Tuesday, June 2, 2026

National Shipping Board Rules 2026 Notified in Supersession of National Shipping Board Rules, 196 Read more at: https://www.scconline.com/blog/post/2026/05/27/national-shipping-board-rules-2026-key-provisions-india/

 The National Shipping Board Rules, 2026 aim to strengthen India’s maritime governance by establishing a structured and effective advisory body.

Published on May 27, 2026By Kriti


On 20 May 2026, the Ministry of Ports, Shipping and Waterways notified the National Shipping Board Rules, 2026 to ensure an effective advisory body that guides the Government of India on shipping-related matters and promotes the development of the maritime sector.

The provisions came into force on 20 May 2026.

All you need to know about the National Shipping Board Rules, 2026:
The National Shipping Board Rules, 2026, come under the ambit of the Merchant Shipping Act, 2025.

These Rules have been notified in supersession of the National Shipping Board Rules, 1960.

Constitution of Board:

The Central Government will set up the National Shipping Board by issuing a notification.

The Board will be created for 2 years at first and then will be re-created every 2 years.

If a new Board is not formed on time, the old Board will continue working, but only for a maximum of 6 months.

When a new Board is formed, all decisions and actions taken by the old Board will remain valid.

Term of office:

The Chairperson and other members, except Member of Parliament, serve for 2 years.

If the Chairperson’s post becomes vacant, the Central Government will appoint a new Chairperson.

If a Member of Parliament position becomes vacant, it will be filled by election.

If any other member’s post becomes vacant, the Central Government will appoint a replacement.

The new person, Chairperson or member, will serve only for the remaining period, not a full 2 years.

Resignation by Chairperson and member of Board:

The Chairperson can resign by writing to the Central Government, and a member can resign by writing to the Chairperson.

However, they will continue working until the resignation becomes effective.

The resignation becomes effective when it is accepted or after 30 days from the date of submission, whichever happens earlier.

Removal of Chairperson and members from office:

The Central Government can remove the Chairperson or any member of the Board if:

✓ They stay outside India for more than 6 months without permission;

✓ They miss 3 meetings in a row without permission;

✓ They are declared insolvent;

✓ They are convicted of a serious offence of moral wrongdoing;

✓ They no longer represent the group/interest they were appointed for.

The Government can also remove a member if it thinks the person should not continue, but it will have to record reasons in writing and give the person a chance to explain.

Secretary Board:

The Central Government appoints a Secretary to the Board, either a member or any other person.

The Secretary works under the control of the Board and helps the Chairperson.

Main duties of Secretary:

✓ Arrange meetings of the Board as directed by the Chairperson;

✓ Maintain records (minutes) of meetings;

✓ Perform any other tasks assigned by the Board.

Secretarial assistance to Board:

The Board will get secretarial support from the Director-General.

The Director-General will appoint staff needed for the Board’s work.

These staff members will be part of the Director-General’s office.

All expenses like salary and allowances of staff will be paid from the Director-General’s budget.

The Headquarters of the National Shipping Board will be in New Delhi.

Members of the Board will be entitled to travel and daily allowances.

Procedure for conduct of business:

The Board will usually meet every 3 months.

Meetings can be called by the Chairperson.

The Chairperson decides the time and place of meetings.

Members must be given at least 15 days’ notice.

If a member does not receive the notice, the meeting is still valid.

In urgent cases, the Chairperson can call a meeting with shorter notice.

Agenda to be discussed will be sent along with the notice, or soon after.

If a member wants to discuss something:

✓ They must give written notice 7 days in advance with details.

✓ The Chairperson may allow late items if needed.

Only listed items are discussed, unless the Chairperson permits otherwise.

The Chairperson presides over meetings.

In case the Chairperson is absent, members can choose someone to preside.

The Chairperson controls the meeting, including postponing it if required.

Read more at: https://www.scconline.com/blog/post/2026/05/27/national-shipping-board-rules-2026-key-provisions-india/

India wants return of stranded ships before sending more to Gulf

 

NEW DELHI, May 21 (Reuters) - India wants to secure the return of its ships stranded in ​the Gulf before sending any vessels back to ‌load fuel, a senior government official said on Thursday.
"Our priority is to get all our ships out of the Strait of ​Hormuz," said Mukesh Mangal, additional secretary at India's ​ministry of ports, shipping and waterways.

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India will send ⁠vessels to the west of the Strait of Hormuz "whenever ​the situation becomes conducive", he added.
India's shipping ministry is coordinating ​with the foreign ministry and a decision on sending vessels back will be taken after all stranded ships return, Mangal told ​a press conference.
He said 13 Indian-flagged vessels and one ​Indian-owned vessel are still stuck on the west side of the ‌Strait.
Thirteen ⁠vessels loaded with energy cargoes, mostly liquefied petroleum gas (LPG), have so far transited out of the Strait since its effective closure due to the conflict which began ​with U.S.-Israeli strikes ​on Iran ⁠on February 28.
Before the war, India sourced more than 40% of its crude oil ​imports and about 90% of its LPG, ​which is ⁠used for cooking, from the Middle East through the Strait of Hormuz.
India now faces one of its worst cooking gas ⁠supply ​disruptions in decades, with shipments ​through the Strait largely halted due to the conflict.
Reporting by Saurabh Sharma ​and Nidhi Verma in New Delhi; Editing by Alexander Smith  
 


directrotete general of shipping india

On 1st June 2026, the Directorate General of Shipping (DG Shipping), Government of India, entered into a Memorandum of Understanding (MoU) with the Maritime Research Center (MRC), represented by Dr. (Cdr.) Arnab Das, Founder & Director.
The MoU focuses on fostering an institutional partnership aimed at advancing technology-driven, policy-aligned, and capacity-oriented solutions for critical challenges in the maritime domain. At its core, the collaboration is anchored in the Underwater Domain Awareness (UDA) framework pioneered by MRC, which emphasizes a holistic integration of science, technology, and governance to enable comprehensive and data-driven management of underwater, coastal, and maritime ecosystems.
It encompasses four priority domains, Underwater Radiated Noise (URN), Marine Spatial Planning (MSP), Sediment Management and Biofouling Management. The collaboration adopts a structured “Outreach–Engage–Sustain” framework to ensure long-term impact. The initiative is expected to enhance situational awareness, strengthen policy frameworks, promote sustainable maritime practices, and build institutional capacity, thereby contributing to safer, more efficient, and environmentally responsible maritime operations.

India Assures Energy Stability Amid West Asia Crisis

 

Maritime news, Delhi, India: As tensions continue to escalate in West Asia, the Government of India has intensified monitoring of maritime trade routes, fuel reserves and supply chains, while assuring citizens that the country remains adequately prepared to handle any prolonged geopolitical disruption.

At the fifth meeting of the Informal Group of Ministers (IGoM) on West Asia, chaired by Defence Minister Rajnath Singh, the government reviewed India’s preparedness to minimise the impact of the conflict on energy security, maritime trade and the domestic economy.

The meeting brought together senior ministers including Sarbananda Sonowal, Hardeep Singh Puri, Ashwini Vaishnaw and JP Nadda, reflecting the government’s whole-of-government approach toward the evolving regional crisis.

India Holds 60-Day Crude Oil and Natural Gas Reserves

Officials informed the ministers that India currently maintains:

  • 60 days of crude oil reserves
  • 60 days of natural gas reserves
  • 45 days of LPG rolling stock

The government also highlighted that India’s foreign exchange reserves remain strong at approximately $703 billion, providing additional economic stability during the ongoing geopolitical uncertainty.

India, currently the world’s third-largest oil refiner and fourth-largest exporter of petroleum products, exports fuel products to more than 150 countries while continuing to meet domestic demand.

Maritime Trade Routes Remain a Strategic Priority

Defence Minister Rajnath Singh stressed that India’s immediate priority is to ensure:

  • uninterrupted energy flows
  • stable economic activity
  • secure maritime trade routes

The statement comes at a time when commercial shipping lanes across the Strait of Hormuz and the Gulf region are witnessing increasing security concerns, vessel attacks and operational disruptions.

The government has directed all stakeholders to remain vigilant as geopolitical tensions continue to impact global shipping and energy markets.

Oil Companies Absorbing Massive Losses

Despite rising international crude prices, India has managed to maintain stable domestic fuel prices for more than 70 days since the conflict escalated.

Officials revealed that Indian oil marketing companies are currently absorbing losses of nearly:

  • ₹1,000 crore per day
  • with total under-recoveries approaching ₹2 lakh crore in Q1 2026

The government said these measures were aimed at protecting Indian consumers from the global price surge.

In several countries, fuel prices have reportedly increased by 30 to 70 percent during the same period.

Government Appeals for Fuel Conservation

Prime Minister Narendra Modi has appealed to citizens to reduce unnecessary fuel consumption and adopt conservation measures.

The government urged citizens to:

  • use public transport and carpooling
  • reduce non-essential foreign travel
  • prioritise domestic tourism
  • avoid unnecessary fuel wastage

Officials said the conservation efforts are intended not only for the current crisis but also for long-term national energy resilience.

Fertiliser and Supply Chain Position Stable

The IGoM was also informed that essential commodity supplies and fertiliser stocks remain stable.

As of May 11, 2026, India’s total fertiliser stock stood at approximately 199.65 lakh tonnes, significantly higher than the 178.58 lakh tonnes recorded during the same period last year.

For the upcoming Kharif 2026 season, current stock levels already account for more than 51 percent of projected demand, compared to the usual preparedness level of around 33 percent.

The government attributed the improved position to better logistics management and advance planning.

Strategic Preparedness Beyond the Current Conflict

Rajnath Singh emphasised that the West Asia conflict should not be viewed as an isolated regional issue, warning that global crises increasingly affect interconnected economies and maritime trade systems.

He called for:

  • strategic crisis anticipation
  • early warning assessments
  • scenario planning
  • stronger national preparedness systems

The government also highlighted efforts to accelerate renewable energy adoption, diversify energy supplies and improve long-term energy security infrastructure.

Industry Relief Measures Announced

To support businesses affected by the crisis, the Union Cabinet recently approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aimed at facilitating an additional ₹2.55 lakh crore in credit flow for MSMEs, airlines and industry sectors.

The Finance Ministry has also enabled force majeure-related relief measures in public procurement contracts due to the ongoing geopolitical situation.

Maritime Industry Closely Monitoring Gulf Developments

With commercial vessels increasingly facing operational disruptions in Gulf waters, maritime stakeholders continue to closely monitor developments across key shipping routes.

Industry analysts believe the evolving situation could have wider implications for:

  • tanker movement
  • container shipping
  • energy trade
  • marine insurance
  • freight rates
  • port operations

particularly across the Indian Ocean and Gulf shipping corridors.

Indian Navy’s IOS SAGAR concludes strategic Bangladesh port visit

Maritime News: Indian Navy’s INS Sunayna, deployed under the Indian Ocean Ship (IOS) SAGAR initiative, departed Chattogram, Bangladesh, after completing a multi-dimensional port visit focused on maritime cooperation, professional exchanges and regional naval engagement.

The vessel departed on May 10, 2026, and is currently en route to Colombo, Sri Lanka, its next operational destination under the ongoing regional deployment. The departure was marked by a ceremonial send-off hosted by the Bangladesh Navy.

Maritime Cooperation and Bilateral Naval Engagements

During the visit, the Commanding Officer of IOS SAGAR held discussions with senior Bangladesh Navy leadership, including:

  • Commander Bangladesh Navy Fleet (COMBAN)
  • Commander Chattogram Naval Area (COMCHIT)

The interactions focused on strengthening bilateral maritime cooperation and advancing shared regional security objectives in the Indian Ocean Region.

A formal deck reception hosted onboard IOS SAGAR brought together senior Bangladesh Navy officials and maritime stakeholders, while Indian naval personnel also attended a reception organised by the Bangladesh Navy.

Professional Exchanges and Naval Training Interactions

The port call included several professional interactions between the two navies, including:

  • cross-deck visits
  • exchange of best operational practices
  • officer-level engagements
  • naval training discussions

Crew members from IOS SAGAR also visited the Bangladesh Naval Academy, where they interacted with officer cadets and faculty members.

Friendly sports fixtures and cultural activities were organised to strengthen camaraderie and improve mutual understanding between personnel of both navies.

PASSEX Conducted with Bangladesh Navy

Following its departure from Chattogram, IOS SAGAR participated in a Passage Exercise (PASSEX) alongside BNS Protoy and Bangladesh Navy air assets.

The exercise included:

  • coordinated maritime drills
  • advanced surface manoeuvres
  • operational communication exercises
  • interoperability procedures

The PASSEX was aimed at improving operational coordination and strengthening maritime interoperability between the Indian and Bangladesh navies.

Strengthening Security in the Indian Ocean Region

The visit highlights the growing maritime partnership between India and Bangladesh amid evolving strategic dynamics in the Indian Ocean Region.

Officials stated that the deployment under the IOS SAGAR initiative reflects the shared commitment of both countries towards:

  • maritime security
  • regional stability
  • operational cooperation
  • safe sea lanes in the Indian Ocean

Notably, IOS SAGAR currently carries personnel from 16 partner nations, underscoring India’s broader regional maritime engagement and collaborative naval diplomacy efforts.

India Expanding Regional Maritime Outreach

The Indian Navy has increasingly expanded its maritime engagement across the Indian Ocean Region through:

  • bilateral naval exercises
  • humanitarian missions
  • coordinated patrols
  • regional interoperability initiatives

The IOS SAGAR deployment forms part of India’s wider strategic outreach aimed at reinforcing regional maritime partnerships and ensuring stability across critical sea routes.


Sunday, March 29, 2026

Ship insurers juggle war risks for perilous Gulf route Read more at: https://infra.economictimes.indiatimes.com/news/ports-shipping/ship-insurers-juggle-war-risks-for-perilous-gulf-route/129876270?utm_source=top_news&utm_medium=sectionListing

 Insurers are reassessing war risk policies, leading to higher premiums for ships ..

The overlooked gaps in war-risk cargo coverage

 

Not all risks are automatically included in standard marine cargo insurance policies

 

STRAITJACKETED. Marine insurance typically does not cover the cost of rerouting a ship during a conflict | Photo Credit: STRINGER

The impact of the ongoing war in West Asia is being felt across the world. Beyond geopolitics and energy markets, the repercussions are being felt in boardrooms, export houses and logistics companies. Over the past few weeks, there has been a noticeable shift in behaviour among exporters and importers. Insurance policies that were filed away are now being reopened. Clauses that were once assumed standard are now being finely studied.

The question many are asking is simple: Are we really covered if things escalate further? And for many, the answer is not as straightforward as they had thought earlier.

The biggest misconception is around “all-risk” policies.

 

Hapag Lloyd incurring $50 million in extra costs per week, 25,000 shipments impacted due to West Asia war, says CEO

 

Hapag Lloyd, which is the world’s fifth largest container shipping company, signed letter of intent with Indian government to set up a ship recycling unit and invest in Vadhavan port

The conflict has also impacted over 25,000 shipments, significant chunk of which were from or enroute India, Jansen said at a MOU signing ceremony in Mumbai. | Photo Credit: MOHAMED ABD EL GHANY

Hapag Lloyd is incurring additional cost of $ 40-50 million per week due to ongoing conflict in West Asia, Rolf Habben Jansen, CEO of Hapag Lloyd said on Thursday.

The conflict has also impacted over 25,000 shipments, significant chunk of which were from or enroute India, Jansen said at a MOU signing ceremony in Mumbai.

Hapag Lloyd, which is the world’s fifth largest container shipping company, signed letter of intent with Indian government to set up a ship recycling unit and invest in Vadhavan port. Additionally the company also announced its intent to reflag upto four vessels in India.

 

JNPA cuts stranded containers to half; Sonowal conducts review

 

Over the past 20 days, about 16,000 TEUs were dispatched from the port to destinations in the Middle East

Customs authorities at Jawaharlal Nehru Customs House (JNCH) now allow “Brought to Terminal” (BTT) movement of export cargo even without an Export General Manifest (EGM), with minimal inspections and waived charges (file photo) | Photo Credit: ABEER KHAN

The Jawaharlal Nehru Port in Maharashtra has successfully reduced stranded containers to half, even as global shipping dynamics remain affected by the ongoing West Asia war. The progress follows a review and consultation meeting chaired by Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Thursday, which brought together key stakeholders, including shipping lines, terminal operators, and trade bodies to discuss continuity, resilience, and strategic adaptation in maritime operations.

Over the past 20 days, about 16,000 TEUs were dispatched from the port to destinations in the Middle East, while around 1,700 TEUs returned to local terminals. The number of vessels at anchorage has been reduced from nine to four, while the port is currently operating at around 50 per cent of its container storage capacity, the Jawaharlal Nehru Port Authority (JNPA) said in an official release.

“During this period, the number of vessels at anchorage has significantly reduced from nine to four, indicating improved vessel clearance and operational efficiency. As of March 18, there are approximately 25,000 TEUs of transshipment containers unloaded for temporary storage at the port. The number of stranded containers at JNPA has come down from around 5,000 TEUs on March 1 to nearly 2,500 TEUs of export containers, while perishable/reefer cargo has reduced from 2,000 TEUs to around 800 TEUs as of March 16,” JNPA added

 

NMPA announces measures for cargo affected by West Asia crisis

 

Ground rent waivers, emergency handling and added storage capacity offered

NMPA will accommodate all additional stranded cargo and facilitate emergency discharge for vessels transiting to West Asia. | Photo Credit: FAKRUDDIN H

New Mangalore Port Authority (NMPA) has announced several measures to mitigate the hardships faced by port users due to ongoing geopolitical disturbances in West Asia.

In a trade notice dated March 17, NMPA announced measures such as facility to store stranded containers in the terminal’s container yards / port storage area till the cargo is shipped out. NMPA and the terminal operator are in constant consultation with Customs authorities to facilitate storage of laden containers from other ports destined to West Asia, as temporary transshipment cargo at NMPA terminal.

The trade notice said that NMPA has sufficient storage capacity to provide additional space for terminal, export-import, and transit cargo

 

Marine insurance’s added cost of war

 

Premiums for marine hull and cargo coverage zoom after attacks on ships in the Strait of Hormuz

India’s general insurance sector is feeling the heat of the ongoing US-Israel war with Iran, with the conflict spilling over to multiple countries in West Asia.

Shipping activity in the Strait of Hormuz — a vital corridor — has been disrupted and oil shipments remain largely blocked after several tankers were damaged by Iranian strikes. The attacks on ships traversing the Strait of Hormuz has led to a spike in war-risk insurance premiums for marine hull and cargo, as also claims risk. The available insurance capacity has tightened.

Insurance companies have been reassessing marine risk coverage case by case, factoring in vessel routing, ports involved and reinsurer positions.

 

Trump says several countries will send warships to keep Strait of Hormuz open


While he did not confirm which nations had agreed, Trump expressed hope that countries such as China, France, Japan, South Korea and Britain would send naval vessels

 

U.S. President Donald Trump looks on before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. | Photo Credit: KEVIN LAMARQUEU.S. President Donald Trump said on Saturday that many countries would send warships to keep the Strait of Hormuz open for shipping, but did not provide details on which countries would do so.

“Many Countries, especially those who are affected by Iran’s attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe,” Trump wrote in a post on Truth Social.

Trump said he hoped that China, France, Japan, South Korea, United Kingdom and others would send ships to the area.



Tuesday, February 3, 2026

Major ports report 8% increase in volume in April-Dec 2025 A government official said the investments made by major ports in augmentation and efficiency has been a major factor in the cargo volume growth By T E Raja Simhan

 

Traffic through India’s 12 major ports rose by 8 per cent in the first nine months of the current financial year, with all the ports posting a positive growth. The major ports, governed by the Centre, handled 672 million tonnes (mt) in total between April 1 and December 31, 2025, as against 621 mt in the same period last year.

Increased handling of containers and Petroleum, Oil and Lubricants (POL) – despite the decline in import of Russian oil – helped the major ports post 8 per cent growth. Both containers and POL handling grew at over 10 per cent, as per data from the Indian Ports Association.

Kpler’s data shows that India’s imports of Russian crude fell by 595 kbpd month-on-month (m-o-m) in December, dropping to 1.24 mbpd. This was the lowest level since December 2022, according to Kpler.

Interestingly, all major ports reported a positive growth in the first nine months. However, in the same period last year, Kolkata, New Mangalore and Mormugao ports reported a decline over the previous year.

Deendayal port (formerly Kandla port) topped the list with cargo volume of 116 mt (7 per cent growth), followed by Paradip (115 mt) and JNPA (75 mt), the data shows.

In April to December this fiscal, Mormugao port posted the highest growth though the base was small while growth rate of handling by Kamarajar (Ennore) port was the lowest.

Diversifying sourcing

POL volumes at Indian ports will primarily comprise imports of crude oil, LPG, and natural gas, along with exports of key petroleum products such as motor spirit, high-speed diesel, and aviation turbine fuel (ATF), said Prashant Vasisht, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA. The decline in volumes from Russia is expected to be offset by increased crude procurement from other regions. Overall, POL volumes handled at ports will continue to grow in line with domestic demand and consumption, despite the reduction in Russian oil supplies, he told businessline.

As per ICRA analysis, POL like crude oil, LNG, and LPG, continued to hold the largest share at around 28 per cent, followed by coal at 24 per cent and containers at nearly 23 per cent. The remaining cargo comprised iron ore, fertilizers, and other commodities.

The rise in container volumes reflects the increasing containerisation of cargo in India, fueled by growing manufacturing activity, rising domestic consumption, and the e-commerce boom. Additionally, various Government of India (GoI) initiatives aimed at promoting multimodal logistics have further supported this trend, Vasisht said.

A government official said the investments made by major ports in augmentation and efficiency has been a major factor in the cargo volume growth. After the new Major Ports Act, ports are free to decide rates as per market. If service is bad non-major ports (privately run) are there in the vicinity. The market decides, he said.

Published on January 7, 202

Suez Canal ship transits down 60% over 2023 Even though shipping companies returned to Suez Canal after Yemen’s Houthi rebels announced an end to vessel-related attacks, stakeholders have remained cautious

 

Ship sailings via Suez Canal are 60 per cent lower compared to the figure in 2023, but normalisation of the Red Sea appears more likely compared to past two years, an analysis by global shipping organisation BIMCO shows.

The last attack on a cargo ship in Gulf of Aden occurred on September 29, 2025. Subsequently, in November, the Houthi rebels of Yemen announced an end to all attacks on ships. Since then, shipping companies are taking cautious steps in using the Red Sea route. 

On December 19, 2025, a Maersk-owned ship used the Red Sea route for the first time in two years. French container line CMA CGM is also increasing its transits with ships making port calls at Malta and Port Said.

However, overall Suez Canal transits in first week of January were 60 per cent lower compared to first week of 2023, said Niels Rasmussen, chief shipping analyst at BIMCO.

Alternate route

While the safety of crew, ship and cargo remains paramount, recent reductions in Red Sea war risk premiums may encourage more ships to revert to Suez Canal routings. In early December, S&P Global reported that premiums fell to 0.2 per cent of hull values, the lowest since November 2023 and down from 0.5 per cent before the Israel-Hamas ceasefire.

“A normalisation of ship transits now appears more likely than at any point during the last two years, but it remains unknown if and how fast this may happen,” Rasmussen said.

According to him, a return to Suez Canal would reduce shipping companies’ costs significantly, but also hurt ship demand. “A full normalisation is estimated to reduce container ship demand by approximately 10 per cent while other sectors could see 2-3 per cent reductions,” he said.


MatchLog ties up with Softlink Global to enhance container asset optimisation capabilities The integration would help container reuse and asset optimisation for freight forwarders, third-party logistics providers and shipping companies

 

Container reuse platform MatchLog on Tuesday said it has entered into an agreement with logistics solutions provider Softlink Global to integrate its container equipment optimisation capabilities with the latter's enterprise resource planning platform Logi-Sys.

The integration would help container reuse and asset optimisation for freight forwarders, third-party logistics providers and shipping companies.

The integration is designed to scale across more than 100 countries where Logi-Sys is already deployed, using Softlink Global's footprint to standardise container reuse practices while adapting to regional operating realities, it said.

Softlink Global is a digital backbone platform powering freight and logistics operations for more than 5,100 companies globally, while its enterprise resource planning (ERP) platform serves as the system of record for freight forwarding, customs, warehousing and financial operations.

By embedding container optimisation within Logi-Sys, customers gain unified operational control across freight forwarding execution, container visibility, asset utilisation, customs documentation, warehousing and financial workflows through a single operational system, MatchLog said.

"Trade lanes across the Asia-Pacific region continue to face persistent container imbalance and empty repositioning challenges. Through this collaboration, we are taking a decisive step towards making container optimisation a seamless part of every logistics workflow. Integrating this capability within ERP systems empowers operators to strengthen asset utilisation, lower costs and accelerate progress towards more sustainable and efficient supply chains," said Manish Singh, Co-founder, MatchLog.

The strategic memorandum of understanding (MoU) addresses long-standing inefficiencies in container logistics by placing container reuse intelligence inside the same ERP workflows where bookings, documentation, billing and cost control are already managed, it said.

"By embedding MatchLog's reuse intelligence directly into Logi-Sys, we are extending ERP from transaction management into asset efficiency. This gives our customers tighter cost control, better planning discipline and cleaner execution without adding operational complexity," said Amit Maheshwari, Founder and CEO, Softlink Global.

India–US Air Cargo Volumes Jump 15% in Late January Despite Tariffs

 

India’s air cargo exports to the United States climbed 15 per cent year on year in the week of January 19–25, 2026, extending the strong momentum seen through the closing months of 2025, according to WorldACD’s Weekly Air Cargo Trends. This growth came despite higher US tariffs introduced in the second half of last year, underscoring the resilience of India–US trade lanes and sustained demand for time-sensitive exports.

India remained the largest origin market within the broader Middle East and South Asia region in week 4, as total air freight tonnages from the region rose 10 per cent year on year. Shipments from Middle East and South Asia to the US were up 11 per cent, while exports to Europe increased 7 per cent compared with the same week a year earlier, pointing to broad-based strength in outbound flows.

Globally, air cargo demand stabilised after the usual year-end dip, with worldwide chargeable weight up 1 per cent week on week and 3 per cent higher year on year. Capacity, however, expanded faster at 6 per cent above last year’s level, keeping average freight rates under pressure; global rates were 1 per cent lower year on year even though they edged up 2 per cent week on week to 2.43 dollars per kilo.

WorldACD noted that volumes from Asia-Pacific to the US and Europe flattened in week 4 after two weeks of strong recovery, with flows to the US marginally lower year on year and shipments to Europe still ahead of last year’s levels. For Indian exporters, the latest figures suggest that, despite tariff-related headwinds and shifting capacity dynamics, the India–US air cargo corridor continues to offer robust uplift for key product categories moving by air.

Centre bets on inland waterways, coastal shipping to drive logistics efficiency The Union Budget aims to enhance logistics efficiency by boosting inland waterways and coastal shipping, targeting a significant modal shift. By T E Raja Simhan

 

The 2026-27 Union Budget has provided a major boost to the Inland Waterways Transport (IWT), with 20 new national waterways to be operationalised over the next five years.

Despite being economical and cost effective, only 2-3 per cent of the country’s overall freight movement is through IWT. Road transport has a lion’s share of nearly 65 per cent and followed by rail at 26 per cent, said sources.

Freight corridors

Finance Minister Nirmala Sitharaman in her Budget speech to promote environmentally sustainable movement of cargo, proposed establishing new dedicated freight corridors connecting Dankuni in the East to Surat in the West. Further, starting with NW-5 in Odisha to connect mineral rich areas of Talcher and Angul and industrial centres like Kalinga Nagar to the Ports of Paradeep and Dhamra.

A coastal cargo promotion scheme will be launched to incentivise a modal shift from rail and road, to increase the share of inland waterways and coastal shipping from 6 per cent to 12 per cent by 2047.

Coupled with new dedicated freight corridors and incentives for coastal and inland shipping, the Budget is clearly targeting logistics efficiency and modal shift. The challenge now lies in execution — particularly in translating ship repair hubs, container manufacturing and coastal cargo incentives into a competitive and viable domestic maritime ecosystem, Jagannarayan Padmanabhan, Senior Director & Global Head, Consulting, Crisil Intelligence on Ports and Shipping.

Coastal shipping

According to Suresh Kumar, MD, Allcargo Terminals Ltd, as inland waterways and coastal shipping gain scale, locally manufactured containers — a major push given in the Budget — can support smoother cargo movement across road, rail and water, improving modal efficiency and lowering overall logistics costs.

India has about 14,500 km of navigable waterways which consist of rivers, canals, backwaters, creeks, etc. About 145.5 million tonnes (MMT) of cargo is being moved annually by IWT, a fuel-efficient and environment-friendly mode.

Its operations are currently restricted to a few stretches in the Ganga-Bhagirathi-Hooghly rivers, the Brahmaputra, the Barak river, the rivers in Goa, the backwaters in Kerala, inland waters in Mumbai and the deltaic regions of the Godavari-Krishna rivers.

Besides these organised operations by mechanised vessels, country boats of various capacities also operate in various rivers and canals. A substantial quantity of cargo and passengers are transported in this unorganised sector as well, according to information in IWT website.


Maritime domain central to India’s economic growth: DG Shipping The Blue Economy has emerged as a critical driver of infrastructure development, global competitiveness and sustainable growth under the vision of Viksit Bharat 2047

 

India is steadily emerging as a global leader in the Blue Economy, supported by multiple initiatives focusing on ports, shipbuilding, logistics, renewable energy and allied maritime industries, Shyam Jagannathan, Director General of Shipping, has said.

Emphasising the growing importance of the maritime sector in India’s economic transformation, he said the Blue Economy has emerged as a critical driver of infrastructure development, global competitiveness and sustainable growth under the vision of Viksit Bharat 2047.

pivotal role

Addressing Comarsem 2026 in Kochi on Friday, Jagannathan said India’s maritime domain plays a pivotal role in trade and logistics, with over 90 per cent of the country’s trade by volume moving through sea routes. With 1,520-plus merchant vessels and over 13 million gross tonnage capacity, the country is strengthening its presence in global shipping and maritime services.

The Government aims to position the country among the top 10 global shipbuilding and ship repair nations, scaling capacity from 30,000 GT to over 500,000 GT, while ensuring more than 60 per cent renewable energy usage at major ports.

Referring to the Maritime Amrit Kaal Vision 2047, Jagannathan said the advanced phase targets a top five global position in shipbuilding while maintaining global leadership in ship recycling. Key initiatives include development of carbon-neutral ports, promotion of green and alternative fuels, green bunkering infrastructure and incentives for low-emission vessels, supported by 300-plus strategic initiatives across 11 key maritime areas and 20–30 per cent financial assistance for green vessels, including retrofitting.

ship recycling

On ship recycling, he said India handles 30–35 per cent of global ship recycling tonnage, meets 20–25 per cent of domestic ferrous scrap demand and hosts 115 Hong Kong Convention-compliant yards at Alang–Sosiya in Gujarat, supporting the green steel ecosystem and large-scale employment.

He also highlighted major policy reforms, including the enactment of five landmark mercantile marine legislations in 2025 — the Bills of Lading Act, Carriage of Goods by Sea Act, Coastal Shipping Act, Merchant Shipping Act and Indian Ports Ac t— aimed at modernising regulation, improving ease of doing business and aligning India’s maritime framework with global standards.

Govt aims to make India 5th largest shipping nation by 2047: Minister Sonowal The Minister was virtually inaugurating the Cochin Marine Seminar (Comarsem 2026)

 

The Centre is working towards making India the fifth-largest shipping nation in terms of shipbuilding and ship ownership by Amrit Kaal 2047, said Sarbananda Sonowal, the Union Minister for Ports, Shipping and Waterways.

Shipbuilding, as a mother industry, has immense potential to generate large-scale employment while strengthening the national economy. At the same time, growth must be sustainable, with protection of the marine environment and safe living conditions for future generations, he said.

The Minister was virtually inaugurating the Cochin Marine Seminar (Comarsem 2026) organised by the Institute of Marine Engineers of India (IMEI) in collaboration with the Directorate General of Shipping.

creating ecosystem

Referring to recent government initiatives, Sonowal said policies such as the Shipbuilding Financial Assistance Policy 2.0, Ship Recycling Credit Policy, Maritime Development Fund, and incentives for brownfield and greenfield expansions are aimed at creating a robust ecosystem for the sector.

Shipping is a strategic sector in today’s highly unpredictable geopolitical environment. While these ambitions present challenges, they also open up significant opportunities for innovation, collaboration, and high-value business solutions. He highlighted the importance of platforms such as Comarsem in bringing together industry, policymakers, and investors to deliberate on critical issues, including the green transition in shipping.

Calling for collective action, the Minister urged stakeholders to work closely with the Government to realise India’s Amrit Kaal vision.

Themed “Maritime India — Innovations and Collaborations,” Comarsem 2026, which began here, brings together policymakers, industry leaders, technologists, academicians, and maritime professionals from India and abroad to deliberate on issues shaping the future of the maritime sector and India’s aspirations to emerge as a global maritime powerhouse.

GAIL, K LINE & J M Baxi collaborate to own equity in shipping firm GAIL has signed a long-term charter with the ship-owning company starting from 2027. The LNG vessel is currently under construction in a Korean Shipyard By BL New Delhi Bureau

 

GAIL (India) said on Wednesday that along with Kawasaki Kisen Kaisha (K LINE) and J M Baxi Marine Services, the state-run firm has signed a term sheet for equity participation in the ship-owning company established in Singapore.

The term sheet was signed in the presence of Oil Minister Hardeep Singh Puri at the India Energy Week in Goa.

GAIL has signed a long-term charter with the ship-owning company starting from 2027. The LNG vessel is currently under construction in a Korean Shipyard.

The gas utility’s investment in the ship-owning company, subject to approval of DIPAM, is planned through its wholly owned subsidiary company—GAIL Global IFSC, which is registered in GIFT City, Gujarat.

Sandeep Kumar Gupta, Chairman & Managing Director of GAIL, said, “Taking equity in a shipping company while also serving as a charterer is a strategic alignment of interests. With this equity investment, GAIL will be having ownership in two LNG ships in partnership with reputed Japanese Companies.”

Increasing ownership of ships by Indian companies is a move towards achieving Prime Minister’s vision of “Aatmanirbhar Bharat” in the shipping sector, he added.

Satoshi Kanamori, Senior Managing Corporate Officer at K LINE, said “This partnership brings together the complementary strengths of three trusted companies to build a resilient and sustainable LNG shipping platform for India. K LINE will continue to contribute our safety culture, technical expertise, and operational excellence to support reliable energy delivery and long‑term value for all stakeholders.”

Dhruv Kotak from the J M Baxi Group, said, “Our entry into clean energy transportation marks a defining step in J M Baxi Group’s long-term vision for the future of Indian maritime and logistics infrastructure. Partnering with GAIL and our long-standing collaborator, K LINE, reinforces our commitment to Aatmanirbhar Bharat.”

On the sidelines of the IEW, GAIL and Mitsui O.S.K. Lines on Tuesday entered into a long-term charter agreement for an LNG carrier, “GAIL BHUWAN”.

GAIL and MOL share a long-standing business partnership, and this collaboration further strengthens cooperation in LNG shipping and energy logistics.

Relying on MOL’s proven track record in providing reliable transportation services—including its high standards of safety and quality—and strong partnership, this contract has been signed between GAIL and LNG Japonica Shipping Corporation, a Joint Venture of GAIL (26 per cent) and MOL (74 per cent).

Both GAIL (India) Limited and MOL have set ambitious net-zero emission targets, and this agreement contributes to the realisation of a low- and decarbonised society.

Liquefied Natural Gas (LNG) shipping is fast becoming a cornerstone of India’s energy and maritime strategy, underpinning national goals for energy security, economic resilience, environmental sustainability, and industrial growth.

As India works to expand the share of natural gas in its energy mix and transition toward cleaner fuels, LNG shipping enables the nation to source reliable energy supplies from global markets and deliver them efficiently to Indian ports and consumers.

With its cleaner-burning profile, LNG supports India’s commitments to reduce carbon emissions and improve air quality while fuelling power generation, industrial processes, city-gas distribution networks, and heavy transport.

As India accelerates its journey toward a cleaner, more secure, and resilient energy future, LNG shipping will remain a cornerstone of national energy strategy.

Published on January 28, 2026

Kochi to host international maritime seminar on Jan 29-30

The event will feature focused panel discussions and technical paper presentations

The Institute of Marine Engineers (India), Cochin branch is organising Comarsem (Cochin Marine Seminar) here on January 29 and 30 in association with the Directorate General of Shipping.

The two-day event will bring together stakeholders from across the global maritime industry, including policymakers, industry leaders, technologists, academicians and maritime professionals creating a high-impact platform for dialogue, collaboration and knowledge exchange.

Themed “Maritime India — Innovations and Collaborations,” the seminar will focus on the transformation of India’s maritime sector and deliberate on strategic pathways to realize the country’s vision of becoming a global maritime superpower.

S.Krishnankutty, Chairman said Comarsem 2026 is envisioned as a global forum that brings together policy, technology and industry to collaboratively chart India’s maritime growth story in line with national and international aspirations.

Highlighting the importance of regulatory and policy alignment, Ajith Sukumaran, Chief Surveyor, Directorate General of Shipping said India’s maritime sector is undergoing a significant transformation driven by policy reforms, sustainability goals and technological advancements. Comarsem 2026 will provide an important platform for meaningful engagement between regulators, industry and global stakeholders to accelerate innovation and collaboration across the maritime ecosystem.”

The event will feature focused panel discussions and technical paper presentations on: policy frameworks and new legislations to accelerate Indian shipping and inland waterways; Infrastructure growth for shipping, shipbuilding and repair and ship recycling; adoption of greener technologies to meet de-carbonization targets; Innovative training methodologies for skills related to alternate fuels, digitalisation, autonomous systems and artificial intelligence; development of maritime clusters to address emerging challenges indigenously; Improvements in logistics and supply chain systems for sustainable growth.

Published on January 27, 2026

 

 

Wednesday, January 21, 2026

Karaikal Port berths MT Grace, Marks First Vessel Under Partnership with Tvarur Oils January 22, 2026 India Shipping News

 

KARAIKAL: Karaikal Port has achieved an important operational milestone with the successful berthing of MT Grace, a 6,000 MT vessel carrying Crude Palm Oil. This marks the first vessel to call at the port under its partnership with Tvarur Oils, underscoring a new chapter of collaboration and growth.

The seamless handling of the vessel highlights Karaikal Port’s strong operational capabilities and readiness to support liquid bulk cargo, particularly edible oil imports that are vital to domestic supply chains. The successful berthing further reinforces the port’s position as a reliable and efficient maritime gateway on India’s eastern coast.

Karaikal Port continues to focus on high standards of operational efficiency, safety, and sustainability while enabling smooth cargo movement for its trade partners. The commencement of operations with Tvarur Oils reflects the port’s commitment to building long-term partnerships and supporting the evolving needs of industry and commerce.

With robust infrastructure and a customer-centric approach, Karaikal Port remains well-positioned to facilitate regional trade growth and contribute meaningfully to India’s maritime and logistics ecosystem.

DP World Survey: Trade Leaders upbeat on 2026 despite Rising Barriers

 

DAVOS: The global trade outlook looks fragile. Business confidence does not. That’s the core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026, showing 94% of respondents expect 2026 trade growth to match or exceed the pace of 2025, despite rising frictions and volatility.

The findings are based on a survey of 3,500 senior supply chain and logistics executives across eight industries and 19 countries, conducted ahead of the World Economic Forum Annual Meeting in Davos.

In total, 54% expect trade growth to be faster than 2025 and 40% expect it to be equal. This is despite 53% anticipating high or very high policy uncertainty, 90% expecting trade barriers to rise or remain unchanged. Only 25% expect a negative impact on their business, with 49% expecting no effect and 26% even seeing a positive impact.

This frontline sentiment contrasts with some macro projections, with the IMF forecasting trade growth (by volume) could slow to 2.3% in 2026, down from an estimated 3.6% in 2025.

Asked where trade growth potential is greatest in 2026, executives most frequently pointed to Europe (22%) and China (17%), followed by Asia Pacific (14%) and North America (13%).

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said: “Global trade is becoming increasingly complex, not less so. Our role is clear: to keep trade moving by understanding where friction exists, anticipating where it may emerge next, and investing in the infrastructure, capabilities and partnerships that help our customers operate more efficiently and reliably.”

The GTO Annual Outlook was developed with Geneva-based insights agency, Horizon Group. Margareta Drzeniek, Managing Partner, Horizon Group, said: “What we’re seeing is confidence with contingency plans. Executives are embedding resilience into strategy by diversifying suppliers, reassessing routes and adding options, because volatility is now the baseline. Those best positioned will be the ones who can turn those resilience plans into measurable performance.”

What companies are doing differently in 2026

The survey indicates companies are responding to volatility by actively redesigning supply chains and trade routes. This includes:

  • Resilience as strategy: Supplier diversification (51%), higher inventories (44%), and friend-shoring (36%) are cited among the most common strategic shifts planned for 2026.
  • Route agility increases: 26% intend to use new routes, while 23% are evaluating them. Decisions are driven by cost savings (38%), improved connectivity/inland infrastructure (36%), and faster customs procedures/clearance times (35%).
  • Border friction remains a choke point: 60% cite customs clearance as a leading cause of delays and disruption. Executives also prioritise investment in warehousing and logistics hubs (39%), road networks (36%), and border/customs processing infrastructure (36%).

The DP World Global Trade Observatory (GTO) is a data- and insights-led platform designed to provide decision-makers with actionable intelligence on the forces reshaping global trade, grounded in research including a proprietary survey of 3,500 supply chain and logistics executives across eight industries and 19 countries. Research was conducted in November 2025 with Geneva-based insights agency