SEA FOOD
Plumbing the depths to scale the heights
India's Deep Ocean Mission, Samudrayaan, focuses on deep-sea exploration for biodiversity and mineral resources to address climate change. With China also actively exploring the ocean, India has initiated an ₹8,000 cr plan to study the ocean's depths while considering the fragile marine ecosystem and impact on coastal communities.
Vizhinjam: Advantage India as an Adani dream docks at a port of plenty
Adani Group and India make history with the arrival of the San Fernando cargo ship at Kerala's Vizhinjam International Sea Port. The port, a key player in global trade routes, marks India's entry into global transshipment. Adani Ports plans to invest $1.2 billion to boost the port's capacity, positioning it as a world-class transshipment hub.
Ukraine navy chief says Russia is losing Crimean hub in Black Sea
The Ukrainian navy chief reported significant setbacks for the Russian navy's Black Sea Fleet, as combat-ready warships have been relocated from Crimea due to extensive damage inflicted by Ukrainian missile strikes and naval drone attacks. The Sevastopol base, crucial for logistics, repairs, and ammunition storage, has been particularly affected. Despite ongoing military challenges elsewhere, Ukraine has successfully targeted Russian vessels and facilities, including using unmanned boats packed with explosives.
Philippine military chief warns his forces will fight back if assaulted again in disputed sea
Philippine military chief warns of defending against any future assaults from China's coast guard in the South China Sea. Tensions rise after a clash resulted in injuries and boat damage. Demands for damages and the return of seized rifles are made during talks with Chinese officials.
How crews suffer when shipping costs are halved
Stories about ship food tend to focus on the luxuries of cruise liners, which boast of serving whatever diners want, or close.
Philippines rules out invoking defence treaty with US after South China Sea clash with the Dragon
The Philippines announced on Friday that it has no intention of invoking its mutual defense treaty with the United States following a violent confrontation with Chinese coast guard at Second Thomas Shoal in the South China Sea. The incident involved the ramming, boarding, and damage of Philippine navy boats, as well as the seizure of rifles. President Ferdinand Marcos Jr.'s advisers clarified in a news conference that Manila does not consider the incident an armed attack, a prerequisite for invoking the treaty.
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Philippines demands China return rifles and pay for boat damage after hostilities in disputed sea
The Philippine military chief has demanded China return rifles and equipment seized by the Chinese coast guard and pay for damages after an incident in the South China Sea's disputed Second Thomas Shoal. Chinese personnel rammed and boarded Philippine navy boats, seizing supplies and wounding Filipino personnel. Video footage shows the chaotic confrontation. China claims the Philippine personnel "trespassed," while the U.S. reiterated its defense obligations to the Philippines. The incident highlights ongoing tensions in the South China Sea, involving multiple regional claimants and the potential for broader conflict.
Sorn Bangkok
Sorn, a 2-Michelin star restaurant in Bangkok's Khlong Toei district, offers refined Thai cuisine sourced from southern Thailand. Owners Khun Ice and Chef Yod focus on sustainability, using ingredients from their network of farmers and anglers.
Philippines demands China return rifles and pay for boat damage after hostilities in disputed sea
The Philippine military chief demanded that China return rifles and equipment seized by the Chinese coast guard in a disputed shoal in the South China Sea, resembling an act of piracy. Chinese personnel clashed with Filipino navy, seizing boats, damaging equipment, and injuring navy personnel at Second Thomas Shoal, also claimed by Beijing.
With Odisha and Andhra being governed by NDA 3.0, will Aquaculture, a sector dominated by small caps and troubles, see a turnaround?
When looking at any sector, it is good to know the history of that sector, it helps in bringing the context to the possible investing time frame and also the risks which come with that particular investment. Aquaculture as a sector came into limelight in 1992-93. Best of the names of India Inc of that time entered the sector as the Indian economy was opening up and exports were expected to pick up. It was assumed that given the long coastline the production of shrimps would be an easy business to grow. But reality turned out to be very different and the story is full of troubles. There were multiple reasons, right from the nature of business itself and lack of coordinated and sustained support by the government. But now with NDA 3.0 in power in two states which dominated this sector, will there be a more coordinated effort to bring this industry back on track and turnaround is sustained?
US military says destroyed Huthi radars, vessels
The US military destroyed two Huthi uncrewed surface vessels, one drone, and seven radars in the Red Sea. The Huthis, backed by Iran, have launched numerous drone and missile strikes in retaliation od the Israel-Hamas conflict. This has prompted coalition forces' reprisal strikes and the formation of an international coalition to safeguard shipping lanes. The move has caused casualties and humanitarian crises in Yemen.
Piyush Goyal returns as Union minister in new avatar as 1st time Lok Sabha member
Piyush Goyal, 59, who has been a Rajya Sabha member since 2010, eloquently articulated the government's position on different occasions during debates on various issues in the Upper House of Parliament.
Yemen's Houthi rebels detain at least 9 UN staffers and others in sudden crackdown, officials say
The detentions come as the Houthis, who seized Yemen's capital nearly a decade ago and have been fighting a Saudi-led coalition since shortly after, have been targeting shipping throughout the Red Sea corridor over the Israel-Hamas war in the Gaza Strip.
Panama community pushed from Caribbean island by rising sea levels moves into new houses
Indigenous Guna families from Gardi Sugdub were relocated to Isberyala due to rising sea levels. The new community offers cooler temperatures and government-constructed houses. Some families chose to stay on the low-lying island despite climate challenges.
Best salt in India to add natural flavor and make your food delicious
Ditch the dull shaker! India's a goldmine for discovering your perfect best salt. There's the dependable buddy for everyday cooking. Feeling fancy? Channel your inner beach bum with a taste of the sea's finest. Craving some excitement? Explore the world of fun flavored salts for a playful twist. Need a natural kick? Look for the best Himalayan pink salt, brimming with minerals. And for health-conscious cooks, there's a delicious option that lets you indulge without guilt. From everyday meals to gourmet finishing touches, unearth the best salt in this article!
Living on a cruiser cheaper than in London? US couple sell everything to live on cruise ship forever
In a rather surprising incident, a couple who previously lived in the US have now sold everything off and bought tickets to a residential cruise and will bask under the sea sun for the next few years.
Traders are bracing for a record-smashing summer that will shake up commodities
Prices for some of the world’s most vital commodities — natural gas, power and staple crops like wheat and soy — are climbing.
‘We are seeing a global blue revolution in food, transport and energy now — booming coastal real estate is a true paradox of climate change’
Martin Smith, the George M. Woodwell Distinguished Professor of Environmental Economics at Duke University, discusses ocean economics with Srijana Mitra Das.
Rising price of staples fueled India's inflation the most in FY24, says RBI report
The surge in food and beverage prices has emerged as a key factor driving India's inflation in the fiscal year 2024, according to the Reserve Bank of India's (RBI) annual report. The report reveals that the contribution of the food and beverages category to overall inflation increased to 60.3 percent for 2023-24, up from 46 percent the previous year.
Escalating emissions: How Red Sea disruptions are driving up carbon emissions
Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers, and rising freight costs.
More aid getting from US pier to people in Gaza, officials say, after troubled launch
A new U.S. pier project in Gaza is aiding Palestinians, but challenges persist. The pier, intended to bring food and supplies, faced initial turmoil with aid trucks being overrun. After a brief suspension, alternate routes were chosen for safety. While the pier contributed 27 trucks of aid, Gaza needs 600 daily to avert famine. Israeli operations in Rafah hinder aid flow, emphasizing the need for open land crossings alongside the pier's efforts to help 2.3 million Palestinians.
United Nations suspends food distribution in Rafah due to lack of supplies, insecurity
The UN has suspended food distribution in Gaza's Rafah due to shortages, affecting over 1 million people facing high hunger levels. The main aid entry point has been closed since May 6.. Humanitarian operations are on the brink of collapse, with health centers lacking medical supplies. Multiple aid entry points, including a sea corridor, are being utilized to deliver aid to Gaza.
Terrorism started to consume those who long practised it: Jaishankar
In an address at an event hosted by the CII, Jaishankar also talked about the power of currency and how "threat of sanctions" are deployed in the "toolbox" of global diplomacy, in remarks that came days after the US warned of sanctions after India and Iran sealed a deal on the Chabahar port.
Container volume likely to grow 8 pc to 342 million tonnes this fiscal: Report
The slated connection of the dedicated freight corridor to Jawaharlal Nehru Port in FY26, along with capacity additions by ports, is expected to drive growth in container volume over the medium term, it added.
US calls on Iran to halt unprecedented weapons transfers to Yemen's Houthis for attacks on ships
The United States urged Iran to stop sending an "unprecedented" amount of weapons to Yemen's Houthi rebels, enabling them to carry out "reckless attacks" on ships. U.S. deputy ambassador Robert Wood called on the U.N. Security Council to hold Iran accountable for violating sanctions and strengthen enforcement measures. The conflict in Yemen, exacerbated by external actors like Iran, has led to significant civilian casualties and a dire humanitarian situation, with millions displaced and facing food scarcity and disease outbreaks.
Bad weather and war are straining the world’s wheat supply
The wheat futures have rebounded to touch the highest levels since the month of August. Extreme weather is expected to negatively impact the global supply of wheat.
Consumption down, but Vanaspati weightage in WPI still high
The share of vanaspati in the basket of different types of cooking oils consumed by Indians has nearly halved in the past decade to 2.88%. However, it still holds the second-highest weightage of 14.35% in the wholesale price index (WPI) after palm oil, whereas sunflower and soybean oils, which are now consumed more, get a lower weightage in the WPI of 2011-12, an anomaly which may lead to erroneous data about inflation.
Polar bears struggling to adapt to longer ice-free Arctic periods
Polar bears in Canada's Hudson Bay risk starvation as climate change lengthens periods without Arctic Sea ice, despite the creatures' willingness to expand their diets. New research looking at 20 polar bears in Hudson Bay suggests that without sea ice they still try to find food.
Red Sea crisis to impact agri commodities, marine foods companies: Crisil
On the other hand, players operating in sectors like textiles, chemicals and capital goods may not be immediately impacted because of better ability to pass on higher costs, or because of a weaker trade cycle, Crisil said.
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