U.S. President Donald Trump said on Saturday that many countries would send warships to keep the Strait of Hormuz open for shipping, but did not provide details on which countries …
Hindu Business Line
Latest maritime news from Hindu Business Line 50 articles shown
Want email alerts?
Sign in with LinkedIn
Recent Articles
The ongoing West Asia crisis has left nearly 23,000 Indian seafarers stranded across the Gulf region, with hundreds of them on board vessels currently stuck near the Persian Gulf. According …
Maritime platform Lila Global has acquired a very large crude carrier (VLCC), Lila Jamnagar, marking the first instance of a vessel of its kind being structured through the International Financial …
The US-Israeli war on Iran has threatened Gulf ports and disrupted global trade through the Strait of Hormuz through which roughly a fifth of the world’s oil and liquefied natural …
The commander of Iran's Islamic Revolution Guards Corps (IRGC) Naval Force has said that vessel seeking to sail through the Strait of Hormuz must obtain Iran's approval; otherwise, it could …
Directorate General of Shipping (DGS) has asked shipping lines to refrain from non-transparent and opportunistic pricing.. This follows complaints from exporters regarding levy of multiple ancillary charges that are deemed …
GMS, the world’s largest buyer of ships for recycling, has urged the European Commission to approve qualified Indian ship recycling facilities for inclusion in the European list under the European …
India is waiting for clarity on various operational aspects of the marine reinsurance facility being offered by the US International Development Finance Corporation (DFC), including on the selection criteria for …
Secretary-General of International Maritime Organization Arsenio Dominguez said on the reports of seafarer fatalities in West Asia, “I am alarmed and deeply saddened to hear of a deadly attack on …
On March 23, 2021, the MV Ever Given ran aground in the Suez Canal and stayed there for six days. The ship was 400 metres long; the canal at its …
Union Shipping, Ports and Waterways Ministry has proposed that ports may consider requests regarding reduction, waiver or remission of charges, including change of vessel charge, and also rolled out a …
With Swiss shipping major Mediterranean Shipping Company (MSC) declaring “end of voyage” for Gulf-bound shipments amid the Iran–Israel conflict, attention has now turned to where the diverted containers will actually …
Shipping company MSC said on Saturday it would implement an emergency fuel surcharge to all cargo from the Mediterranean (including West Mediterranean, Adriatic, East Mediterranean, Greece and Turkey) and Black …
The Maharashtra government on Saturday signed a memorandum of understanding (MoU) with three Finnish companies to modernise Sassoon Dock and transform it into a world-class fishing harbour. The Maharashtra Fisheries …
At least 101 people were missing and 78 wounded after a submarine attack on an Iranian ship off Sri Lanka's coast, sources in Sri Lanka's navy and defence ministry told …
As many as 37 Indian-flagged ships with over 1,000 seafarers are stuck in the Persian Gulf, the Gulf of Oman and the adjoining sea areas as the key shipping route …
Freight carriers will have to pay an additional premium to restore war cover for shipments passing through high-risk areas amid the escalating crisis in West Asia, experts said. Vessels of …
The world’s biggest container shipping companies are revising their sailing schedules as the US and Israel’s war with Iran threatens to disrupt ocean freight in the Persian Gulf region — …
CMA CGM, the French container shipping giant, has imposed an emergency conflict surcharge between $2,000 and $4,000 per container on cargo moving through the Middle East and surrounding waters effective …
Some oil majors and top trading houses have suspended crude oil, fuel and liquefied natural gas (LNG) shipments via the Strait of Hormuz as the US and Israel attack Iran …
AP Moller-Maersk has signed an order for eight large vessels with New Times Shipbuilding Co Ltd in China. All eight ships will have the same characteristics and make up a …
India’s cruise market can scale meaningfully only when ships begin sailing regularly from domestic ports, according to Varun Chadha, Chief Executive Officer of TIRUN Travel Marketing. In an interaction with …
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet. The three …
Stay Updated with Hindu Business Line
Never miss important maritime news from Hindu Business Line. Set up personalized alerts or search for specific topics to stay informed about industry developments.