Shipping - Page 8

India–Korea pact aims to strengthen skills, training and workforce in shipbuilding and marine sector

The ministry said the performance aligns with the long-term roadmap under the Maritime Amrit Kaal Vision 2047.

Ports and shipping handle about 95 per cent of the country’s trade by volume, anchoring the country’s 7,500 km coastline as a critical economic asset.

DP World Cochin achieves record single-vessel throughput, signalling improved port efficiency and growing cargo volumes in India’s trade sector.

OOCL launches SIS service linking Southeast Asia with India and Pakistan, improving regional shipping connectivity and efficiency.

War risk costs and rerouting push Gulf sea freight rates up sharply, disrupting trade and raising logistics costs

The partnership lets FIATA Members access digital cargo and delay insurance instantly across air, ocean, and e-commerce shipments.

DP World extends its Delhi Capitals deal, opening a free cricket arena and deepening grassroots outreach across India.

Middle East disruptions tighten ocean freight capacity, raising rates and extending transit times across key global routes

Saudi ports expand shipping links with MSC, Maersk and CMA CGM to support cargo flows amid Gulf shipping disruptions.

Tata Steel shipped 1,499 MT of materials from Kolkata to Larsen & Toubro in Guwahati.

Beyond costs, the operational disruption is equally serious, with six Hapag-Lloyd vessels and crew stuck in the Persian Gulf and one ship already hit.