"maritime-trade"

The strategic importance of the Hormuz and Bab el-Mandeb straits has shaped centuries of maritime rivalry. From Zheng He and Portuguese dominance to British and US influence, history shows extra-regional powers can control chokepoints temporarily, while local actors retain significant leverage

Rising geopolitical tensions and disruptions in key maritime chokepoints expose India’s supply chain vulnerabilities

Rising fuel prices and Middle East tensions could boost traffic through the Panama Canal as shipping companies seek shorter, fuel-efficient routes, administrator Ricaurte Vasquez said. Higher energy costs may shift global trade routes and LNG shipments if Gulf disruptions continue

India is enhancing port infrastructure to support larger vessels and boost transshipment capacity. With ports like Vadhavan and Galathea Bay under development, the government aims to reduce dependence on foreign hubs and position India as a major transshipment center

The attacks on merchant ships come as a grim reminder that the impact of the war in West Asia could be felt far and wide

Speaking to reporters here, Sawant thanked Narendra Modi for mentioning Goa as being one of the key areas for development of marine clusters.