PORT OF ROTTERDAM
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush Goyal
India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.
Exporters get six more months of risk cover amid West Asia turmoil
The Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facing higher shipping and insurance costs. Eligible exporters can receive 95 percent coverage and protection against rising insurance premiums. Exporters must submit claims through the Export Credit Guarantee Corporation's customer portal to benefit. The extension aims to support trade flows amid ongoing geopolitical tensions in West Asia.
India, Dutch port authorities weigh digital push to boost logistics: Piyush Goyal
Commerce and industry minister Piyush Goyal and Port of Rotterdam CEO Boudewijn Siemons held discussions on advancing port-led growth, logistics efficiency, supply chain connectivity and unlocking new opportunities for trade and investment.
‘Very high’ expectations from India-EU FTA, says Rotterdam port chief
Boudewijn Siemons, CEO of the Port of Rotterdam, expressed high expectations for the India-EU free trade agreement. He highlighted the importance of collaboration between ports and nations to facilitate global trade. Siemons conveyed his optimism about increased business opportunities between Europe and India. Negotiations for the free trade agreement have concluded, with hopes to sign it by year-end. The implementation of the agreement is anticipated for next year.
India aims to quadruple port capacity by 2047, eyes stronger maritime cooperation with Rotterdam: Piyush Goyal
India intends to increase its port capacity significantly by 2047 to support economic growth and trade. Union Minister Piyush Goyal emphasized collaboration opportunities with the Port of Rotterdam for sustainable development. The Sagarmala initiative aims to enhance India's maritime infrastructure and connectivity effectively. A major maritime education institution will be established in Mumbai to train skilled seafarers. These efforts highlight India's commitment to bolstering its position in global maritime trade.
FICCI seeks Dutch investment in mfg, tech; calls for project-level follow-up
FICCI has called for enhanced Dutch investments in India’s manufacturing and technology sectors during Piyush Goyal's visit. The discussions may lead to manufacturing partnerships and technology collaborations which would strengthen bilateral trade. Greater emphasis is placed on supply chain integration to meet Dutch quality and sustainability standards. The upcoming India-EU free trade agreement is expected to facilitate deeper commercial ties.
ETtech Explainer: How a flaw in PHP, the code behind 70% of websites, sent governments offline
Since PHP powers 70% of the world’s websites, the vulnerabilities can allow unauthenticated attackers to execute code on affected servers or read sensitive process memory, which may contain passwords, authentication tokens, API keys and certificates belonging to other requests or the server itself, as per Wiz Research.
PHP vulnerability 2026 CVE-2026-109619 patch: Why are government, school, hospital websites going offline, new PHP updates are live
PHP vulnerability 2026 CVE-2026-109619 patch is available now. US National Security Agency andgovernment websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities.
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crude
In September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent increase from August, highlighting growing trade. Refineries in India, Turkiye, and Brunei facilitated these exports, with India being a leading buyer of Russian fossil fuels. Notably, India's imports of Russian crude fell by 13 percent during the same month.
The US said China was priming a trade superweapon. Then it vanished
LOGINK, originally a project to improve cargo logistics, has seen its international efforts falter significantly. The platform lost key partnerships, withdrew from an international association, and is currently embroiled in legal disputes. Its operations hub in Wenzhou appears abandoned, indicating financial troubles that have emerged in recent years. Additionally, US pressure has contributed to its declining influence in global shipping.
India's first port-based e-Methanol production facility to produce and supply green fuel to ships
A new Rs 2,300 crore e-methanol plant will be established in Kandla to produce green fuel. This plant is a partnership between Deendayal Port Authority and Assam Petro-Chemicals, aimed at enhancing cleaner shipping. The project is expected to create over 3,500 jobs and foster a green energy value chain in the region.
India's first port-based e-methanol production facility to produce and supply green fuel to ships
Phase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, followed by Phase II, which will add a further 100 tonnes per day at an investment of Rs 1,100 crore, targeted for March 2027 — taking the total investment to Rs 2,300 crore.
Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’
Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organisms to global ports. Scientists warn of a potential super-spreader event as shipping resumes. Affected ships could introduce non-native species to new marine ecosystems. Early detection and port preparation are crucial to mitigate this ecological threat.
South Korean container ship sets sail on first commercial Arctic voyage to Europe
A South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern Sea Route for trade. The voyage is expected to take between forty and forty-five days. Officials hope this route will transform Busan into a global maritime hub. This initiative could position the Arctic as a regular trade route by 2030.
Explosion at Dutch port of Rotterdam leaves 1 dead, several injured
A deadly explosion rocked Rotterdam, Europe's largest port, resulting in one fatality and several injuries. The incident took place at the Gunvor Energy refinery and fuel terminal. Investigators promptly established a crime scene to determine the explosion's origin, while emergency services confirmed no links to an ongoing power outage and fire. Operations resumed after power was restored to the industrial area.
Maritime leap: Building ports, building institutions
India has every ingredient needed to become a global maritime leader. The challenge is to build institutions that can think and plan for decades, not just years.
AM Green, Rotterdam Port sign pact for green energy supply chain
AM Green and the Port of Rotterdam Authority have partnered to establish a green energy supply chain between India and Northwestern Europe, focusing on Rotterdam as a key entry point for hydrogen carriers. The collaboration aims to supply bunkering fuels and sustainable aviation fuels (SAFs), while also developing terminal infrastructure.
India’s $1 billion clean fuel gets gateway to Europe as AM Green ties up with Port of Rotterdam
AM Green, backed by Greenko Group's founders, is partnering with the Port of Rotterdam to establish a green fuel corridor between India and Northwestern Europe. This alliance aims to facilitate annual trade of up to 1 million tonnes of green fuels, valued at nearly $1 billion.
India, Rotterdam Port plan green, digital corridor for clean energy exports to Europe
Commerce Secretary Sunil Barthwal visited the Netherlands. The visit aimed to establish a green and digital corridor. This corridor will connect Rotterdam port with Indian ports. The goal is to facilitate green hydrogen export to Europe. Discussions also covered semiconductor cooperation with ASML. Barthwal also visited Croatia to discuss the India-EU free trade agreement.
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