maritime transport

Seoul, April 8 – The South Korean government vowed Wednesday to make efforts to help South Korean vessels stranded in the Strait of Hormuz safely navigate the shipping route after the United States and Iran agreed to a two-week ceasefire with the full reopening of the crucial passage for oil...

Washington, April 3 – The United States warned China that actions targeting vessels flagged by Panama threaten a key global trade route and could drive up costs for businesses and consumers.US Secretary of State Marco Rubio said China’s recent actions against Panama-flagged ships raise...

Moscow, March 30 Russia will continue to supply energy resources to Havana, the Kremlin said on Monday, as a Russian tanker carrying the first consignment of 773,000 barrels of oil arrived at a Cuban port."We will continue to work on this. Given the difficult situation the Cubans are now in...

Two more Indian-flagged LPG tankers, carrying 94,000 tonnes of LPG, have crossed the war-affected Strait of Hormuz. The two LPG carriers – BW TYR and BW ELM – are expected to reach Indian shores in the next couple of days. While BW TYR is expected to arrive in Mumbai tomorrow, BW ELM is en route...

Mumbai, January 26 The country's premier container port, Jawaharlal Nehru Port, announced on Thursday that its overall cargo traffic reached a record 100 million metric tons in the current financial year, in addition to container traffic exceeding 8 million TEUs (Twenty-foot Equivalent Units) in...

New Delhi, March 24 – Prime Minister Narendra Modi on Tuesday emphasized the government's plans and measures to protect citizens from global oil price shocks, while highlighting the Centre's efforts to maintain the integrity and functionality of global energy supply routes.He informed the...

March 22, New Delhi: The vessel Aqua Titan, carrying Russian crude oil, has arrived at the Mangaluru Port. Originally destined for China, the tanker is the first of seven shipments of Russian crude to arrive in India.(Caption: Aqua Titan with Russian crude docks at Mangaluru)

Washington, March 19 – The United States is considering a series of emergency energy measures, including releasing more crude oil from its strategic reserves and easing restrictions on Iranian oil, as the White House moves to contain rising prices following fresh disruptions in global supply...

The LPG tanker, Nanda Devi, has successfully arrived at the Vadinar Port in the Devbhoomi Dwarka district of Gujarat. The vessel, which departed from Qatar and sailed through the Strait of Hormuz, is carrying approximately 46,000 metric tons of LPG.The unloading process has begun at the port...

Mundra, March 16 – The liquefied petroleum gas (LPG) carrier 'Shivalik' arrived at the Mundra Port in Gujarat around 5 p.m. on Sunday, carrying approximately 46,000 metric tonnes of LPG, after successfully navigating the Strait of Hormuz amid heightened tensions in West Asia.The vessel, an...

Jammu, March 14 Prime Minister Narendra Modi's global standing has helped India secure its energy supplies amidst the escalating military conflict between Iran and the US, Union Minister Jitendra Singh said on Saturday.He stated that the war situation had led to either a reduction or complete...

New Delhi, March 14 Two vessels registered in India, carrying LPG from Gulf countries, safely crossed the war-affected Strait of Hormuz early on Saturday morning, a senior official from the Shipping Ministry said.The LPG carriers, Shivalik and Nanda Devi, are now heading towards the Mundra and...

New Delhi, March 13 The Ministry of Commerce is working to provide insurance support to exporters to help them cope with the ongoing West Asia crisis, an official said on Friday.An inter-ministerial group is monitoring developments on a daily basis and interacting with exporters."There is...

New Delhi/Tehran, March 12: Iran has allowed Indian-flagged tankers to pass through the Strait of Hormuz following talks between External Affairs Minister (EAM) S. Jaishankar and his Iranian counterpart, Abbas Araghchi, with the aim of keeping the critical sea route open for the transportation...

Mumbai, March 11 The government reviewed measures to strengthen maritime capabilities amid evolving global geopolitical and trade dynamics on Wednesday, and also held a high-level interaction with the National Shipping Board to address emerging challenges in the domestic shipping sector...

United Nations, March 11 The United Nations has warned of significant risks to global trade and development, including higher food prices and the cost of living, if the Strait of Hormuz is closed amid the West Asia conflict.The UN Conference on Trade and Development (UNCTAD) said in a report...

New Delhi, March 10 Commerce and Industry Minister Piyush Goyal said on Tuesday that the government is looking to provide assistance to exporters in the form of insurance to help them cope with the ongoing crisis in West Asia.He said an inter-ministerial group is monitoring the situation on a...

Mumbai, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the conflict in...

Kolkata, March 8 Syama Prasad Mookerjee Port, Kolkata (SMPK), announced on Sunday that East Horizon Pvt Limited will establish a Floating Storage and Regasification Unit (FSRU) at the Haldia Dock Complex.The port and the private firm signed a licensing agreement on Friday for the project...

New Delhi, March 3 As many as 37 Indian-flagged ships with over 1,000 seafarers are stranded in the Persian Gulf, the Gulf of Oman, and the adjoining sea areas due to the closure of the key shipping route through the Strait of Hormuz, caused by the ongoing military actions involving the United...