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News Update

19 May 2026

J.S Bindra appointed as Visakhapatnam Port’s New Chief

Jasmeet Singh Bindra has been appointed Chairperson of Visakhapatnam Port Authority under the Ministry of Ports, Shipping and Waterways for a five-year term at the Joint Secretary level. A 1996-batch Indian Railway Traffic Service officer, Bindra is an engineering and management professional with nearly 30 years of experience in transport administration, logistics, safety, and commercial operations. His extensive career across Indian Railways includes senior leadership roles in multimodal connectivity, operational efficiency, and institutional management, positioning him strongly for the port leadership role.

J.S Bindra appointed as Visakhapatnam Port’s New Chief

23 Apr 2026

US intercepts 3 Iranian tankers near India, Malaysia, Sri Lanka amid Hormuz tensions

The US military has intercepted at least three Iranian-flagged tankers in Asian waters, redirecting them from areas near India, Malaysia, and Sri Lanka amid escalating tensions with Iran. The move follows a US-imposed maritime blockade, while Iran has targeted vessels near the Strait of Hormuz, disrupting global energy flows. The crisis, nearly two months after conflict involving the US and Israel, has hit oil and gas supplies. Tankers including Deep Sea, Sevin, and Dorena were reportedly seized or diverted, intensifying the global energy strain.

US intercepts 3 Iranian tankers near India, Malaysia, Sri Lanka amid Hormuz tensions

23 Apr 2026

Gulf LPG Carriers Idle Post-Unloading as US Imports Favor Foreign Ships

LPG carriers from the Persian Gulf are facing delays of 7–10 days at Indian ports after unloading, struggling to secure return cargoes amid volatile freight markets and disruptions near the Strait of Hormuz. Meanwhile, foreign vessels increasingly transport U.S. LPG to India, benefiting from better economics and long-haul efficiency. Ports like Kandla and Mangaluru report smooth operations, but Gulf fleet utilisation remains under pressure. Rising U.S. production and diversified sourcing have stabilised supplies, highlighting a shift in global LPG trade dynamics.

Gulf LPG Carriers Idle Post-Unloading as US Imports Favor Foreign Ships

23 Apr 2026

4th Hybrid Electric Catamaran Launched to Boost Inland Waterway Transport

The Inland Waterways Authority of India launched its fourth hybrid electric catamaran at Hooghly Cochin Shipyard, advancing sustainable river transport. Built under Indian Register of Shipping standards, the vessel uses lithium-titanate batteries and can operate in zero-emission electric or hybrid modes. Part of a six-vessel series, it aims to boost eco-friendly tourism and inland connectivity. The initiative highlights India’s focus on green maritime solutions, reducing carbon emissions while improving efficiency and passenger experience across waterways.

4th Hybrid Electric Catamaran Launched to Boost Inland Waterway Transport

6 Apr 2026

Major ports cargo crosses 915 MT, records 7.06% growth in FY26

Major ports in India handled 915.17 million tonnes of cargo in FY 2025–26, surpassing the 904 MT target and growing 7.06% y-o-y, reflecting improved efficiency and recovery in the maritime sector. Union Minister Sarbananda Sonowal credited infrastructure focus under Narendra Modi’s vision. Deendayal and Paradip ports led volumes, while Mormugao saw the fastest growth. Expansion, digitalisation, and better connectivity drove gains, with key commodities like coal and crude oil boosting performance and reinforcing India’s global trade ambitions.

Major ports cargo crosses 915 MT, records 7.06% growth in FY26

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