The Indian Government is considering deploying Indian Navy ships to escort ships stranded in the Persian Gulf, said a senior government official. Decision will be taken in two days, the source said. Shipping industry sources estimate that some 10% of the oil tankers and gas carriers stranded in the Persian Gulf are Indian flagged. State-owned Shipping Corporation of India is among the major global ship owners whose ships amounting to more than 8 lakh tonnes of cargo carrying capacity are among the stranded, as per data from Lloyds List Intelligence. This would be equivalent to nearly 6 million barrels of oil.
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 deadly attack on a vessel in the Strait of Hormuz has prompted Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), to warn that seafarers must not become targets of escalating regional tensions.
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.
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel Trump administration officials on Sunday(8 Mar) defended a decision to temporarily lift some sanctions on Russianoil and predicted that a sharp increase in gasoline prices resulting from the Iran war would last only weeks.
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.