I learnt in Shipping over several decades, the industry flourishes on Calamities like famine, floods, closure of Canal’s, Straits etc. For Historians – The Closure of Suez Canal was the biggest benefit to the Shipping industry in those days. On 6th June 1967, after the start of the Six-Day War, Egypt closed the Suez Canal,…
As 2025 drew to a close, a highlight was that the United States had undertaken its largest troop mobilisation in the Caribbean in decades. Its Navy has deployed its most advanced aircraft carrier, along with fighter jets, amphibious vessels, attack submarines and tens of thousands of troops, as it intensifies its pressure on Venezuela in…
Pratik Bijlani – Sagarmala Finance Corporation Limited (SMFCL), India’s first maritime-focused non-banking financial company (NBFC), has formally commenced lending operations, marking a significant milestone in strengthening the country’s maritime finance ecosystem. At its 51st Board Meeting held on December 30, 2025, SMFCL approved loan sanctions amounting to approximately ₹4,300 crore, formally entering the maritime lending…
According to FICCI, for India to achieve its goal of becoming the world’s third-largest economy by 2027, it is critical to expand production capacity, strengthen infrastructure, and enhance services both domestically and across global supply chains. The Indian logistics sector, valued at around US$380 billion in 2025, has grown steadily from US$250 billion in 2021,…
• Wishing you and all your loved one’s Merry Christmas and all the best for New Year 2026• How Beijing Built Arms Industry to Rival the WestNew jet engines show results of China’s military self-sufficiency push. In 2016, Beijing launched a new aerospace conglomerate called Aero Engine Corp. of China. It had a challenging mandate:…
Indian Register of Shipping has reported a strong year across defence, merchant marine, digital innovation and research during 2025, reinforcing its position as a key technical partner for governments, shipowners and shipyards at a time of accelerating change for the maritime sector. In merchant marine, IRS recorded broader engagement in international projects. It completed its…
