WEST ASIA MARITIME SECURITY
India–South Korea eye $50 billion trade, discuss critical tech, supply chains amid West Asia tensions
India and South Korea are set to significantly expand their trade partnership. The goal is to reach $50 billion in bilateral trade by 2030. This expansion will focus on critical technologies and supply chains. Both nations will upgrade their trade agreement next year. Cooperation will deepen in areas like AI, semiconductors, and IT.
India in touch with Iranian authorities for safe exit of its ships through Strait of Hormuz: MEA
India is actively engaging with Iran to ensure the safety of its ships. Two Indian vessels recently reported a firing incident in the Strait of Hormuz. The government has conveyed its deep concerns to the Iranian ambassador. India prioritizes the security of its seafarers and commercial shipping.
India has to work out interim practical arrangements, without getting in the way of Iran or US
An Indian tanker faced fire in the Strait of Hormuz. The waterway's status is uncertain despite claims of openness. International maritime law principles are challenged by national interests. India faces a complex situation with multiple Iranian entities involved. Navigating this requires bilateral arrangements and practical solutions for safe passage.
US releases footage showing tactical sequence as Marines rappel, board and seize Iranian-flagged vessel Touska in Gulf of Oman
American forces boarded an Iranian ship, the Touska, in the Gulf of Oman. The vessel allegedly ignored warnings and attempted to breach a US naval blockade. Iran confirmed the seizure and vowed retaliation for what it called armed piracy. The incident escalates regional tensions as a ceasefire window nears its end.
India, Korea can give new direction to multilateralism amid mounting challenges: South Korean Prez Lee
South Korean President Lee Jae Myung envisions a strengthened special strategic partnership with India, focusing on trade, technology, critical minerals, defence, and shipbuilding. He highlighted shared values and the need for close cooperation amidst geopolitical uncertainty, aiming to deepen comprehensive ties for mutual growth and innovation.
Iran will 'never' give up Strait of Hormuz control, says MP Ebrahim Azizi
Iran has asserted permanent control over the strategic Strait of Hormuz, citing national sovereignty. A senior lawmaker told Press TV that new legislation will formalise Tehran's authority to regulate maritime traffic. These tensions persist despite a regional ceasefire, following reports of a US military operation against an Iranian vessel.
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Cabinet approves ₹12,980 crore sovereign-backed maritime insurance pool
The Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, India-bound and India-originating vessels. The move aims to strengthen maritime trade resilience, reduce reliance on foreign insurers, and safeguard shipping operations amid rising global uncertainties.
Cabinet meeting key decisions: Maritime insurance pool, DA hike for 1.18 crore government staff, new rail corridor among others
The Union Cabinet has approved significant decisions impacting infrastructure and social security. A new Bharat Maritime Insurance Pool will boost domestic capacity. Central government employees and pensioners will see a Dearness Allowance and Relief hike. The Pradhan Mantri Gram Sadak Yojana-III receives an extension. A new rail corridor in Uttar Pradesh is also cleared, enhancing connectivity.
First cruise ship 'Celestyal Discovery' crosses Strait of Hormuz since war began: MarineTraffic
A cruise ship has successfully navigated the Strait of Hormuz, a critical waterway, for the first time since the West Asia conflict started. The vessel, Celestyal Discovery, sailed through without passengers. Iran has stated that passage through the Strait will be strictly controlled and require Iranian authorization. This development occurs amid heightened regional tensions.
Won't impose 'traditional fees' on passage of ships through Hormuz, says Iran: Reports
Iran is introducing new rules for the Strait of Hormuz. Ships will need security coordination and Iranian approval to pass. Hostile military vessels will be blocked. Iran asserts its guardianship of the vital waterway. This comes amid escalating regional tensions and negotiations with the United States.
US made 7 claims in one hour but 'all false', says Iran; warns access to Hormuz hinges on Tehran’s terms
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval, amid escalating tensions with the United States over regional security and negotiations.
Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burden
Ship safety in the Strait of Hormuz draws attention to vessel flagging. India is boosting its flagged fleet. The Maritime Amrit Kaal Vision 2047 targets a significant increase in the global share of Indian-flagged ships. This initiative aims to enhance the utilization of these vessels by 2047. Indian flagged ships receive advantages in domestic waters.
West Asia crisis: Govt expands export insurance scheme
India's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disruptions from the West Asia crisis. The scheme aims to strengthen export resilience and sustain trade flows. Exporters obtaining new policies after March 16, 2026, are eligible. Reforms also target faster approvals for duty-free imports under the Advance Authorisation Scheme.
Ports listing concessions for stranded containers on website
Indian ports are now displaying stranded cargo eligible for concessions on their websites. This move aims for transparency and ensures exporters receive benefits directly. Jawaharlal Nehru Port alone has provided concessions worth around Rs 22 crore. The government is actively engaging with stakeholders to resolve issues. Shipping lines are cautioned against profiteering from the West Asia crisis.
UAE envoy to India flags 2,890 strikes on civilian infra since Feb 28, says 4 million Indian expats integral to nation
The UAE ambassador has reported 2,890 missile and drone attacks. He called these unprovoked strikes and urged stronger international action. The UAE faced these attacks despite not being a direct party to the conflict. These incidents threatened regional stability. UAE air defence systems intercepted most incoming threats. International bodies have called for accountability and reparations.
India's first maritime-focused lender eyes $1 bln FY27 fundraise
Sagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company will borrow through bonds, term loans, and foreign currency. Sagarmala aims to disburse up to 90 billion rupees in loans by March 2027. It also seeks government equity infusion to support its growth.
Strongly urge early restoration of freedom of navigation through Strait of Hormuz: India
India has called the targeting of commercial shipping in the West Asia conflict “deplorable” and urged the immediate restoration of safe and free navigation through the Strait of Hormuz, citing concerns over energy security and global trade.
Anticipating the inevitable: What India must learn from prepared economies in an age of recurring crisis
Global markets are reacting to the expectation of disruption. Countries that prepare for crises in calm times fare better. China and Russia show how foresight builds resilience. India must embed anticipation into policy. This crisis is a warning for a volatile world. Strategic resilience is cultivated before shocks arrive. The test of statecraft is the discipline to be less surprised.
Around 10.10 lakh passengers travelled to India since February 28 from region amid West Asia tensions, says Govt
India is ensuring smooth functioning across key sectors amidst the West Asia situation. The Petroleum Ministry guarantees uninterrupted fuel and LPG supply. Commercial LPG prioritizes essential services. Refineries operate at high capacity with adequate crude. Indian vessels and seafarers are safe. Flights continue to operate, with many passengers returning. The government is actively monitoring and coordinating efforts.
West Asia War: PM Modi, French President Macron hold telephonic talks; stress urgent need to restore Hormuz safety
Prime Minister Narendra Modi and French President Emmanuel Macron held discussions on the West Asia situation. Both leaders stressed the critical need for maritime security in the Strait of Hormuz. They expressed shared concern over rising regional tensions. The leaders agreed on the importance of ensuring safe and free navigation through this vital shipping route.
Seoul to Delhi, Asia’s new economic axis
South Korean President Lee Jae-myung's visit to India is a crucial moment. The two nations can build a strong strategic economic partnership. They can create a new axis of resilience in Asia. This partnership will focus on manufacturing, technology and defence. It aims to address global insecurity and fractured supply chains.
Global growth needs unconstricted energy markets: Jaishankar on Hormuz disruption
India is pushing for safe passage for ships. Attacks on merchant vessels are unacceptable. Global growth needs open energy markets. India will work with partners to build strong supply chains. Japan launched a new initiative to help Asian countries facing fuel shortages. This plan offers financial aid to secure energy supplies and diversify sources.
Attacks on merchant shipping completely unacceptable, says Jaishankar amid West Asia situation
India's External Affairs Minister S Jaishankar has strongly backed safe and unimpeded maritime shipping. He stated that attacks on merchant vessels are unacceptable. This comes as India engages diplomatically on the West Asia conflict. The minister also highlighted India's commitment to energy market supply chain resilience. India is closely monitoring developments in the region.
'India will work to develop supply chain resilience,' says EAM at AZEC Plus meeting on disruptions in energy markets
Jaishankar said that India stands ready to work with like-minded partners to develop supply chain resilience.
India activates global diplomatic grid to secure 9.5 lakh citizens amid West Asia crisis
India has evacuated nearly 9.5 lakh nationals from West Asia amid escalating conflict, with the Ministry of External Affairs coordinating large-scale air and land operations. External Affairs Minister S. Jaishankar is leading diplomatic outreach, while missions across the region provide 24x7 assistance, special evacuation routes and support for stranded citizens, including students and seafarers.
West Asia crisis, geopolitical upheaval to top agenda at 3-day naval commanders' conference
Indian Navy top brass are convening in New Delhi to address the West Asia crisis and its impact on India's energy security. The three-day conclave will also focus on enhancing operational readiness, capability development, and fostering international cooperation in the Indian Ocean Region and Indo-Pacific.
West Asia War: Iran denies US ship crossed Hormuz, issues attack warning after Trump claims US clearing strait
West Asia War: Iran denies US ships entered the Strait of Hormuz. This follows conflicting reports and US President Donald Trump's statements. Trump claimed Iran's military is weaker. He also stated efforts are underway to secure the strait for global shipping. Oil tankers are reportedly heading to the US for crude. This indicates a shift in global energy flows.
Indian Ocean must prepare for turbulent world, deepen cooperation: EAM outlines 5 priorities at 9th IOC
India's External Affairs Minister S. Jaishankar has presented five key priorities for Indian Ocean nations. He stressed the need for regional cooperation amid rising global uncertainty. The minister highlighted the importance of the ocean as an ecosystem and called for overcoming colonial barriers. He also discussed global trends like increased competition and the emergence of choke points in various domains.
India reiterates support to GCC on supply chain, food security
India has reaffirmed its commitment to assist the Gulf Cooperation Council with food supply chain issues. Commerce Minister Piyush Goyal held virtual discussions with GCC leaders. The focus was on strengthening logistics and exploring alternative trade routes. India also expressed hope for an enduring ceasefire in the region, crucial for its energy security.
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