The Federal Maritime Commission (FMC) reports that it is closely monitoring the impact the current conflict in the Middle East is having on shipping conditions through the Strait of Hormuz. Under its statutory authority, the Commission ensures that rates, charges, and rules that common carriers have implemented as a result of the threats to commercial shipping in the Strait and neighboring waters do not violate the Shipping Act.
PSA Mumbai has achieved a significant milestone by handling 12 million Twenty-foot Equivalent Units (TEUs), underscoring the terminal’s growing importance in India’s container trade and supply chain network.
As India’s digital economy deepens its reliance on interconnected vendor ecosystems, the threat lurking within those very connections has never been more acute. Amidst this, Seqrite, the enterprise security arm of Quick Heal Technologies Limited, a global provider of cybersecurity solutions, cautions Indian organizations about the sharp rise in software supply chain attacks and called for urgent action to secure third-party applications, tools and digital service providers before they become a single point of failure.
A key step to enhance transparency and cooperation in Port State Control (PSC) took place at IMO Headquarters in London (26 February), with the signing of an updated data-exchange agreement between IMO and the Paris Memorandum of Understanding on Port State Control (Paris MoU)
Wan Hai Taiwanese boxship owner Wan Hai Lines has added more ships to its already sizeable newbuilding programme, placing orders for six container vessels at Chinese yards.
The Directorate General of Shipping (DGS) has issued an advisory to shipping lines, carriers and their agents calling for greater transparency in the levy of transaction charges in India’s EXIM trade and cautioning against predatory or opportunistic pricing practices.
Capital Gas Nasdaq-listed gas shipping company Capital Clean Energy Carriers has appointed energy industry veteran Martin Houston as chairman, with outgoing chair Keith Forman moving into a new role as vice-chairman.
DOF Norwegian offshore vessel owner DOF has secured another long-term contract in Brazil, adding a four-year deal with Petrobras for the ROV support vessel Skandi Commander.
T&T Infra Limited has received a letter of award (LoA) worth Rs 1,787.97 million for implementation of the Dwarka Chowk Grade-Separator Project. Bids for the same were invited by the Maharashtra State Infrastructure Development Corporation Limited (MSIDC) in December 2025. The completion period is 12 months.