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How El Nino is choking the Panama CanalThe Panama Canal will reduce daily ship transits due to a severe drought. This El Nino phenomenon is causing significant water shortages fo...- Adani Ports to launch dedicated Empty Container Yard operations at MundraAdani Ports will launch a dedicated Empty Container Yard at Mundra Port. This facility will offer integrated warehousing and end-to-end con...
- GE Aerospace delivers 3 more F404 engines to HAL for LCA Tejas Mk1A in AugustGE Aerospace delivered three F404-IN20 engines to HAL in August for India's fighter jet program. These engines are crucial for the Light Co...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- Ships adopt makeshift anti-drone defences as Black Sea attacks intensifyTo counter the escalating risk of drone assaults from Russia and Ukraine in the Black Sea, vessels passing through the Bosphorus are equipp...
- EU to hit back at Russia after drone attack as Germany probes new sabotage casesEuropean Union members urged new sanctions against Russia after a drone attack. Germany blamed Moscow for the incident, calling it hybrid w...
- 'Tanker for tanker': Trump's new retaliation policy behind US strikes on IranUnited States forces struck two Iranian government tankers on Tuesday. These strikes were part of a new policy aimed at deterring attacks. ...
- In 2000, San Diego sank the 366-foot HMCS Yukon off Mission Beach; from 2015 to 2020, nine divers recorded 237 observations across 58 marine speciesThe HMCS Yukon, a Canadian warship, was intentionally sunk near Mission Beach to foster a new artificial reef. Initial research from 2004 i...
- Adani calls for new credit rating framework for transformational infrastructureIn a bold move, Gautam Adani has demanded a significant reform of the infrastructure rating models. He criticized current assessments for t...
- Fly-Hi Maritime Travels to hit IPO waters with Rs 52.6 crore BSE SME issue on TuesdayFly-Hi Maritime Travels is preparing to debut its much-anticipated Rs 52.6-crore SME IPO on September 1. With shares priced at Rs 102 each,...
- Singapore diplomat, Myanmar activist, Bangladeshi aid giver win Magsaysay awardsThree Asian individuals received the Ramon Magsaysay Awards for their significant contributions. A Singaporean lawyer led the adoption of t...
- Tata Advanced Systems locks on to Javelin missile co-production in IndiaThe memorandum of understanding (MoU) between Tata Advanced Systems Limited and the Javelin Joint Venture, a partnership between Raytheon a...
- First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystemThe defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are...
- China’s GJ-21 stealth drone spotted as 40,000-tonne Sichuan drone ship nears trialsChina’s GJ-21 naval stealth attack drone has been seen in videos that appear to show flight testing in Liaoning province, according to SCMP...
- Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...
- Automakers thought Canada was getting a trade deal. Then tariffs doubledAutomakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major m...
- Russia-Ukraine war likely to raise import price of sunflower oil, yellow peasThe escalation of the Russia-Ukraine war could raise India’s import costs for sunflower oil and yellow peas, as attacks and shipping disrup...
- India sets eyes on 100 more flagged vessels to cut forex outgoIndia plans to add one hundred flagged vessels within five years. This initiative aims to significantly reduce the nation's foreign freight...
- In 2002, Florida sank a 510-foot Navy ship off Key Largo; the USS Spiegel Grove became one of the world's largest purpose-built ship reefsIn 2002, the USS Spiegel Grove, a decommissioned Navy ship, was purposely sunk near Key Largo to form an artificial reef. This innovative a...
- India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
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