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India Halts Seafarer Deployments Through Hormuz

By Uniquetimesorg July 16, 2026 0

India has directed shipowners, ship managers, and recruitment agencies to stop deploying Indian seafarers on vessels passing through the Strait of Hormuz until further notice. The order comes as security risks in the region escalate following renewed fighting and recent attacks on commercial ships. The Directorate General of Shipping said the decision was taken to […]Continue Reading

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India Exempts GIFT City Firms from Foreign Vessel Licensing

By Uniquetimesorg July 11, 2026 0

The Indian government has exempted businesses operating in Gujarat International Finance Tec-City (GIFT City) from obtaining licenses to charter foreign vessels for export, import cargo movement, and international trade operations. The move is aimed at simplifying regulations and making cross-border shipping activities more efficient for companies based in the financial Continue Reading

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Kerala Says It Was Not Consulted on MSC’s $1.4 Billion Investment in Vizhinjam Port

By Uniquetimesorg July 3, 2026 0

Kerala Chief Minister V.D. Satheesan has said the state government was not consulted about MSC Group’s proposed $1.4 billion investment in the Vizhinjam Port, where the Swiss shipping giant plans to acquire a 49% stake in partnership with Adani Ports and Special Economic Zone. The investment, announced earlier this week, is expected to become the […]Continue Reading

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India Boosts Gulf Maritime Vigil

By Uniquetimesorg March 3, 2026 0

India has ramped up maritime surveillance in the Persian Gulf region as security risks escalate amid ongoing tensions. The Ministry of Ports, Shipping and Waterways said it is closely tracking developments and has activated precautionary measures to protect Indian-flagged vessels and seafarers. Union Minister Sarbananda Sonowal chaired a high-level review meeting, where Continue Reading

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India’s First Maritime NBFC OKs ₹25,000-Crore Borrowing Plan to Boost Port & Shipping Growth

By Uniquetimesorg November 22, 2025 0

India’s first dedicated maritime-sector NBFC, Sagarmala Finance Corporation Limited (SMFCL), has secured board approval to raise up to ₹25,000 crore to expand long-term funding for ports, shipyards, coastal logistics and related infrastructure. Approved at the company’s Annual General Meeting, the borrowing plan allows SMFCL to raise capital through banks, financial Continue Reading