India has summoned Iran’s deputy ambassador after Iranian cruise missiles struck two oil tankers in the Strait of Hormuz, killing an Indian crew member and injuring others. New Delhi emphasized the need for de-escalation and safe navigation in this vital maritime route, highlighting concerns over regional stability and the safety of its nationals.
Seven Indian-flagged vessels are currently navigating the Persian Gulf, continuing their operations amid rising regional tensions. Of these, five engage in commercial activities while two are container ships. Authorities emphasize heightened security protocols, advising crews to exercise caution, as concerns mount over Indian seafarers’ safety following recent maritime incidents.
The Ministry of External Affairs reported that 30 Indian nationals were part of the crew on two vessels attacked by Iranian cruise missiles in the Strait of Hormuz. Tragically, one Indian crew member lost his life, while several others sustained injuries. India’s diplomatic mission in the UAE is actively assisting the affected seafarers.
Cochin Shipyard Ltd (CSL) has joined the Bharat Container Shipping Line (BCSL) consortium to construct various vessels, including container ships and tankers. This move aligns with the Indian government’s goal to boost domestic shipbuilding, reduce reliance on foreign builders, and enhance India’s shipping capacity, ultimately supporting long-term industrial growth.
On July 9, the V.O. Chidambaranar Port Authority signed a significant MoU with Belgium’s Port of Antwerp-Bruges and APEC Antwerp-Flanders Port Training Center. This three-year partnership focuses on training, sustainability, and digital transformation, reinforcing India’s commitment to green innovation in maritime operations and enhancing India-Europe maritime relations.
India has condemned the recent attack on the merchant vessel GFS Galaxy off Oman, describing ongoing assaults on commercial shipping in the Middle East as “deeply worrisome.” Ten of the eleven Indian crew members have been rescued, while search operations continue for the missing sailor. The government stresses the need for maritime security.
Goa has appointed the Captain of Ports to lead the newly formed Goa Maritime Board under the Indian Ports Act, 2025. This initiative aims to modernize port administration, enhancing statutory independence. The Captain will also supervise minor ports, improving oversight of safety and infrastructure, thereby contributing to Goa’s economic growth.
The Indian government has simplified licensing for entities in GIFT City that charter foreign-flag vessels for international operations, easing compliance burdens. This change, aimed at enhancing maritime finance, eliminates the need for licenses for ships not docking in India, fostering a competitive ecosystem in the International Financial Services Centre.
The Deendayal Port Authority in Kandla achieved a new operational record by loading 38,500 metric tonnes of bentonite onto the MV BUZZARD in just over 22 hours. This remarkable feat highlights the port’s commitment to efficient cargo handling and strengthens its position among India’s major ports, enhancing the country’s export competitiveness.
Kochi Metro Rail Limited (KMRL) has partnered with SCMS Water Institute to explore extending the Water Metro network from Aluva Metro Station to Cochin International Airport via the Periyar River. This sustainable initiative enhances last-mile connectivity and aims to alleviate road congestion while promoting climate-resilient urban mobility solutions in Kochi.
India and Indonesia are enhancing maritime cooperation by focusing on strategic initiatives like the Great Nicobar Island project and Sabang Port. During Prime Minister Modi’s recent visit, they discussed boosting mutual maritime awareness and collaboration between Coast Guards. Both countries aim to elevate bilateral trade and strengthen educational ties, fostering deeper industry collaboration.
Andhra Pradesh is actively pursuing investments from South Korean maritime manufacturers for its ambitious ₹30,000 crore Dugarajapatnam shipbuilding cluster. This initiative aims to enhance India’s domestic shipbuilding capacity, positioning the state as a key maritime hub with a projected capacity of 1.2 million gross tonnage, fostering regional economic development.
Kerala has initiated a review of Adani Ports’ proposed sale of a 49% stake in the Vizhinjam International Seaport. The state claims it wasn’t officially notified and is evaluating compliance with the concession agreement. Any ownership change over 25% requires government approval, raising concerns about the transaction’s legality and implications.
An Indian cargo vessel reportedly suffered a suspected drone attack in the Gulf of Oman, igniting fears over security in the Strait of Hormuz. This incident raises alarms about rising threats to commercial shipping, impacting freight costs and navigation rights crucial for global trade, particularly for Indian operators in the region.
The government’s Offer for Sale (OFS) to reduce its stake in Cochin Shipyard concluded on Wednesday, resulting in a 3.04% drop in shares, settling at Rs 1,404.30. The OFS allowed divestment of up to 5.04%, driven by strong institutional interest, leading to a full subscription in the non-retail segment.
