maritime shipping

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    Strait of Hormuz Partially Operational Amidst Ceasefire

    Officials across the Gulf say the immediate relief comes from the reduced threat to civilian infrastructure, particularly desalination plants, power grids, and energy facilities in the UAE and Saudi Arabia. However, the reopening of the Strait of Hormuz remains operationally complex despite the...
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    US Secures Strait of Hormuz Reopening Amid Ceasefire

    Washington, April 8 – The Strait of Hormuz is set to reopen to commercial shipping after Iran agreed to allow safe passage under a ceasefire framework reached with the United States, Secretary of War, Pete Hegseth, said on Wednesday.“You saw the initial agreement that we struck, which is Iran...
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    Safe Passage for Indian Vessels Through War-Affected Strait

    New Delhi, March 29 Two more Indian-flagged LPG tankers, carrying approximately a day's supply of the country's cooking gas, have safely navigated through the war-affected Strait of Hormuz and are expected to reach Indian shores in the next couple of days."Two LPG carriers, BW TYR and BW ELM...
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    Sanctions Relief Targets Existing Iranian Oil Supplies

    Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...
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    Antitrust Exemption Examined: Impacts on American Exporters

    Washington, March 17 – U.S. lawmakers on Tuesday warned that increasing concentration and weak oversight in the global maritime shipping industry could drive up costs and disrupt supply chains worldwide, with potential ripple effects for international trade and exporters beyond American shores...
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    India Addresses West Asia Tensions, Focus on Indian Nationals and Economic Stability

    New Delhi, March 9 External Affairs Minister (EAM) S. Jaishankar informed the Rajya Sabha on Monday that Prime Minister Narendra Modi is closely monitoring the evolving situation in West Asia, emphasizing that the conflict is of particular concern to India due to the large number of Indian...
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    India Permits Iranian Ship in Kochi, Driven by Humanitarian Concerns

    New Delhi, March 7 External Affairs Minister S Jaishankar confirmed on Saturday that India had permitted an Iranian ship to dock in Kochi on humanitarian grounds following a request from the Iranian side on February 28, as the vessel was facing some difficulties.Permission was granted for the...
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    US-India Agreement Relieves Oil Market Concerns Amid Conflict

    New York/Washington, March 6 The US said on Friday that it is "allowing our friends in India" to take the Russian oil already on ships around southern Asia, refine it, and move the stocks into the market quickly to ensure a steady supply and ease pressure amid the West Asia conflict.Earlier...
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