· Port fee showdown postponed as US and China return to talks China’s stock market climbed to decade highs on Thursday as presidents Donald Trump and Xi Jinping met for the first time in six years — with one major outcome for shipping being the suspension of new port fees both countries had introduced earlier…
On October 20, 2025, Prime Minister Narendra Modi continued his cherished tradition of celebrating Diwali with the Indian Armed Forces by spending the festival aboard INS Vikrant, India’s first indigenous aircraft carrier. Stationed off the coasts of Goa and Karwar, the event underscored the nation’s commitment to honouring its military personnel and showcased India’s strides…
When we think about shipping around the world, we normally picture huge cargo ships carrying things across oceans. But underlying such trips is a complicated financial operation called chartering, which is effectively renting ships to move things. Freight rates (the cost of moving goods) and a lot of other things, like fuel costs, weather, and…
Delphine Estibeiro – Prime Minister Mr Narendra Modi set out an ambitious blueprint for India’s maritime sector at the India Maritime Week 2025, held at the Bombay Exhibition Centre, Mumbai on 29th October. Addressing global leaders, industry executives, and policymakers from over 85 countries, Modi underscored India’s rapid transformation into a maritime powerhouse and called…
Pratik Bijlani – During India Maritime Week 2025 in Mumbai, the Directorate General of Shipping (DG Shipping) announced the signing of 76 Memorandums of Understanding (MoUs) with key maritime stakeholders, signalling a powerful leap toward India’s maritime transformation. These agreements form part of a larger wave of over 600 MoUs signed overall by DG Shipping,…
Pratik Bijlani and Sonia Parmar – As part of India Maritime Week 2025, the Directorate General of Shipping (DG Shipping) organized a landmark seminar titled “GMIS – Guardians of the Sea: Maritime Safety and Security” under the theme “Navigating Safely: Building Smart, Secure, and Sovereign Seaways.” The session emphasized the growing importance of maritime safety…
Dr Radhika Vakharia – On 29th October, the Denmark Country Session at India Maritime Week underscored the deepening maritime partnership between India and Denmark, focusing on efficiency, sustainability, and innovation in the global maritime industry. As both nations work toward greener oceans and smarter shipping, the session highlighted how their cooperation is helping to shape…
Marine Insurance Under the Microscope Delphine Estibeiro – In an era of rising risks and complex claims, one question looms large for shipowners, charterers, and insurers alike: Are we really insured? This provocative topic will take centre stage at the exclusive workshop Navigating Risk, Securing Trade: Practical Mastery in Marine Insurance, scheduled for Thursday, 20th…
Pratik Bijlani – At India Maritime Week 2025 (IMW 2025), the Chintan Research Foundation (CRF), in collaboration with the Ministry of Ports, Shipping and Waterways (MoPSW), hosted a high-level seminar titled “Transnational Connectivity: Shaping Future Strategic Ties.” The seminar brought together global policymakers, maritime leaders, and diplomats to deliberate on the evolving landscape of international…
India’s US Crude Imports for October highest since 2022 November Shipments likely 4/450,000 Barrels Per Day (BPD) from average 300,000 BPD. India’s oil imports from the U.S. have risen to their highest level since 2022 in October, under-lining bargain hunting by Indian Refiners rather than a structural shift against the Tariffs for India over purchase…