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News

Fortune India
fortuneindia.com > economy > strait-of-hormuz-traffic-falls-15-as-ship-operators-turn-more-cautious-amid-rising-gulf-tensions-sp > 147731

Strait of Hormuz traffic falls 15% as ship operators turn more cautious amid rising Gulf tensions: S&P

2+ week, 2+ day ago   (357+ words) Fortune India Global shipping activity through the strategically vital Strait of Hormuz slowed sharply on July 8, with vessel transits declining 15% from the previous day as heightened military tensions and worsening navigation disruptions prompted greater caution among ship operators, according to…...

Fortune India
fortuneindia.com > business-news > govt-launches-15-billion-bharat-maritime-insurance-pool-to-shield-indian-ships-in-war-risk-zones > 137339

Govt launches $1.5-billion Bharat Maritime Insurance Pool to shield Indian ships in war-risk zones

2+ mon, 2+ week ago   (593+ words) The government on Tuesday launched the Bharat Maritime Insurance Pool to provide risk cover to Indian vessels on international sea routes, including war and high-risk zones. The Bharat Maritime Insurance Pool of $1.5 billion, with a sovereign guarantee of $1.4 billion (₹12,980 crore),…...

Fortune India
fortuneindia.com > economy > 51383-crore-maritime-plan-govt-targets-62-vessels-285-million-gt-capacity-in-fy27 > 135245

₹51,383 crore maritime plan: Govt targets 62 vessels, 2.85 million GT capacity in FY27

2+ mon, 3+ week ago   (277+ words) The Centre has drawn up an ambitious ₹51,383 crore plan to expand the country’s shipping capacity, targeting the addition of 62 vessels in FY2026–27 as part of a broader push towards self-reliance in the maritime sector. The move, which is expected to add…...

Fortune India
fortuneindia.com > business-news > explained-why-hormuz-war-risk-premiums-may-stay-high-and-how-indias-bmi-pool-will-help > 133228

Explained: How India’s BMI Pool will help domestic shipping amid soaring Hormuz war-risk premiums

3+ mon, 1+ week ago   (341+ words) War-risk insurance premiums for vessels transiting the Strait of Hormuz are likely to remain elevated in the near term, even if shipping lanes remain open, according to Balasundaram R., Head of Marine Insurance at Policybazaar for Business. “This route is one…...

Fortune India
fortuneindia.com > economy > budget-2026-can-indias-new-container-manufacturing-scheme-challenge-chinas-dominance > 129967

Budget 2026: Can India’s new container manufacturing scheme challenge China’s dominance?

5+ mon, 3+ week ago   (311+ words) Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40 In her 9th consecutive budget, Nirmala Sitharaman announced a Rs 10,000 crore scheme…...

Fortune India
fortuneindia.com > india > mous-worth-lakhs-of-crores-reflect-global-confidence-in-indias-maritime-capabilities-pm-modi-at-maritime-leaders-conclave > 127790

MoUs worth lakhs of crores reflect global confidence in India’s maritime capabilities: PM Modi at Maritime Leaders Conclave

8+ mon, 4+ week ago   (587+ words) India’s signing of memorandums of understanding worth lakhs of crores reflects global confidence in India’s maritime capabilities, Prime Minister Narendra Modi said on Tuesday. The PM, speaking at the......

Fortune India
fortuneindia.com > videos > india-maritime-week-reflects-indias-global-maritime-rise-amit-shah > 127730

India Maritime Week reflects India’s global maritime rise: Amit Shah

8+ mon, 4+ week ago   (138+ words) 🚨 Union Home Minister Amit Shah said that the participation of delegates from over 100 countries at India Maritime Week 2025 showcases India’s rich maritime heritage and its expanding global footprint. He noted that the event has evolved into the premier maritime dialogue…...

Fortune India
fortuneindia.com > business-news > india-asean-to-mark-2026-as-year-of-maritime-cooperation-pm-modi > 127708

India, ASEAN to mark 2026 as Year of Maritime Cooperation: PM Modi

9+ mon, 1+ day ago   (328+ words) Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40 Prime Minister Narendra Modi on Sunday announced that 2026 will be observed…...

Fortune India
fortuneindia.com > business-news > anchoring-indias-maritime-renaissance-through-innovation-and-digital-transformation > 127685

Anchoring India’s maritime renaissance through innovation and digital transformation

9+ mon, 2+ day ago   (758+ words) The central element of innovation in India’s maritime sector lies in digital transformation, which rests on two pillars—information architecture and technological convergence. India’s maritime sector......

Fortune India
fortuneindia.com > long-reads > indias-maritime-sector-sees-the-dawn-of-a-new-era > 127254

India’s Maritime Sector Sees the Dawn of a New Era

9+ mon, 3+ week ago   (293+ words) Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40 PORTS AND SHIPPING, largely overlooked in NDA-I and NDA-II since 2014, have…...