The FY2027 request covers 34 naval ships, from Virginia- and Columbia-class submarines to a new FF(X) frigate, medium landing ships and fleet oilers.

The Chowgule-built H-561, first of six air cushion vehicles under a Rs 387.4 crore deal, is based at Haldia on the Bay of Bengal coast.

The global orderbook has grown 3.5 times since 2020 while yard capacity rose just 30%; top yards are booked at 164% of capacity for 2028, Danish Ship Finance says.

Gulf Coast-to-Asia crude freight has jumped to $30–35 a barrel from about $5 a year ago, and US refining margins more than doubled in the third quarter as cheap heavy crude and costly shipping favour US refiners.

Kolkata’s GRSE has handed over INS Amini, the fifth of eight anti-submarine warfare shallow water craft it is building for the Indian Navy, with more than 80% indigenous content.

Meeting in London on 2–6 November, the IMO Council called for shipping lanes to stay open and seafarers to be protected; 25 seafarer casualties have been confirmed and at least 130 attacks on ships verified in the Middle East conflict.

The Baltic dry bulk index rose 65 points to 2,805, its highest since 12 October, as Capesize earnings climbed to $35,892 a day and Panamax to $18,030; Supramax slipped.

Fruit export earnings fell to $7.38 million in July–September from $30.86 million a year earlier, as Hormuz-linked shipping disruption more than tripled freight costs and cold-chain gaps persisted.