Nigeria and India on Sunday agreed to deepen collaboration in maritime security, intelligence and counter-terrorism during a state visit to the West African country by Indian Prime Minister Narendra Modi.Modi is the first Indian premier to visit Nigeria in 17 years after an invitation by President Bola Tinubu, who is seeking investments from some of the world's biggest economies.
The Indian government will offload a stake of about 5% in shipbuilder Cochin Shipyard COCH.NS, an exchange filing showed on Tuesday.The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at 20.26 billion rupees ($241.2 million).The base size of the offer will be 2.5%, amounting to about 6.
Maersk on Friday said there was a fire incident on one of its chartered vessels sailing from Mundra, off the western coast of India to Colombo, Sri Lanka.The fire started due to a short circuit resulting in explosions and the death of a seaman from Philippines, local media said, adding that there were 21 crew members on board.
At least nine of the 16-member crew of a Comoros-flagged oil tanker that capsized off Oman on Monday have been rescued while one was found dead, officials said on Wednesday, two days after the incident was first reported.The Prestige Falcon, a 117-meter oil product tanker, was heading to the Yemeni port of Aden with a crew of 13 Indians and three Sri Lankans when it capsized off Oman's major
Yemen's Houthis said on Monday that they conducted four military operations targeting four ships in the Red, Arabian and Mediterranean Seas as well as the Indian Ocean "linked to the United States, the United Kingdom and Israel."In the first operation, "Israeli ship MSC Unific was targeted in the Arabian Sea," Yahya Sarea, the Yemeni group's spokesperson said."A U.S.
India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.The Vadhavan port will be built on India's western coast, about 150 km (93 miles) from financial capital Mumbai, for 762 billion Indian rupees ($9.
Yemen's Iran-backed Houthis said on Monday they launched attacks on three ships in the Indian Ocean and the Red Sea, and two U.S. destroyers in the Red Sea.The group, which describes its attacks as acts of solidarity with Palestinians in Israel's war in Gaza, said the ships were the Larego Desert and the MSC Mechela in the Indian Ocean, and the Minerva Lisa in the Red Sea.
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had carried out "operations" in the Indian Ocean and towards southern Israel.Abdul Malik al-Houthi's comments made clear that the Houthis have acted on earlier threats to expand operations to the Indian Ocean region and attacks towards southern Israel.
The Indian navy handed over 35 Somali pirates to the police in Mumbai on Saturday, after 100 days of anti-piracy operations east of the Red Sea, where piracy has resurfaced for the first time in nearly a decade.India, the largest national force in the Gulf of Aden and northern Arabian Sea region, captured the pirates from the cargo ship Ruen last week
Indian naval forces including special commandos seized a cargo vessel that had been hijacked by Somali pirates, rescuing 17 crew members, a spokesperson for the navy said on Saturday.The navy said in a post on social media platform X that all 35 pirates aboard the ship, the Maltese-flagged bulk cargo vessel Ruen, had surrendered, and the ship had been checked for the presence of illegal arms
India has deployed at least a dozen warships east of the Red Sea to provide security against pirates and has investigated more than 250 vessels as Western powers focus on attacks by Yemen's Iran-backed Houthis, Indian officials said.India has not joined the U.S.-led task force for the Red Sea and does not have any warships there.
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen's Houthi group a day earlier.The U.S. military said a U.S. Navy ship and other vessels provided assistance after the Marlin Luanda was hit by a Houthi anti-ship missile.