News for 'maritime trade'

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

Strait of Hormuz opens to ships but marine covers to stay pricey

Strait of Hormuz opens to ships but marine covers to stay pricey

Rediff.com2 Apr 2026

Despite Iran allowing 'non-hostile vessels' through the Strait of Hormuz, marine insurance premiums are expected to remain elevated due to persistent high-risk classifications and ongoing geopolitical tensions, with experts cautioning that the threat of attacks and collateral damage still exists.

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Iran crisis: Gold, Silver Prices Jump on Safe-Haven Demand

Rediff.com2 Mar 2026

Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.

Middle East conflict: 28 Indian ships with 778 crew stuck in Persian Gulf

Middle East conflict: 28 Indian ships with 778 crew stuck in Persian Gulf

Rediff.com11 Mar 2026

28 Indian vessels carrying 778 seafarers are stranded in the Persian Gulf, prompting government monitoring and coordination to ensure their safety and security.

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Rediff.com16 Mar 2026

India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.

Modi conferred with Oman's highest civilian honour

Modi conferred with Oman's highest civilian honour

Rediff.com19 Dec 2025

Prime Minister Narendra Modi was conferred with the Order of Oman by Sultan Haitham bin Tarik for his contribution to India-Oman ties and his leadership.

US seizes Iranian ship trying to breach naval blockade near Strait of Hormuz

US seizes Iranian ship trying to breach naval blockade near Strait of Hormuz

Rediff.com20 Apr 2026

The US Navy seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating tensions as ceasefire talks face uncertainty. The incident raises concerns about the fragile ceasefire and the ongoing blockade of the Strait of Hormuz.

India seizes 3 Iran-linked US-sanctioned tankers

India seizes 3 Iran-linked US-sanctioned tankers

Rediff.com17 Feb 2026

India has seized three US-sanctioned oil tankers linked to Iran and increased surveillance in its maritime zone to curb illicit trade.

Why India has failed miserably in maritime trade

Why India has failed miserably in maritime trade

Rediff.com18 Apr 2016

Colombo can handle more container traffic than all of India's ports put together. For a country with a long maritime tradition, this is a pathetic state of affairs, saya T N Ninan.

SEE: First crude tanker reaches India amid Hormuz crisis

SEE: First crude tanker reaches India amid Hormuz crisis

Rediff.com12 Mar 2026

The tanker reportedly switched off its Automatic Identification System (AIS) transponder while navigating the high-risk stretch of the strait and reappeared on tracking systems on March 9.

Iran allows Indian ships to pass through Hormuz: Sources

Iran allows Indian ships to pass through Hormuz: Sources

Rediff.com12 Mar 2026

IRGC said vessels seeking to sail through the strategically critical Strait of Hormuz must obtain Iran's approval; otherwise, they could become targets of Iranian attacks.

India indispensable for peace in Indo-Pacific: Trump administration

India indispensable for peace in Indo-Pacific: Trump administration

Rediff.com25 Mar 2026

A senior US official has emphasised India's crucial role in maintaining peace and stability in the Indo-Pacific region and ensuring a balanced power dynamic in Asia, advocating for stronger defence ties between the two nations.

Coast Guard busts international oil smuggling racket; seizes 3 vessels

Coast Guard busts international oil smuggling racket; seizes 3 vessels

Rediff.com7 Feb 2026

The Indian Coast Guard intercepted three vessels involved in an international oil smuggling syndicate operating in international waters near Mumbai, uncovering a sophisticated operation that evaded customs duties.

'War Is Brutal. At Sea, Even More Brutal'

'War Is Brutal. At Sea, Even More Brutal'

Rediff.com10 Mar 2026

'India was not obliged to protect the Iranian ship.' 'Once the Iranian ship left Indian waters, she was on her own.' 'Guilt tripping India is wrong.'

India, Canada sign landmark nuclear agreement

India, Canada sign landmark nuclear agreement

Rediff.com2 Mar 2026

India and Canada solidify their partnership with a landmark uranium supply agreement and discussions to finalise a comprehensive economic partnership, signaling stronger ties and cooperation on key global issues.

West Asia conflict: Modi urges states to guard supply chains, curb panic

West Asia conflict: Modi urges states to guard supply chains, curb panic

Rediff.com28 Mar 2026

Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.

US-Iran: The Weekend Has Left The World In A More Dangerous Place

US-Iran: The Weekend Has Left The World In A More Dangerous Place

Rediff.com13 Apr 2026

The ceasefire is still technically holding, to the extent that no overt hostilities have been reported yet, but the rhetoric has hardened dangerously. The week ahead will also clarify whether the Islamabad failure was a negotiating tactic or whether Washington has genuinely locked itself into a position from which the only exits are climb-down, escalation, or the slow bleed of a new status quo that nobody chose and nobody controls. Prem Panicker continues his must read blog on the Iran War.

Rajnath calls Coast Guard a 'wall of trust' after Operation Sindoor

Rajnath calls Coast Guard a 'wall of trust' after Operation Sindoor

Rediff.com2 Feb 2026

Defence Minister Rajnath Singh praised the Indian Coast Guard's role during Operation Sindoor and highlighted its importance in national security on the occasion of its 50th Raising Day.

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB flags India's oil vulnerability amid rising West Asia tensions

Rediff.com7 Mar 2026

Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.

Indian warships on standby near Persian Gulf to assist merchant vessels

Indian warships on standby near Persian Gulf to assist merchant vessels

Rediff.com15 Mar 2026

According to sources, the Indian Navy warships are on standby to provide assistance or help required by merchant vessels.

Will Trump Attack Yemen Next To Secure Oil Route?

Will Trump Attack Yemen Next To Secure Oil Route?

Rediff.com30 Mar 2026

The Americans can occupy Bab el Mandeb, claim to have 'solved' the Strait of Hormuz crisis, declare victory that President Trump so desperately needs, points out Colonel Anil A Athale, former head of the history division, ministry of defence.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

Iranian missile hits Israeli town, 9 killed

Iranian missile hits Israeli town, 9 killed

Rediff.com2 Mar 2026

An Iranian missile strike targeted the town of Beit Shemesh, located west of Jerusalem, resulting in significant casualties and structural devastation, as reported by Al Jazeera. The strike caused extensive damage earlier Sunday to several buildings, with one structure completely collapsing under the impact.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Does The US Plan To Continue This War For 'One Or Two Years'?

Does The US Plan To Continue This War For 'One Or Two Years'?

Rediff.com30 Mar 2026

This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Rediff.com20 Mar 2026

'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.

Maritime incidents involving India and its seafarers rose 22% in 2024

Maritime incidents involving India and its seafarers rose 22% in 2024

Rediff.com23 Jul 2025

Incidents in the maritime sector involving Indian seafarers, and foreign vessels in Indian waters rose by 21.6 per cent in 2024 to 186, highlighting the need to strengthen safety frameworks.

India, Israel upgrade ties to 'strategic partnership'; Modi backs Gaza peace

India, Israel upgrade ties to 'strategic partnership'; Modi backs Gaza peace

Rediff.com26 Feb 2026

India and Israel have elevated their relationship to a special strategic partnership, focusing on enhanced cooperation in trade, technology, and defense, while also addressing regional peace initiatives.

Why India skipped BRICS naval wargame? MEA clarifies

Why India skipped BRICS naval wargame? MEA clarifies

Rediff.com17 Jan 2026

India clarified its absence from a South Africa-initiated naval wargame, stating it was not an institutional BRICS activity. The exercise involved navies from China, Russia, Iran, and others, amid rising tensions in Iran.

ICG ship Sarthak makes historic visit to Iran's Chabahar Port

ICG ship Sarthak makes historic visit to Iran's Chabahar Port

Rediff.com18 Dec 2025

Indian Coast Guard ship Sarthak visited Chabahar port in Iran, marking the first such visit and underscoring India's growing maritime engagement in the region. The visit aims to strengthen institutional linkages and enhance mutual understanding in maritime safety and security.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

US stopping India from buying cheap oil: Russian FM

US stopping India from buying cheap oil: Russian FM

Rediff.com10 Feb 2026

Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.

Japan's High-Stakes Gamble In the Indo-Pacific

Japan's High-Stakes Gamble In the Indo-Pacific

Rediff.com10 Feb 2026

In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.

Ports are being developed as hubs of green hydrogen production

Ports are being developed as hubs of green hydrogen production

Rediff.com29 Oct 2025

The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.

Vietnam Emerges As India's Key Defence Partner

Vietnam Emerges As India's Key Defence Partner

Rediff.com17 Nov 2025

The 15th India-Vietnam Defence Dialogue signalled a move from routine talks to deeper cooperation, with new deals on submarine rescue and defence industry to support stability in the Indo-Pacific, notes Dr Rajaram Panda.

India signs first LPG term deal with US to import 2.2 mt of cooking gas

India signs first LPG term deal with US to import 2.2 mt of cooking gas

Rediff.com18 Nov 2025

In a first, Indian oil public sector undertakings (PSUs) finalised a one-year contract to import around 2.2 million tonnes (mt) of liquefied petroleum gas (LPG) from the US. The LPG import deal comes at a time when negotiations for an India-US bilateral trade agreement (BTA) are gathering steam. Earlier in the month, US President Donald Trump had said Washington and New Delhi were "pretty close" to reaching a fair trade deal.

Trump signs defence bill backing deeper US-India ties

Trump signs defence bill backing deeper US-India ties

Rediff.com19 Dec 2025

US President Donald Trump signed the National Defence Authorisation Act for Fiscal Year 2026 into law, highlighting broadened engagement with India and addressing the challenge posed by China in the Indo-Pacific region.

At UNSC, PM lists 5 principles to prepare roadmap for maritime security cooperation

At UNSC, PM lists 5 principles to prepare roadmap for maritime security cooperation

Rediff.com9 Aug 2021

In his statement while chairing the debate on "Enhancing Maritime Security - A Case for International Cooperation" via video conferencing, Modi highlighted that maritime routes were being misused for terrorism and piracy.

'Direct threat to US': Trump sanctions Indian firms

'Direct threat to US': Trump sanctions Indian firms

Rediff.com21 Nov 2025

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.

US LPG pact may shield India from geopolitical shocks

US LPG pact may shield India from geopolitical shocks

Rediff.com26 Nov 2025

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel.