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IMO Welcomes Adoption Of UN Convention On The Judicial Sale Of Ships

Landmark signing of Beijing convention on judicial sale of ships boosts global maritime trade – IMO takes center stage

The International Maritime Organization (IMO) has expressed its support and approval for the signing of the UN Convention on the International Effects of Judicial Sales of Ships. This signing ceremony took place in Beijing, China, on September 5th. This convention, now known as the Beijing Convention on the Judicial Sale [...]

Around the shipping world in 1 minute as on 11th September 2023

Around the shipping world in 1 minute as on 11th September 2023

Massive Areca Nut Smuggling Bust Worth Rs 32 Crores at Maharashtra Port In a significant operation against areca nut smuggling, authorities from the Directorate of Revenue Intelligence (DRI) seized about 371 tons of areca nuts at Jawaharlal Nehru Port in Maharashtra’s Raigad district. The confiscated areca nuts, valued at over [...]

Around the world in 1 minute on 7th September 2023

Around the world in 1 minute on 7th September 2023

Assam: Private Firm Takes Over Management of Pandu and Dhubri Ports to Boost Trade In a significant development, a private company, A to Z Exim Private Limited, is stepping in to manage the operations of Pandu and Dhubri ports. This transition comes after formal agreements were signed with the Ministry [...]

India is playing a significant role in shaping the future of maritime history in South Asia

India is playing a significant role in shaping the future of maritime history in South Asia

The Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, mentioned that India is playing a significant role in shaping the future of maritime history in South Asia. He made this statement during the Global Maritime India Summit (GMIS) 2023 roadshow held in Goa, where he spoke through a video [...]

Investment opportunities are there in India's maritime sector : Minister of ports-shipping

Investment opportunities are there in India’s maritime sector : Minister of ports-shipping

Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, revealed that there are investment opportunities worth more than ₹10 trillion in India’s maritime sector. He made this announcement during the curtain raiser event for the Global Maritime India Summit (GIMS) 2023. The primary goal of the GIMS 2023 event [...]