Why the Tanker Market Now Moves on Geopolitics
Kiyaan Singh
Ten operators now control 57 percent of the VLCC fleet, up from under half a year ago, and rates sit at their highest since early 2020. Gibson, the shipbroker, calls…
Why the Tanker Market Now Moves on Geopolitics
Ten operators now control 57 percent of the VLCC fleet, up from under half a year ago, and rates sit at their highest since early 2020. Gibson, the shipbroker, calls…
Deendayal Port Authority Breaks India’s 24-Hour Record
Kandla just set a single-day cargo record. Deendayal Port Authority moved 7.78 lakh tonnes of cargo through Kandla on June 26, the highest single-day total any Indian port has recorded.…
India to absorb 90% of MSME CBAM compliance cost
The Centre is working on a scheme to cover 90 per cent of the CBAM compliance bill for India’s small exporters a cost industry pegs at ₹15–20 lakh per unit…
CMA CGM Adds 8th Weekly Block Train to Mundra Port
CMA CGM India has opened a new weekly export block train from the Garhi Harsaru inland container depot in the National Capital Region to Mundra Port, running every Thursday at…
Kongsberg Maritime leads EU wind propulsion project
Kongsberg Maritime will lead AWESOME, a Horizon Europe project bringing 15 European partners together to test wind-assisted propulsion at sea and build the tools shipowners need to price the fuel…
Maersk Eyes India-Made Containers Over China
Maersk says it is exploring sourcing containers from Indian companies a quiet line that lands just as New Delhi commits ₹10,000 crore to building container plants of its own. The…
Mumbai Port unveils ₹5,028 crore, 63-project pipeline
Union shipping minister Sarbananda Sonowal unveiled a ₹5,028.17 crore, 63-project pipeline at Mumbai Port Authority’s 154th Foundation Day on June 25 most of it aimed at waterfront, cruise and energy…
MPCC Buys Four 7,000 TEU Ships, Locks $375M Loan
MPC Container Ships is buying four 7,000 TEU vessels for $340 million, each already chartered to a top-five liner for three years, and has secured a $375 million term loan…
India opens anti-dumping probe into CRGO electrical steel
India’s Directorate General of Trade Remedies opened an anti-dumping investigation on 22 June into cold rolled grain oriented electrical steel and amorphous metal from China, Japan, Korea and Russia, acting…
Oaktree ends decade in TORM with $311m Hafnia sale
Hafnia completed its purchase of about 14.1 million TORM A shares from Oaktree on 22 December 2025, paying $22 a share for $311.43 million and pushing Oaktree below the one-third…