The United States military has said it will begin enforcing a blockade on maritime traffic entering and leaving Iranian ports from Monday, marking a sharp escalation after ceasefire talks with Iran failed to produce an agreement. Officials said the move does not amount to a full closure of the
Mazagon Dock Shipbuilders Limited’s acquisition of a 51% stake in Colombo Dockyard has been reported as a routine overseas expansion by a defence PSU. It is anything but routine. For the first time, India has taken majority control of a maritime industrial asset outside its borders, and it has done so at a location that […]
Iran has warned people to stay away from major port areas in the United Arab Emirates after tensions escalated following a United States strike on Iran’s Kharg Island, a key hub for the country’s oil exports. The warning comes amid rising regional security concerns after a drone interception incident triggered a fire near the UAE […]
Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 21% year-on-year increase in consolidated revenue for the first quarter of fiscal year 2026, reaching ₹9,126 crore. The growth was driven primarily by strong performance in the logistics segment, which doubled in revenue, and marine services, which saw nearly a threefold increase. Profit and EBITDA […]















