Paris, June 18 (IANS) Emphasising that India hopes to see a rapid return of peace and stability in West Asia following the signing of an agreement between the US and Iran, Foreign Secretary Vikram Misri on Thursday said that Prime Minister Narendra Modi specifically emphasised the issue of the safety and security of seafarers during meetings with his counterparts and in his interventions at the G7 Summit in France’s Evian, over the last couple of days. “We have always emphasised the importance o…
Latest Maritime Trade News & Updates
Washington, June 12 (IANS) US President Donald Trump claimed the United States had secretly conducted military operations in and around the Strait of Hormuz for weeks, moving ships and oil cargoes through the strategic waterway while targeting Iranian maritime assets ahead of a proposed agreement with Tehran.Speaking at the White House, Trump said the operations had taken place largely out of public view and helped maintain the flow of global energy supplies despite heightened tensions in the Gu…
Daman, June 5 (IANS) Prime Minister Narendra Modi on Friday said newly launched infrastructure projects in Lakshadweep would usher in a new phase of development for the archipelago, describing them as initiatives capable of bringing “revolutionary change” to the lives of island residents. Addressing a public gathering in Daman while people in Lakshadweep joined through video link, PM Modi said the day marked “a new beginning” for the islands.He noted that foundation stones had been laid …
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…
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…