The Central Government has given major relief to the units established in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat, by exempting them from the requirement to obtain a licence for foreign vessels taken on charter.
A significant milestone has been achieved at Visakhapatnam Port Authority, with MV Graceous, a Capesize bulk carrier managed by Anglo-Eastern on behalf of Teh-Hu Cargocean, becoming the largest vessel ever to enter the port’s inner harbour.
Container Corporation of India Ltd. (CONCOR) has achieved a significant milestone in its international logistics operations by successfully dispatching its first overseas export shipment in CONCOR-owned containers from the Multi Modal Logistics Park (MMLP), MIHAN, Nagpur, to Jebel Ali, United Arab Emirates.
Freight rates for transporting Russia’s Urals crude to India have declined as increased tanker availability has eased pressure on shipping capacity. The improved supply of vessels has reduced transportation costs for oil traders and refiners, supporting the continued flow of Russian crude to one of its largest export markets.
Ocean Network Express (ONE) has announced the launch of its new India–North America Express (INX) service, scheduled to commence in August, further strengthening direct container shipping connectivity between the Indian subcontinent and North America. The new service is aimed at meeting growing trade demand while providing customers with faster transit times, enhanced schedule reliability, and expanded cargo capacity on one of the world’s fastest-growing trade corridors.
"As long as the safety and security of crews cannot be assured, I urge flag States, shipowners, ship operators and all relevant authorities to avoid exposing seafarers to unnecessary danger"- IMO Secretary General
The Central Government has given major relief to the units established in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat, by exempting them from the requirement to obtain a licence for foreign vessels taken on charter.
India’s maritime education ecosystem has undergone a transformative expansion over the past 12 years, with the Indian Maritime University (IMU) emerging among the world’s leading maritime universities while significantly strengthening industry partnerships, research, innovation and workforce development aligned with the country’s long-term maritime ambitions. The progress was reviewed during a meeting chaired by Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal here on Monday.(6 July)
Sam Chambers European shipping companies will not be forced to pay twice for carbon emissions under both European and International Maritime Organization regulations, European commissioner for sustainable transport and tourism Apostolos Tzitzikostas told delegates at the official opening of Posidonia 2026.
Iran has said it plans to charge service fees for ships transiting the Strait of Hormuz, but countries considered friendly to Tehran may receive special treatment. The proposal comes as Iran works with Oman on a new framework for managing passage through the strategic waterway, which carries a major share of global oil and cargo traffic.
Khavda in Kutch, Gujarat, is the site of the world's largest renewable energy plant. Spread across 538 sq km of barren land, the project has a planned capacity of 30 GW, covering an area five times the size of Paris and almost as large as Mumbai
Credits: Screengrab from PFL Video Five maintenance workers were killed Saturday morning when a fuel tanker barge exploded on the Paraguay River, in one of the deadliest recent accidents involving river vessels in Paraguay.