New Delhi, April 13 (IANS) Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Monday asserted that India is prepared for all contingencies in the wake of disruptions in the Strait of Hormuz, with swift and coordinated measures helping stabilise maritime trade operations.In a conversation with Times Now, Sonowal said the government acted quickly to minimise the impact on India’s supply chains and global trade linkages.In his first remarks following the recent tensions involv…
Latest Maritime Trade News & Updates
Washington, April 12 (IANS) US President Donald Trump on Sunday announced a sweeping naval blockade of the Strait of Hormuz, accusing Iran of refusing to abandon its nuclear ambitions despite nearly 20 hours of talks mediated in Pakistan. In a series of lengthy posts on Truth Social, Trump said negotiations “went well” and “most points were agreed to”, but asserted that Tehran remained “unyielding as to the single most important issue”, adding: “IRAN IS UNWILLING TO GIVE UP ITS NUCLEAR AMBITIONS…
Mumbai, Feb 17 (IANS) Chief Minister Devendra Fadnavis on Tuesday said that Mumbai will become the gateway to global capital in the coming years, adding that Mumbai and Maharashtra will play an important role in creating global economic stability. He expressed his belief that only a trustworthy partnership will be successful in a multipolar world. He was speaking in his inaugural address at the three-day Global Economic Cooperation Conference.“In the new phase of globalisation, the conce…
Thiruvananthapuram, Jan 24 (IANS) Kerala, on Saturday, marked a decisive moment in its infrastructure journey with the formal launch of Phase II of the Vizhinjam International Seaport, a project that has rapidly transformed the state’s standing in global maritime logistics. Addressing the gathering, Chief Minister Pinarayi Vijayan said the port’s progress decisively counters the long-held criticism that “nothing happens in Kerala”, asserting that Vizhinjam has already etched the state’s name int…
Thiruvananthapuram, Jan 16 (IANS) Kerala’s ambitious Adani Group-run Vizhinjam International Seaport project is set to enter a decisive new phase with the inauguration of its second stage of development on January 24, marking a major milestone in the state’s port-led growth strategy, an official statement said on Friday.According to the statement, Chief Minister Pinarayi Vijayan will inaugurate the construction works at a function scheduled at the port site at 4 p.m.The event will also witne…
New Delhi, Jan 8 (IANS) India’s GDP will grow around 6.6 per cent by FY27, driven by growth engines including digital economy, AI, quick commerce, tourism, the silver economy, and green ports, a report said on Thursday.The report Business data analytics firm Dun & Bradstreet said the digital economy is expected to grow almost twice as fast as the overall economy and account for nearly 20 per cent of gross value added by 203.AI adoption will scale across BFSI, manufacturing, and healthcare,…
Kochi, Jan 6 (IANS) Kerala has unveiled the International Spice Routes Heritage Network, a collaborative global platform aimed at leveraging the state’s historic role in maritime trade to drive cultural tourism, research partnerships, and creative economies.The initiative signals a strategic push to reposition heritage as a contemporary economic and tourism resource rather than a static historical narrative.Tourism Minister P.A. Mohamed Riyas announced the initiative while inaugurating the thr…
New Delhi, Dec 31 (IANS) Prime Minister Narendra Modi on Wednesday extended New Year greetings to the crew of INSV Kaundinya, who are currently on a maritime voyage, lauding their spirit and dedication as the country prepared to welcome 2026. In a post on social media platform X, the Prime Minister said he was delighted to receive a picture from the crew and conveyed his best wishes to them as they marked the New Year while sailing on the high seas.”Delighted to receive this picture from the tea…