'Even one accident can cause problems for the entire coastal system.'
Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.
A Bolivian cargo ship, owned by an Iranian firm was on Monday hijacked, apparently by Somalian pirates in the territorial waters off Maldives, officials said, even as Maldivian forces have sought Indian Navy's help for its rescue.
The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.
Official sources in India said it is in touch with Iran to secure the release of 17 Indians.
The passenger ship, from which 28 people have been rescued, collided with a cargo ship loaded with porcelain clay on Sunday on the Xunjiang River in the city of Guiping, vice mayor with the municipal government Zeng Jianqing said on Thursday
The manager of the Liberian registered cargo ship, Ishima -- a Singapore-based ship management company, has appointed a professional negotiator to talk with Somalia hijackers, Abdulgani Y Serang, General Secretary, National Union of Seafarers of India (NUSI) said.
India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.
China on Thursday conveyed its 'heartfelt appreciation' to the Indian Navy for rescuing a critically injured Chinese mariner from a cargo ship off the Mumbai coast and providing him with timely medical treatment.
M T Stolt Valor, the cargo ship released by Somali pirates after two-month captivity in the Gulf of Aden, reached Muscat on Friday."We docked in Muscat at 10.30 am. All crew members are safe and healthy," Captain of the ship Prabhat Goel said.The hijacked merchant ship with 18 Indian sailors on board was freed on November 16 after a ransom amount between one to 2.5 million dollars was paid reportedly by the Japanese owners, following negotiations.
The ship, outbound from Baltimore to Colombo, struck a 1.6-mile-long, four-lane bridge in Baltimore in the early hours of Tuesday morning. Shortly after the collision, the bridge collapsed, crashing on the cargo ship.
Armed Somalian pirates on Friday released three Indians and 26 other members of the crew on board a hijacked cargo ship after keeping them in captivity for more than one and half months.
A piece of torso of a person and diving equipments were found floating near the drowned Sri Lankan Naval ship, suggesting the handiwork of a suicide bomber in destruction of the vessel last week, an official said on Monday.
Efforts to salvage cargo ship MV Wisdom, which has been stranded on the Juhu beach after running aground last week, failed on Friday as it could not be connected to the tug vessel that would have hauled it back into the waters, apparently due to rough sea.
Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs on Indian products, according to experts. They said that these sectors could face additional customs duties from the Trump administration because of the high tariff differential or gap, which is the difference between the import duties imposed by the US and India on a product.
India's list of top harbours/ports, is dynamic and changing all the time. It is based on their capacity to handle cargo, as per the most up-to-date listing available from Indian shipping marketplace, Freight Mango.
The ship, which left Mumbai early this month carrying humanitarian aid, was hijacked about 55 km near Moghadishu on Saturday in a string of attacks off the lawless Somalian coast, according to Director General of Shipping. News of the vessel being traced came even as ships of the Indian Navy were put on high alert.
The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.
The story of MV Sun Sea, the cargo ship that brought 492 Sri Lankan migrants to Canadian waters on August 12, reportedly started on April 1 in the Thai port city of Songhkla.
Indian shipping companies' reluctance to take piracy insurance is probably linked to sky-rocketing costs. According to the site of London-based corporate security firm BGN Risk, piracy in the Gulf of Aden could increase insurance and transport costs by $400 million. Special risk insurance for crossing the Gulf has soared from $500 a voyage last year to $20,000 now, the company said.
The wife of the captain of the ship, hijacked by armed Somalian pirates in the Gulf of Aden, today met Congress General Secretary Rahul Gandhi seeking his intervention to save the lives of 18 Indian sailors onboard the vessel.
After US President Donald Trump announced a 90-day tariff pause for several nations, including India, global manufacturers are in a rush to ensure that bulk of their goods reach the US during this window. "The 90-day suspension of tariffs will be welcomed by shippers, but it should not be a cause for celebration.
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
A North Korean ship, sailing to a Pakistani port, detained by the Coast Guard and the Navy after it was found anchored in Indian territorial waters off Vatakara coast without permission, is likely to be released as officials have not found any objectional cargo on board. The crew had cited internal leak in its tank as reason for anchoring in Indian waters.
In a calibrated operation, the Indian Navy on Saturday 'coerced' 35 Pirates onboard a merchant ship around 1,400 nautical miles from the Indian coast to surrender and ensured the safe evacuation of 17 crew members without any injury, officials said.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
India on Saturday said the North Korean cargo ship, which illegally entered its territorial waters, had 'no business' to be there, even as its captain claimed it had done so due to mechanical problems. Navy chief Admiral Sureesh Mehta said in Delhi that the M V San 'had no business' to be in Indian waters and that the maritime security agencies had fears that it could be carrying nuclear components. =
In yet another hijacking of a cargo ship, heavily-armed Somali pirates on Friday seized a chemical tanker with 25 Indians among the 31 crew in the Gulf of Aden.
United States dock workers on Thursday thoroughly searched containers aboard a cargo ship at a New Jersey port where the vessel arrived after loading freight in India, Pakistan and Egypt, fearing that one of the boxes might be carrying stowaways.
A major fire that broke out on the Colombo-bound merchant vessel M V Amsterdam Bridge off Mumbai coast has been contained but the presence of dangerous cargo continues to make things critical, Coast Guard officials said.
The tablets were mainly made of the zinc carbonates hydrozincite and smithsonite, echoing the widespread use of zinc-based minerals in today's eye and skin medications.
From old favourites to brand new attractions, Sukanya Verma lists all the excitement OTT has laid out in its action-packed menu this week.
A local court on Wednesday granted interim bail to the captain of merchant vessel MSC Chitra, which collided with another cargo ship off Mumbai's coast on Saturday, after the prosecution sought time to file a reply on his anticipatory bail plea.The captain, Mandeleno Ranjit Martin, had sought bail after an FIR was registered against him.The prosecution sought time till August 18 to file their reply on the bail plea.
Two Panamanian cargo ships collided on Saturday off the Mumbai coast causing an oil spill from one of the vessels but no casualties were reported, Indian Coast Guard officials said.
India on Thursday said it is closely watching the unfolding situation in the Red Sea, amid growing global concerns over Houthi militants stepping up attacks on several commercial ships in the region.
The Indian Navy's frontline frigate INS Tarkash has seized over 2,500 kgs of narcotics in the Western Indian Ocean, officials said on Wednesday. The operation was launched after receiving intelligence on suspicious movements of vessels on March 31. INS Tarkash intercepted and boarded a suspect dhow, guided by a P8I marine surveillance aircraft and the Maritime Operations Centre in Mumbai. A specialist boarding team, including Marine Commandos, discovered over 2,500 kgs of narcotic substances (including 2,386 kgs of hashish and 121 kgs of heroin) onboard the vessel.
A cargo ship missing for a week with 14 crew members, including Indians, is feared to have been hijacked in the piracy-prone South China Sea, prompting Malaysian maritime authorities to launch a search on Thursday.
In the last few weeks, the Indian Navy has extended assistance to a number of merchant vessels in the Western Indian Ocean following attacks on them.
The cargo on board the suspect North Korean vessel MV Mu San will be off loaded in Kakinada, Andhra Pradesh on Sunday and searched for any suspect material onboard. Sources said central security agencies and nuclear scientists will conduct a thorough investigation to check if the ship is carrying any radioactive and nuclear material. The 39-member crew of the ship, its North Korean captain Yun Jong Sun, would be questioned by the authorities at the port itself.
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