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India: Budget unveils mega shipbuilding plan, eyes larger private investment

India: Budget unveils mega shipbuilding plan, eyes larger private investment
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the lines of Japan and Korea, as it eyes a larger participation of the private sector in infrastructure development through a string of public-private-partnership (PPP)...
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With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official

President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says that Panama has been inching closer to China — a risk that Trump alluded to a few weeks ago when he said he would not rule out using the military — and American businesses...
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E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times

E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean...
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Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online

Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months ended December 31, 2024. Key Recent Development Declared an irregular dividend totaling approximately $30.0 million, or...
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Shipowners Encouraged To Shield Against Accidents By Better Learning From Human Factors

The University of Strathclyde is encouraging ship operators, safety professionals and accident investigators to use the Safety Human Incident & Error Learning Database (SHIELD) to better understand the underlying root cause of human-factor related issues in...
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Traders offer March-delivery Russian oil to India at narrower discounts, sources say

Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by recently imposed U.S. sanctions that have pushed up trading costs, Indian refining sources said on Friday. Washington earlier this month imposed...
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