India is actively monitoring the safety of over 4,500 Indian seafarers operating in the Persian Gulf, including 163 aboard 12 active ships, as reported by the Ministry of External Affairs (MEA). MEA Spokesperson Randhir Jaiswal highlighted that the maritime presence includes six Indian-flagged vessels and six foreign-flagged ships transporting cargo to India. He assured that…
On September 27, 2026, the Paradip Port Authority initiated an emergency response for the MT SEAGULL 9 after it reported an engine failure and water ingress 35 nautical miles from port. Quick coordination with the Indian Coast Guard and effective deployment of resources ensured the vessel was safely towed back by September 28.
VOC Port reported a remarkable 74.5% increase in wind turbine blade handling from April to August 2026, managing 2,188 blades compared to 1,254 in the prior fiscal year. With 52 vessels transporting these components, the port is expanding its infrastructure to meet the growing logistics demands of India’s renewable energy sector.
Sagarmala Finance Corporation Ltd (SMFCL), India’s first maritime non-banking financial institution, has retracted its inaugural ₹600 crore blue bond issuance amid investor demands for higher coupon rates. Despite attempts to price the 10-year bonds below 8%, bids ranged from 7.69% to 8.44%, prompting the withdrawal amid rising borrowing costs.
The Jawaharlal Nehru Port Authority has partnered with the International Finance Corporation to introduce India’s first blue financing framework for the maritime sector. With a US$70 million investment, this initiative aims to reduce carbon emissions by 63% and air pollution by 90%, while creating over 400 jobs in the process.
A specialized damage control team from the Indian Coast Guard responded to flooding on the product tanker Sea Gull 9 off India’s northeastern coast. The vessel, carrying palm oil, reported uncontrolled flooding and engine failure. The Coast Guard successfully deployed pumps and contained leaks, ensuring the tanker was safely anchored for repairs.
Goa’s Maritime School in Britona is set to launch 24 new courses focusing on yacht operations, water sports, and lifesaving. This initiative, backed by the Goa Institute of Maritime Excellence, aims to enhance training for inland and coastal waters, including safety, rescue, and recreational diving, while the permanent campus is developed.
Since its launch in May 2023, India’s Bharat Maritime Insurance Pool (BMIP) has swiftly issued over 3,000 cargo-war insurance policies, enhancing domestic maritime insurance capabilities. With an underwriting capacity of approximately Rs 13,906.5 crore, the BMIP aims to reduce reliance on foreign insurers, supporting Indian shipowners and businesses reliant on maritime trade.
India strongly condemned the attacks on commercial shipping and seafarers during the Gulf conflict at the UN General Assembly, calling such actions “simply unacceptable.” The External Affairs Minister urged all parties to exercise restraint, emphasizing the need to protect civilians and ensure the uninterrupted flow of energy and commerce.
The recently launched “Group of Friends on Safety & Security of Shipping & Seafarers,” co-chaired by India and Liberia, aims to enhance maritime safety. With representatives from 25 countries, the coalition seeks to combat piracy, protect commercial routes, and prioritize seafarers’ welfare in response to rising threats against global shipping.
The establishment of a Seafarers’ Welfare Centre at Mormugao Port has received official approval, backed by Rs 13 crore from the Seafarers Welfare Fund Society. This initiative aims to enhance support for maritime professionals and includes proposals for a Seamen’s Club, improving facilities and education in the maritime sector.
India and Liberia have established a “Group of Friends” to enhance shipping safety and protect seafarers amid rising threats, particularly in the Strait of Hormuz and Bab-el-Mandeb. This initiative, announced during the 81st UN General Assembly, aims for international cooperation to address increasing attacks on maritime commerce.
Cochin Shipyard Limited (CSL) has reached a milestone by delivering India’s first passenger vessel powered by hydrogen fuel cells, the catamaran ferry FCV Pilot-01. Currently operational on the Ganges River, it features innovative technology, with a length of 24.8 meters, ensuring efficient and eco-friendly transportation on India’s waterways.
The World Maritime Day 2026 celebrations underscored the critical need to enhance Kerala’s maritime sector for youth opportunities. Vice Chancellor A Bijukumar emphasized rethinking the blue economy through community-centered development, advocating for Kochi as a maritime knowledge hub, and promoting collaboration among local institutions to harness the region’s maritime potential.
US President Donald Trump has reiterated his support for the India-Middle East-Europe Economic Corridor (IMEC), highlighting its significance amid rising US-Iran tensions. During a meeting with Gulf leaders at the UN General Assembly, he stressed the need for alternative energy solutions and improved transport infrastructure to facilitate trade.
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