Hapag-Lloyd Revises $4.2 Billion Bid For Israeli Shipping Firm Amid Security Concerns
German shipping company Hapag-Lloyd has changed its $4.2 billion plan to buy Israel’s Zim Integrated Shipping Services.
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India’s Maritime Insurance Pool To Offer $1.5 Billion Coverage For War Risks
India’s Bharat Maritime Insurance Pool is strengthening domestic marine insurance, offering homegrown cover against war risks, P&I liabilities, cargo losses and vessel damage.
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India Invests Rs 2,300 Crore To Set Up First E- Methanol Plant At Gujarat’s Kandla Port
India has invested INR 2300 Crore in a first-of-its-kind project which would supply ships sailing on the Asia-Europe route with e-methanol.
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India Approves Rs 13 Crore Seafarers’ Welfare Centre At Goa’s Mormugao Port
The Indian government has approved Rs 13 crore to set up a Seafarers’ Welfare Centre at the Mormugao Port in Goa.
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Paradip Port Gets “Mega Port” Status, Becomes Only One On India’s East Coast
Paradip Port in India has been declared as a “Mega Port” in accordance with the Indian Ports Act, 2025. It is the only port along the eastern coast of India to be awarded such status.
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Italy Awards $4.2 Billion Contract For Two Next-Generation DDX Destroyers
The contract was awarded by the European Organisation for Joint Armament Cooperation (OCCAR) to Orizzonte Sistemi Navali (OSN).
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China’s Record Port Traffic Signals Export Rush Ahead Of Xi-Trump Summit Amid Tariff Uncertainty
Chinese ports handled a record 7.279 million twenty-foot equivalent units in the seven days to September 20.
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Russia Seeks $2.35 Billion From Exporters To Fund Two Nuclear-Powered Icebreakers
Russia plans to collect more than 200 billion roubles from exporters to help build two new icebreakers for the Northern Sea Route.
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Synergy Marine & Cochin Shipyard To Jointly Pursue Shipbuilding Projects In India
Synergy Marine Group and Cochin Shipyard have signed an MoU to pursue shipbuilding, repair and conversion projects in India for international shipowners.
