India Maritime Week 2025 has brought together participants from over 100 countries, 500 exhibitors, and more than one lakh delegates to forge partnerships that will shape the future of global maritime trade.
The three-day dialogue, from October 27 to October 29, being co-hosted by the Observer Research Foundation (ORF) and the Ministry of Ports, Shipping and Waterways (MoPSW), is part of the Ministry's biennial India Maritime Week (IMW), which is being held from October 27 to 31 in Mumbai.
The Chinese Ministry, in a statement, outlined a phased escalation for the special port fees on eligible US vessels berthing at Chinese ports, which will initially be 400 yuan ($56) per net ton from Tuesday and increase annually on April 17 for the subsequent three years.
The Greek- owned vessel 'Eternity C' was carrying 22 crew members -- 21 Filipinos and one Russian -- when it was allegedly struck by drones and rocket-propelled grenades launched by Iran-backed Houthi militants off the coast of Yemen. On Sunday
Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, also attended the MoU signing ceremony between the two companies. The MoU was signed on the sidelines of Norshipping 2025, a maritime trade fair on June 2 in Oslo, Norway.
Speaking to ANI on Tuesday, Azar commended the US decision to put pressure on the Houthis, stressing that it is crucial for Iran, the main perpetrator behind the Houthis, to understand that "they will pay the price as well."
Prime Minister Narendra Modi is set to launch India's largest deep-water port, Vadhvan, in Palghar, Maharashtra, on Friday, with an investment of Rs 76,220 crore.
A Greek-owned ship sank in the Red Sea after being attacked by the Iranian-backed Houthi rebels on Wednesday, reported CBS News citing the UK Maritime Trade Operations (UKMTO).
This long-term deal, signed between Indian Ports Global Ltd. (IPGL) and Iran's Port and Maritime Organisation (PMO), grants India operational control over the Shahid Beheshti terminal, a key component of Chabahar's port infrastructure.
In his latest televised address, the Houthis' military spokesman, Yahya Saree, claimed responsibility for targeting the "British oil ship Andromeda Star" in the Red Sea with naval missiles. The vessel sustained minor damage, according to the US Central Command (CENTCOM), but is continuing