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OFFSHORE TUG SUPPLY VESSEL DISTRESS
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...- Kerala's annual trawling ban to begin from Tuesday midnightKerala's annual trawling ban commences Tuesday midnight, extending until July 31. This measure aims to safeguard marine resources during th...
- Adani Ports bags 10-year contract for Argentina’s first LNG export projectAdani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an esti...
- Indian crew evacuated after 10 months stranded off IstanbulFour Indian sailors have been rescued after being stranded for ten months on an abandoned ship. The vessel, AZRA C, was left unmanned off I...
- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
- Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
- Packaging firms remain upbeat on FY27 growth despite raw material volatility amid West Asia crisisDespite these disruptions, companies like EPL Ltd, Uflex, and TCPL Packaging remain optimistic about FY27 growth, driven by strong domestic...
- 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...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- 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...
- ADB, StanChart ink partnership to support Indian firms across supply chainsThe Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-shari...
- Freedom Ship: This mile-long $16 billion floating city will house 80,000 people and even have schools and a 15,000-seat stadiumA proposed $16 billion floating city, the Freedom Ship, aims to house 80,000 people as a permanently mobile community circumnavigating the ...
- Iran war: Hostilities flare again, talks at a stalemateWith the Gulf region witnessing a surge in missile and drone strikes aimed at Kuwait, diplomatic efforts between Iran and the U.S. hit road...
- 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...
- Tension grips Manipur's Konsakhul after villager injured in alleged ambushTension gripped Konsakhul, Manipur, after an alleged ambush by KNF(P) cadres injured one villager and left another missing. The attack foll...
- 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...
- 'Seriously concerned': Quad joint statement flags water cannons, blocked ships in South and East China SeasIndia, US, Japan, and Australia foreign ministers met in New Delhi. They voiced serious concerns over the South China and East China Seas. ...
- 45 warships will be delivered in 3-4 years, approval given for 195 naval vessels: Vice Admiral Sanjay VatsyanThe Indian Navy has said around 45 ships are currently under construction in the country and will be delivered over the next 3–4 years, sig...
- GRSE launches first next-gen offshore patrol vessel for Indian NavyDefence PSU GRSE launched Sanghamitra, the first of four next-generation offshore patrol vessels for the Indian Navy. The vessel is larger ...
- Pakistan aids stranded Indian vessel in Arabian Sea after Mumbai distress callPakistan Navy has provided crucial humanitarian aid to the crew of an Indian offshore tug and supply vessel. The vessel, MV Gautam, was str...
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