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Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metroUnion Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Te...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
Taiwan ship operator says vessel hit in Hormuz 'unharmed'A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait ...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...
At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
Adani Group keen on Hooghly river tunnel, power, infra projects in Bengal: OfficialThe Adani Group is keen to invest in West Bengal's infrastructure. They are interested in projects like a tunnel under the Hooghly river to...
Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
Nomura raises Adani Ports share price target by 12%. Here are 3 major reasons whyNomura has raised its target price on Adani Ports and Special Economic Zone to Rs 2,080 from Rs 1,850, while retaining its Buy rating. The ...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Antwerp-Bruges port eyes bigger India share as cargo volumes dip, bets on green hydrogenEurope's second-largest port, Antwerp-Bruges, is actively pursuing increased Indian exports. The port aims to become a future gateway for g...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, ChinaIran war news: An LNG tanker, Fuwairit, is exiting the Strait of Hormuz for Pakistan. A supertanker, Eagle Verona, carrying Iraqi crude for...