gulf of Mexico's seabed. This ship, having been adapted for mili...
- AI selloff drags Nikkei lower despite broad-based market gainsJapan's Nikkei 225 fell 0.5% on Thursday as losses in AI and semiconductor stocks offset gains across the broader market. Concerns over a p...
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