US sanctions Maharashtra’s RN Ship Management for alleged Iranian oil shipments

“As of early 2025, India-based RN Ship Management Pvt Ltd, led by Indian nationals Zair Husain Iqbal Husain Sayed and Zulfikar Hussain Rizvi Sayed, served as the operator of multiple vessels used by Sepehr Energy Jahan to ship Iranian oil, including the sanctioned vessel SOBAR,” the US Treasury said.

Global logistics leader DHL Group is investing 1 billion euros in India by 2030. The investment will expand reliable and sustainable logistics solutions. It spans vital sectors like life sciences, healthcare, new energy, e-commerce, and digitalisation.

Adani Ports and Special Economic Zone Limited (APSEZ) has joined the Taskforce on Nature-related Financial Disclosures (TNFD) as an Adopter, committing to nature-related reporting from FY26. This move positions APSEZ as India’s first integrated transport utility to adopt the TNFD framework, aiming to identify and disclose its dependencies on and impacts on nature, thereby managing […]

Cargo at 12 major ports rises 5.75% to 437 mt in H1 FY26; Mormugao, Chennai, New Mangalore outpace big peers in growth.

Odisha Chief Minister Mohan Charan Majhi announced significant development plans. A new port will be established at Bahuda in Ganjam district. A shipbuilding and repair centre is planned near Paradip. A world-class cruise terminal will be built in Puri. These projects represent a substantial investment of over Rs 46,000 crore.

Adani Ports is aggressively expanding its logistics and warehousing services, forecasting a five-fold revenue increase by fiscal year 2029. This diversification aims to mitigate risks from global economic uncertainty and reduce reliance on traditional cargo handling. The company’s logistics segment already shows strong growth, contributing significantly to its overall revenue.

Allcargo Logistics has completed a significant restructuring. Its international supply chain business has been demerged into a new entity, Allcargo Global Limited. Simultaneously, the domestic express distribution and consultative logistics businesses have been merged into the existing Allcargo Logistics Limited. This move aims to enhance synergy and value creation. Shareholders will receive shares in both […]

The growth of India’s maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are in dire need of funding options that span 30 to 50 years to ensure project viability.

Cochin Shipyard Limited and Denmark-based Svitzer have signed a significant agreement. They will build a new generation of electric TRAnsverse tugboats in India. This collaboration brings advanced and environmentally friendly tug designs to the Indian market. The deal was finalized during India Maritime Week in Mumbai.

Neptunus Power Plant Services has partnered with the Indian Register of Shipping to develop indigenous marine engine monitoring technology under ‘Make in India’. This collaboration aims to bring data-driven maintenance to India’s shipping industry, with IRS granting Type Approval to Neptunus’ VIB 360 and Torque Sense SHAPOLI systems.