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STRANDED CARGO TRANSPORT
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...- CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...
- Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
- Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
- Government assures 78 days of oil amid MPs' concernsConcerns over fuel, shipping, and fertilizer supplies dominated a Parliamentary panel meeting. Officials assured adequate fuel reserves and...
- Parliamentary panel members grill Oil ministry officials over 'shortage' of petrol, LPGParliamentary panel members questioned Oil Ministry officials about petrol and diesel shortages. Officials confirmed crude oil stocks for 7...
- Measures announced to ease bottlenecks in Gulf bound container movementsThe government is taking steps to clear cargo backlogs at ports. Measures are being implemented to speed up container movement and reduce d...
- India looks to boost LNG tank capacity as Qatar supplies stallIndia imports about half of its natural gas requirement, which is used to generate electricity, make fertiliser, convert into CNG to run au...
- SCI considers starting service to West Asia: OfficialShipping Corporation of India might begin services to West Asia. This move aims to help transport stranded cargo. The decision follows deli...
- Safe, unimpeded maritime passage through Strait of Hormuz should be restored at the earliest: India at UNSCIndia has called for immediate restoration of safe maritime passage through the Strait of Hormuz. The nation expressed deep concern over th...
- Countries backing navigation in Strait of Hormuz sending 'right message': IMO chiefThe head of the International Maritime Organization stated that countries defending freedom of navigation in the Strait of Hormuz are sendi...
- India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefireAn Indian LPG tanker, Jag Vikram, has successfully navigated the Strait of Hormuz, marking a significant development following a US-Iran ce...
- DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
- US-Iran ceasefire set to ease pressure on India's energy suppliesIndia's energy outlook improves as a ceasefire between Iran and the US brings down crude oil prices. The critical Strait of Hormuz is reope...
- Adani Mundra offers 15-day ground rent waiver to stranded gulf-bound containersAdani Mundra Port is offering relief to stranded cargo bound for West Asia. The port is providing 15 days of free storage for export contai...
- Iran–Israel War: India’s busiest port JNPA clears the decks as relief steps cut stranded containersThe number of stranded containers at JNPA has seen a remarkable decline. Authorities are actively collaborating with exporters and shipping...
- Gold stuck in Dubai is being sold at a discount as war widensDubai's gold market is offering significant discounts, as Middle East conflict disrupts flights and shipping. Buyers are hesitant due to hi...
- India may relax cabotage rules amid West Asia shipping crunchIndia might ease cabotage rules for foreign ships carrying domestic cargo. This move is being considered due to a potential shortage of ves...
- Suspension of international flights from the country extended till August 31"The government has decided to extend the suspension on the scheduled international commercial passenger services to/ from India up to 2359...
- Floods hit transport biz in western IndiaFloods in the west and south have severely hit the transportation business, with the Surat-Baroda belt in particular bearing the brunt wher...
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