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NewsDrum - Business - News Image
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BusinessApr 03, 2026 04:31 PM

West Asia conflict: Kin of India's first victim move HC, seek return of mortal remains

Mumbai, Apr 3 (PTI) The family of a 25-year-old seafarer, killed in a suspected drone boat attack off the Oman coast last month during West Asia conflict, has moved the Bombay High Court seeking directions to the Union government to bring his mortal remains. The petition, filed by Dixit Solanki's father Amratlal and sister Mitali, will be heard on April 6 before a bench headed by Chief Justice Shree Chandrashekhar. The plea filed through advocates S B Talekar and Madhvi Ayyappan claims lack of ...Read More >

LatestLY - Business - News Image
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BusinessApr 03, 2026 04:30 PM

Business News | India, South Korea Sign Pact to Boost Skill Development in Shipbuilding Sector | Lat...

New Delhi [India], April 3 (ANI): The Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Plan of Implementation with the Korea International Cooperation Agency (KOICA) to strengthen skill development in India's shipbuilding and marine sector, marking a significant step towards enhancing maritime capabilities. In an official statement on Friday, the Ministry of Ports, Shipping and Waterways stated that the agreement signed on Thursday aims to support the development of a skilled work ...Read More >

LatestLY - Politics - News Image
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PoliticsApr 03, 2026 03:53 PM

India News | Government Approves Rs 132.51 Crore for Critical Port Connectivity Project at Kandla | ...

New Delhi [India], April 3 (ANI): In a significant step towards strengthening port-led development in the country, the Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, has approved the construction of a Road Over Bridge (ROB) at LC-235 at Deendayal Port Authority. The project is estimated at a cost of Rs 132.51 crore. As per the Ministry of Ports, Shipping and Waterways, "The project forms an integral part of the Government of India's flagship Sagarmala Programme and ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 03:50 PM

India, South Korea sign pact to boost skill development in shipbuilding sector

New Delhi [India], April 3 (ANI): The Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Plan of Implementation with the Korea International Cooperation Agency (KOICA) to strengthen skill development in India's shipbuilding and marine sector, marking a significant step towards enhancing maritime capabilities. In an official statement on Friday, the Ministry of Ports, Shipping and Waterways stated that the agreement signed on Thursday aims to support the development of a skilled work ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 03, 2026 03:49 PM

Bombay HC Seeks Return Of Indian Seafarer's Remains As Family Cites Right To Dignified Last Rites Un...

Mumbai: The family of a young Indian seafarer who died in a suspected maritime attack has approached the Bombay High Court seeking the return of his mortal remains, stressing their right to perform last rites with dignity. Petition filed by father and daughter urges expedited process A petition filed by Amratlal Solanki (64) and his daughter Mitali Solanki (33), through advocates Satish Talekar and Madhvi Ayyappan, urges authorities to expedite the repatriation process. The plea cites a lack o ...Read More >

The Telegraph - Business - News Image
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BusinessApr 03, 2026 03:45 PM

Kin of first Indian victim in West Asia conflict approach Bombay high court for return of mortal rem...

Dixit Solanki (25) was killed on March 4 when an explosive-laden drone boat struck an oil tanker -- MT MKD Vyom -- off the coast of Oman amid the West Asia conflict, becoming its first Indian casualty The family of seafarer Dixit Solanki who died last month in a suspected attack on a merchant vessel off the coast of Oman has moved the Bombay High Court, seeking the return of his mortal remains. The petition, filed by Solanki's father Amratlal Solanki and sister Mitali Solanki through advocates ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 03, 2026 03:43 PM

Government approves Rs 132.51 crore for critical port connectivity project at Kandla

New Delhi [India], April 3 (ANI): In a significant step towards strengthening port-led development in the country, the Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, has approved the construction of a Road Over Bridge (ROB) at LC-235 at Deendayal Port Authority. The project is estimated at a cost of Rs 132.51 crore. As per the Ministry of Ports, Shipping and Waterways, "The project forms an integral part of the Government of India's flagship Sagarmala Programme and ...Read More >

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BusinessApr 02, 2026 06:35 PM

India secures crude oil supplies for next 60 days amid global volatility : Govt

New Delhi, Apr 2 (UNI) India has secured crude oil supplies for the next 60 days and maintains adequate inventory levels, with refineries operating at maximum capacity, the government said on Thursday, underlining that there is no shortage of key inputs and no increase in domestic fuel prices despite global volatility. Addressing a media briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said crude availability remains stable and sulphur supplies are sufficie ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 08:34 PM

Indian ships not yet returning despite Strait of Hormuz threats

India has no immediate plans to send domestic-flagged vessels back to the Persian Gulf, Rajesh Kumar Sinha, Special Secretary, Ministry of Ports, Shipping and Waterways (MoPSW) said Monday. Addressing an inter-ministerial briefing on recent developments in West Asia, he said insurance premiums have risen, and the high-risk area extends beyond just the Hormuz strait. The special secretary said there are currently three India bound foreign-flagged vessels carrying Liquefied Petroleum Gas (LPG), f ...Read More >

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BusinessApr 01, 2026 06:11 PM

India News | All Indian Seafarers Safe in West Asia, Ports Running Smoothly: Shipping Ministry | Lat...

New Delhi [India], April 1 (ANI): As developments in West Asia continue to unfold, the Shipping Ministry on Wednesday said that all Indian seafarers in West Asia are safe, with no incidents involving Indian-flagged vessels reported in the last 48 hours. Speaking at a joint inter-ministerial briefing on recent developments in the Gulf region, Additional Secretary, Ministry of Ports, Shipping and Waterways, Mukesh Mangal, stated that all Indian vessels and crew currently in the Persian Gulf are b ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 01, 2026 05:56 PM

All Indian seafarers safe in West Asia, Ports running smoothly: Shipping Ministry

New Delhi [India], April 1 (ANI): As developments in West Asia continue to unfold, the Shipping Ministry on Wednesday said that all Indian seafarers in West Asia are safe, with no incidents involving Indian-flagged vessels reported in the last 48 hours. Speaking at a joint inter-ministerial briefing on recent developments in the Gulf region, Additional Secretary, Ministry of Ports, Shipping and Waterways, Mukesh Mangal, stated that all Indian vessels and crew currently in the Persian Gulf are b ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 06:32 AM

2 Indian LPG tankers reach ports, 2 more en route from Strait of Hormuz

New Delhi/Mumbai: Two India-flagged tankers hauling liquefied petroleum gas (LPG) arrived in the country after being cleared by Iran to transit the strategic Strait of Hormuz, even as two additional carriers, the BW Tyr and BW Elm, began their journey through the waterway on Saturday, officials aware of the matter said. According to the officials, the Jag Vasant, a 230-metre-long ship, dropped anchor around 8 pm on Friday at Vadinar, a terminal of the state-run Deendayal Port Authority (DPA), p ...Read More >

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PoliticsBusinessMar 30, 2026 08:14 PM

World News | W Asia Conflict: India Assures Welfare of Indian Seafarers, Students in Region; Mission...

New Delhi [India], March 30 (ANI): India on Monday said that particular attention is being given to the welfare of Indian seafarers as the conflict in the Gulf region entered its second month. A senior Ministry of External Affairs (MEA) officer assured that the safety, security and welfare of the Indian community in the region remains the utmost priority and added that MEA continues to closely monitor the evolving situation in the region. Also Read | Donald Trump Warns Iran on Strait of Hormuz ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 30, 2026 07:21 PM

W Asia conflict: India assures welfare of Indian seafarers, students in region; missions working 24/...

New Delhi [India], March 30 (ANI): India on Monday said that particular attention is being given to the welfare of Indian seafarers as the conflict in the Gulf region entered its second month. A senior Ministry of External Affairs (MEA) officer assured that the safety, security and welfare of the Indian community in the region remains the utmost priority and added that MEA continues to closely monitor the evolving situation in the region. Addressing an interministerial briefing, Aseem Mahajan, ...Read More >

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BusinessMar 30, 2026 05:44 PM

Gulf crisis: 8 Indians dead; Delhi pushes for secure sea lanes as LPG cargoes sail through Hormuz

New Delhi, Mar 30 (UNI) Eight Indian nationals have died and one remains missing amid the escalating Gulf conflict, even as India scrambles to secure energy lifelines and evacuate citizens, with key LPG cargoes successfully transiting the Strait of Hormuz. The Ministry of External Affairs (MEA) said Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman underscored the need to keep vital maritime corridors operational during talks. "The Prime Minister condemned the attacks tar ...Read More >

Asian News International (ANI) - Other Sports Environment Entertainment Business Politics - News Image
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IPL 2026: Cricket Australia breaks silence after KKR captain Ajinkya Rahane questions Cameron Green'...

The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 30, 2026 04:46 PM

"All Indian vessels, crew currently being monitored, 8 sailors returned safely": Shipping Ministry

New Delhi [India], March 30 (ANI): Amid ongoing developments in the West Asia region, a senior official from the Ministry of Ports, Shipping and Waterways said on Monday that all Indian seafarers and ships operating in the Persian Gulf region are remain safe and there has been no report of any incident in the past 24 hours. Speaking at a joint inter-ministerial briefing, Special Secretary in the Ministry of Ports, Shipping and Waterways Rajesh Kumar Sinha stated that all Indian vessels and crew ...Read More >

Abtak.com - Business - News Image
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BusinessMar 12, 2026 06:08 PM

India monitoring 28 merchant ships in Persian Gulf, 10 million Indians in West Asia

A total of 24 Indian-flagged vessels with 677 Indian seafarers are currently located to the west of the Strait of Hormuz, while four vessels with 101 Indian seafarers are to the east of the crucial waterway, Rajesh Kumar Sinha, special secretary in the shipping ministry, told a briefing on developments in West Asia. Indians constitute almost 12% of the global seafaring workforce, with a total of more than 320,000 active sailors, and attacks on merchant vessels during recent conflicts in West As ...Read More >

psuconnect.in - Business - News Image
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BusinessDec 05, 2025 05:02 PM

BEML signs strategic MoU with SMFCL for manufacturing of maritime ecosystem

New Delhi: State-run BEML Limited has announced to the exchanges that it has signed a strategic MoU with Sagarmala Finance Corporation Limited (SMFCL) to unlock dedicated financial support for India's domestic maritime manufacturing ecosystem. Sagarmala Finance Corporation Limited (SMFCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC). It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025. SMFCL is a Mini Ratna Category-I ...Read More >

Abtak.com - Other Business - News Image
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OtherBusinessOct 28, 2025 04:34 PM

Great Nicobar Project will increase India's maritime world trade multiple times: Amit Shah

Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island Development Project will significantly boost India's maritime trade, multiplying its global share in the sector. Speaking at the inauguration of India Maritime Week 2025, Shah said India's democratic stability, naval strength, and strategic position between the Indo-Pacific and the Global South make it a rising maritime power. Union Home Minister Amit Shah on Monday said the USD 5 billion Great Nicobar Island De ...Read More >

Abtak.com - Business - News Image
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BusinessOct 28, 2025 04:34 PM

VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 14,900 shares, a decline of 29.0% from the September 15th total of 21,000 shares. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily tradin ...Read More >

LatestLY - Business - News Image
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BusinessOct 28, 2025 04:23 PM

India News | VOC Port, Tuticorin, Pioneers Green Renewable Initiatives at Green Maritime Day at Indi...

Mumbai (Maharashtra) [India], October 28 (ANI): V.O. Chidambaranar Port (VOC Port), Tuticorin, is positioned as India's southern hub for green shipping corridors, leading the way in renewable energy, energy efficiency, and green hydrogen production. The Port took centre stage on the second day of India Maritime Week 2025, celebrated as Green Maritime Day at Hall 4 (Yellow Sea), NESCO Exhibition Centre, Mumbai. VOC Port, Tuticorin is the nodal organisation for Green Maritime Day organised by the ...Read More >

Abtak.com - Other - News Image
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OtherOct 28, 2025 10:34 AM

India, Sri Lanka Discuss New Ferry Route Between Rameswaram, Talaimannar

Minister Sarbananda Sonowal held a bilateral meeting with Sri Lankan Minister in Mumbai, Monday. Mumbai: The Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, held a bilateral meeting with Sri Lanka's Ports and Civil Aviation Minister, Anura Karunathilake, during the India Maritime Week 2025 in Mumbai. Both leaders discussed the possibility of expanding India-Sri Lanka maritime connectivity by launching a new route between Rameswaram and Talaimannar. In a post on X, the Ministry ...Read More >

India Post News - Breaking and latest news worldwide - Indian Diaspora - Other - News Image
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OtherOct 28, 2025 10:23 AM

India, Sri Lanka Discuss New Ferry Route Between Rameshwaram And Talaimannar " IndiaPost NewsPaper

MUMBAI: The Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, held a bilateral meeting with Sri Lanka's Ports and Civil Aviation Minister, Anura Karunathilake, during the India Maritime Week 2025 in Mumbai. Both leaders discussed the possibility of expanding India-Sri Lanka maritime connectivity by launching a new route between Rameshwaram and Talaimannar. In a post on X, the Ministry of Ports, Shipping and Waterways informed, "A bilateral meeting was held between Shri Sarbananda ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 28, 2025 02:16 AM

India, Srilanka discuss new ferry route between Rameshwaram and Talaimannar

Mumbai (Maharashtra) [India], October 28 (ANI): The Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, held a bilateral meeting with Sri Lanka's Ports and Civil Aviation Minister, Anura Karunathilake, during the India Maritime Week 2025 in Mumbai. Both leaders discussed the possibility of expanding India-Sri Lanka maritime connectivity by launching a new route between Rameshwaram and Talaimannar. In a post on X, the Ministry of Ports, Shipping and Waterways informed, "A bilateral m ...Read More >

Economic Times - Business - News Image
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BusinessOct 28, 2025 01:18 AM

'India eyes a third of global seaborne trade by 2047': Sarbananda Sonowal

Mumbai: India will aim to handle roughly a third of global seaborne trade by 2047, union ports, shipping and waterways minister Sarbananda Sonowal said Monday. This will be supported by a fourfold increase in port capacity and the development of deep-draft mega ports, the minister said addressing attendees at the India Maritime Week 2025 in Mumbai. "India currently handles about 10% of seaborne trade, and our goal is to triple it by 2047," the minister said. In the past decade, the nation's po ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 27, 2025 10:27 PM

Gadkari highlights investment potential in India's maritime sector

Mumbai, Oct 27 (SocialNews.XYZ) Union Road Transport and Highways Minister Nitin Gadkari on Monday highlighted that India's maritime sector, valued at nearly $1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. The minister was addressing the India Maritime Week 2025 here, focusing on the theme "Innovative Mechanisms for Ship Financing". Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilising Rs 1.4 lakh cro ...Read More >

Abtak.com - Business - News Image
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BusinessOct 27, 2025 07:29 PM

Adani Ports To Showcase Blue Economy Leadership At India Maritime Week

India Maritime Week (IMW) 2025 is a vision of India's maritime resurgence Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest port developer and operator, is set to showcase its role in shaping the nation's Blue Economy at the ensuing India Maritime Week (IMW) 2025. India Maritime Week (IMW) 2025 is taking place at the Bombay Exhibition Centre in Mumbai from October 27-31. Adani Ports will showcase how technology, inclusion and indigenous innovation are powering the nation's jo ...Read More >

Asian News International (ANI) - Politics - News Image
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PoliticsOct 27, 2025 06:18 PM

Gujarat adopted path of 'Samudra Se Samriddhi', under guidance of PM: CM Bhupendra Patel

Gandhinagar (Gujarat) [India] October 27 (ANI): Gujarat Chief Minister Bhupendra Patel, at the inauguration of India Maritime Week 2025 in Mumbai, stated that under the leadership and guidance of Prime Minister Narendra Modi, Gujarat has embraced the path of 'Samudra Se Samriddhi' and transformed its ports into gateways of prosperity. The Chief Minister delivered an impactful presentation on Gujarat's maritime sector at the inaugural session of India Maritime Week 2025, organised by the Ministr ...Read More >

LatestLY - Business - News Image
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BusinessOct 27, 2025 05:24 PM

World News | Second Edition of 'Sagarmanthan: The Great Oceans Dialogue' Begins in Mumbai | LatestLY

Mumbai (Maharashtra) [India], October 27 (ANI): The second edition of Sagarmanthan: The Great Oceans Dialogue began in Mumbai on Monday, bringing together global leaders, policymakers, industry experts, and scholars to discuss the future of the blue economy, maritime logistics, ports, shipping, and the international ocean economy. The three-day dialogue, from October 27 to October 29, being co-hosted by the Observer Research Foundation (ORF) and the Ministry of Ports, Shipping and Waterways (Mo ...Read More >

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