New Delhi, April 1 (IANS) Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review measures taken by various Ministries/Departments and also discussed further initiatives to be taken in the context of the ongoing West Asia conflict.Prime Minister directed all concerned departments to take all possible measures to ameliorate the problems of citizens and sectors affected by the ongoing global situation.PM Modi assessed the availabilit…
Latest Shipping News & Updates
Ahmedabad, March 27 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has operationalised India’s first Port of Refuge (PoR), addressing a long-standing gap in maritime emergency infrastructure, creating a structured mechanism to handle maritime emergencies and vessels in distress.The initiative is backed by a tripartite memorandum of understanding (MoU) with SMIT Salvage, the salvage and emergency response division of Royal Boskalis Westminster NV (Boskalis) and the M…
Warsaw, March 26 (IANS) India and Poland on Thursday held discussions on deepening political exchanges and economic ties, including in areas like electric vehicles, mining and shipping and enhancing educational, cultural and people-to-people exchanges. The talks were held between Additional Secretary, Ministry of External Affairs (MEA), Pooja Kapur and Polish Secretary of State WT Bartoszewski in Warsaw.”Ms. Pooja Kapur, Additional Secretary, Ministry of External Affairs called on Polish Secreta…
New Delhi, March 21 (IANS) Prime Minister Narendra Modi on Saturday spoke with Iran’s President Masoud Pezeshkian conveying to him Eid and Nowruz greetings and also discussing the current security situation in the West Asia region. During the call, PM Modi condemned attacks on critical infrastructure in the region and also asserted the significance of safeguarding freedom of navigation along with keeping the shipping lanes open and secure.This was PM Modi’s second phone conversation with the Ira…
New Delhi, March 20 (IANS) The government on Friday said there has been no price increase on regular petrol for consumers and the hike is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma said that petrol and diesel prices are deregulated and determined by the oil marketing companies (OMCs).OMCs increased the price of premiu…
New Delhi, March 19 (IANS) The government on Thursday launched a new scheme called Resilience and Logistics Intervention for Export Facilitation (RELIEF) to help Indian exporters deal with disruptions caused by the ongoing crisis in West Asia, aiming to ensure smooth trade and protect the country’s market share.Commerce Secretary Rajesh Agrawal announced the RELIEF scheme, saying it is part of the government’s broader Export Promotion Mission.He described it as a carefully designed support p…
New Delhi, March 18 (IANS) Domestic liquefied petroleum gas (LPG) production has increased by 40 per cent, the government said on Wednesday, adding that supply concerns remain owing to the closing of the key oil route of the Strait of Hormuz.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma, said during the regular briefing that petrol pumps have enough petrol and diesel stocks.”Domestic LPG production has increased by 40 per cent while no dry-outs h…
Mumbai, March 1 (IANS) Missiles fired between Iran and Israel-US joint forces across the Gulf pose one of the most serious disruptions to oil flows in decades and may not be offset by production increases outside the Gulf, analysts said on Sunday.Traders warned that prices could jump sharply when markets reopen on Monday if the violence continues. Though no confirmed disruptions to shipping through the Strait of Hormuz, the risk of tankers being stranded or targeted has prompted major oil trader…
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 24 (IANS) Karan Adani, Managing Director of Adani Ports and Special Economic Zone (APSEZ), on Saturday, said the Vizhinjam International Seaport is the largest investment ever committed by any business house in Kerala and will see an additional investment of Rs 16,000 crore.Speaking at the foundation stone-laying ceremony of Vizhinjam Port Phase-2, Karan Adani said the port has already made a global mark within a short period of commencing operations.”In just 15 months of…