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SHIPPING AND WATERWAYS
Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...09 Jun, 2026, 01.48 AM IST- US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...08 Jun, 2026, 10.50 PM IST
- Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...08 Jun, 2026, 05.45 PM IST
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...08 Jun, 2026, 10.44 AM IST
- West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...08 Jun, 2026, 10.19 AM IST
- US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalationUnited States forces have intercepted and destroyed two Iranian drones. These drones posed a threat to commercial shipping in the Strait of...07 Jun, 2026, 09.36 AM IST
- Kolkata to join water metro network; Bengal eyes separate shipping department: CM Suvendu AdhikariWest Bengal is planning a dedicated shipping wing and exploring minor port development. A deep-sea port project will proceed at Dadanpatrab...04 Jun, 2026, 05.06 PM IST
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...04 Jun, 2026, 11.55 AM IST
- US looks to unblock Hormuz with quiet version of Project FreedomAmerica is now working discreetly to safeguard ships in the Strait of Hormuz. This new approach involves coordinating with shipping compani...03 Jun, 2026, 08.25 AM IST
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...02 Jun, 2026, 12.19 PM IST
- Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.02 Jun, 2026, 10.47 AM IST
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...01 Jun, 2026, 09.52 PM IST
- Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...31 May, 2026, 11.33 PM IST
- 'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...31 May, 2026, 06.14 AM IST
- Strait of Hormuz ship transits are rising thanks to help from USShipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels...30 May, 2026, 07.03 AM IST
- To the Situation Room, now! With new message, Trump stirs Iran cauldron againTrump's comments assume significance as tensions between the US and Iran have remained elevated over Tehran’s nuclear activities, sanctions...29 May, 2026, 10.42 PM IST
- 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...29 May, 2026, 09.28 PM IST
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