Tag : maritime trade

Business

India unveils sovereign-backed maritime insurance pool

omandailynews.com
India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion, or 12,980 crore rupees, as the government moved to secure maritime cover amid current Middle...
Business

Shenzhen Port tops 8.52 million TEUs in first quarter

omandailynews.com
SHENZHEN: Shenzhen Port handled 8.5227 million foreign-trade containers measured in TEUs in the first quarter of 2026, official customs data showed, as one of China’s biggest maritime gateways posted steady year-on-year growth at the start of the year. The quarter’s throughput was...