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SOVEREIGN MARITIME FUND
What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American officialThe U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to f...
Trump Iran deal full text, key highlights, clauses: What is in it?Trump Iran deal includes key issues such as the reopening of Strat of Hormuz and nuclear weapons sanctions.
Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...
SpaceX playbook set to fuel China's IPO ambitions but tech gap persistsIn China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamen...
The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
PM Modi courts Norwegian investment in shipping, green transitionAt an international business summit, Prime Minister Narendra Modi welcomed Norwegian enterprises to seize investment opportunities in India...
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
UAE defends OPEC exit; Warns Hormuz must stay open amid West Asia tensionsThe UAE has exited OPEC and OPEC+ stating it is a sovereign decision. This comes after an ADNOC tanker was hit by Iranian drones in the Str...
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
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, ...
Ministries meet to put a cover on ships in war zoneIndian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...
Gulf SWFs may go sovereign with oil revenue set to dropGulf sovereign wealth funds might shift investments inward if the Strait of Hormuz remains blocked due to the Iran-Israel conflict. This co...
Govt to boost Maritime Development Fund to ₹70,000 crore, nearly triple budget allocationThe Indian government is significantly increasing the Maritime Development Fund to ₹70,000 crore, aiming to bolster the maritime sector. Th...
Spacetech startup Xovian raises $2.5 million to build radio frequency satellitesThe pre-seed funding round was led by Piper Serica and Turbostart, with participation from Inflection Point Ventures (IPV) and support from...
PM Modi invites Nordic investment in SagarmalaModi and the PMs of Denmark, Iceland, Finland, Sweden and Norway participated in the summit at Christiansborg Palace in Copenhagen, Denmark...
India, Norway explore widening maritime partnership and developing the Blue EconomyBoth sides noted the activities undertaken under the Joint Working Groups (JWG) on Maritime, Marine, Hydrocarbons, Environment, Science and...
Norway wealth funds hoping to expand footprints in IndiaThe survey was conducted to assess the current and near future business climate for Norwegian companies with specific focus on the maritime...
China operationalises $40 billion Silk Road fund to build major infrastructure projectsChina Investment Corp, the country's sovereign wealth fund, will hold 15 per cent stake in the Silk Road Fund.
- China boosts investments in debt-hit Greece
China pledged to encourage investment in debt-hit Greece and signed a maritime accord and sealed 13 deals with Greek companies. Is worst ov...
- China eyeing major Greek investments: report
China plans to invest billions of euros in shipping, logistics and airport projects in Greece, as the European nation battles to slash its ...