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Adani Ports arm incorporates 100% subsidiary in UAE for offshore marine operations
The company said Harbour International Shipping FZCO was incorporated on June 5, 2026. Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,823.10, up by ₹32.60, or 1.82%, on the BSE today, June 5.
Iran Says It Fired Warning Missiles, Drones At US Warships In Gulf Of Oman
Iranian authorities alleged that US naval activities have disrupted commercial shipping routes.
Small-cap stock Shreeji Shipping Global shows resilience against stock market crash - Mint
Small-cap stock Shreeji Shipping Global shows resilience against stock market crashMint
India’s shipping services to East Hormuz and Red Sea doubled from February
Shipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a large number of applications for the Emergency Credit Line Guarantee Scheme 5.0. This comes as tensions in West Asia have impacted maritime trade and insurance. India has launched a maritime insurance pool to support its vessels.
SAIL sees limited steel price impact from Iran conflict
SAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a steady flow of essential raw materials like limestone from Dubai. SAIL chairman Ashok Panda highlighted that securing raw material availability is paramount for continuous operations.
Trade Setup for June 1: Nifty hovers around key supports with RBI Policy the next major trigger
Investors will closely track the RBI's monetary policy decision next week, along with developments in US-Iran negotiations, crude oil price movements and shipping activity through the Strait of Hormuz.
Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV project
Garden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for German shipping company Carsten Rehder. The project marks a significant expansion for GRSE into the global commercial shipbuilding market. The vessels are advanced CORAL 7500 DWT multi-purpose ships. This contract highlights GRSE's growing international presence.
Strait of Hormuz ship transits are rising thanks to help from US
Shipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels. Recent transits, some with satellite transponders off, suggest a potential boost in trade flow. This comes amid hopes for a broader reopening of shipping routes tied to a potential US-Iran deal.
Oil prices slips as Iran-US ceasefire extension talks ease Hormuz disruption fears
Crude prices fall after reports of a proposed 60-day ceasefire extension and possible easing of shipping restrictions through the Strait of Hormuz, even as US-Iran tensions remain unresolved.
Vizhinjam International Seaport Crosses 2 Million TEUs In 18 Months, Fastest For Any Indian Port
The achievement reinforces Vizhinjam's emergence as a globally competitive deep-water transshipment hub and reflects rising confidence among leading global shipping lines in the port's infrastructure, efficiency and strategic location.
Merchant ships desert Strait of Hormuz amid renewed US strikes
Commercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between the US and Iran intensified. Ship-tracking data showed no commercial vessels crossing the key oil chokepoint Thursday morning after only six two-way crossings on Wednesday.
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involved
America has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could invite US sanctions. This move escalates pressure on Tehran's control over the vital Strait of Hormuz. The US Treasury Department stated that such cooperation might support Iran's Revolutionary Guard Corps.