shipping

New Delhi, March 23 – Prime Minister Narendra Modi stated on Monday that the government possesses a strategic petroleum reserve and is in the process of building more reserves. He also noted that over the past decade, the sources of energy imports have been hugely diversified."We have a...

New Delhi, March 23 Two more Indian-flagged LPG tankers have started their journey from the Persian Gulf and are expected to cross the war-affected Strait of Hormuz before heading to Indian ports, ship tracking data showed.The LPG tankers, Pine Gas and Jag Vasant, which were sailing close to...

Tehran, March 23 – Iran has begun charging certain vessels a transit fee of $2 million (approximately ₹18.8 crore) to pass through the strategically vital Strait of Hormuz, which officials describe as a new assertion of control amid its ongoing conflict with the United States and Israel...

Tehran, March 23 – Iran's Ministry of Foreign Affairs stated that the Strait of Hormuz is not blocked, and navigation continues in the waterway, with necessary measures being taken due to wartime conditions.In a statement elaborating on Iran's positions amid ongoing US and Israeli attacks, the...

March 22, New Delhi: A large cargo ship, the Pyxis Pioneer, carrying LPG from Texas in the United States, arrived at the Mangaluru Port on Sunday.The vessel, carrying 47,236 tonnes of LPG, is expected to provide relief to commercial and household fuel supplies.In recent days, other LPG...

Mumbai, March 19 Global shipping giant Hapag-Lloyd is in discussions with its partners to cover some of the additional costs, which have increased by USD 40-50 million per week amid the ongoing situation in the Middle East and disruptions in cargo movement, its CEO Rolf Habben Jensen has said...

March 19, New Delhi: Iranian lawmakers have proposed a plan to impose tolls and taxes on ships passing through the strategic Strait of Hormuz, local media reported on Thursday.Tehran lawmaker Somayeh Rafiei told ISNA news agency: "We in parliament are pursuing a plan under which countries will...

Mumbai, March 19 India has taken swift and coordinated measures to safeguard the country's maritime trade in the face of the evolving situation in the Middle East, ensuring smooth cargo movement and minimal disruption to supply chains, Union Minister Sarbananda Sonowal said on Thursday...

Mumbai, March 19 Union Minister Sarbananda Sonowal emphasized on Thursday that cooperation from stakeholders can help ensure minimal disruption in maritime trade amid uncertainties in the wake of the evolving situation in West Asia.Speaking at a ceremony to sign the Letter of Intent (LoI) for...

New Delhi, March 18 India has 1.67 million tonnes of crude oil, 3.2 lakh tonnes of LPG, and approximately 2 lakh tonnes of LNG stranded in the Persian Gulf, waiting to transit through the Strait of Hormuz, Rajesh Kumar Sinha, Special Secretary in the Shipping Ministry, said on Wednesday...

Mumbai, March 18 Logistics firm Delhivery announced on Wednesday the expansion of its economy air parcel service under 'Delhivery International' to the UK, Canada, and Australia.The addition of these regions to the company's network addresses the demand for Indian MSME exports such as apparel...

New Delhi, March 18: Domestic liquefied petroleum gas (LPG) production has increased by 40 per cent, the government said on Wednesday, adding that supply concerns remain due to the closure of the key oil route of the Strait of Hormuz.Joint Secretary, Marketing and Oil Refinery, of the Ministry...

March 18, New Delhi – The Indian-flagged crude oil tanker, Jag Laadki, has arrived at Adani Ports Mundra in Gujarat.The vessel carried approximately 80,886 metric tonnes of crude oil sourced from the UAE. Its arrival highlights the ongoing crude oil imports amidst regional supply concerns...

Ahmedabad, March 18 The Indian-flagged tanker 'Jag Laadki', carrying approximately 80,886 metric tonnes (MT) of crude oil, arrived at the Mundra Port in Gujarat on Wednesday amidst the West Asia conflict, officials said.A day earlier, the LPG carrier 'Nanda Devi' arrived at the Vadinar port in...

New Delhi, March 18 The Indian-flagged oil tanker, Jag Laadki, has reached the Mundra port in Gujarat after safely sailing from Fujairah in the UAE, despite an attack on the terminal, bringing the total number of vessels transiting the conflict-affected zone to four.The tanker, carrying 80,886...

Bhuj, March 18 – The Indian-flagged crude oil tanker, 'Jag Laadki', has safely arrived at Adani Ports’ Mundra terminal in Gujarat, carrying approximately 80,886 metric tonnes of crude oil sourced from the United Arab Emirates.The vessel was loaded at Fujairah Port and berthed here on...

New Delhi, March 17 The Ministry of External Affairs on Tuesday dismissed reports suggesting that Iran is seeking the release of three oil tankers seized by India in return for ensuring safe passage for Indian-flagged vessels through the Strait of Hormuz, saying there has been "no discussion" of...

Karachi, March 17 Iran has allowed a Pakistani commercial oil tanker to pass through its side of the Strait of Hormuz and enter Pakistan's territorial waters in the Arabian Sea, an official said on Tuesday.The ship, 'MT Karachi', carrying around 109,990 tonnes of crude oil, will dock at the...

New Delhi, March 17 A second Indian-flagged LPG tanker arrived in the country early Tuesday after safely navigating from the war-affected Strait of Hormuz, and efforts are underway to ensure the safe passage of the remaining 22 Indian vessels still stranded in the conflict zone.The LPG tanker...

Special Secretary at the Ministry of Ports, Shipping and Waterways, Rajesh Kumar Sinha, stated that all Indian sailors and ships are safe in the Gulf region. Mr. Sinha made this statement while addressing the Inter Ministerial Briefing on Recent Developments in West Asia in New Delhi. He noted...