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SHIPPING INDUSTRY INDIA
Indian refiners halt Iraq oil loadings on rising Hormuz riskDue to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...
Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasin...
Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies dur...
Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
NSA Ajit Doval meets Saudi Foreign Minister Prince Faisal bin Farhan; discusses energy security and regional situationNational Security Advisor Ajit Doval visited Saudi Arabia for talks. He met Foreign Minister Prince Faisal bin Farhan to strengthen energy ...
LNG consumption declines 6.5%on costly import, lower outputIndia's natural gas usage saw a notable drop during the April to June quarter, attributed to soaring global LNG prices and a decline in loc...
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
Vizhinjam port to begin full EXIM operations from August 18Vizhinjam International Seaport will begin full export-import (EXIM) operations on August 18, transforming from a transshipment hub into a ...
India is ready to play in Russia's long game on top of the worldIndia and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez ...
Attacks on seafarers hit hiring, raise costs for shipping companiesThe recent spate of attacks on commercial vessels is significantly impacting the recruitment of Indian seafarers and driving up associated ...
Staring down the barrel: India Inc stockpiles ahead of festive seasonTo ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...
India's first UK jewellery export consignment under FTA: $10 million shipped, zero-duty access boosts industryIndia's gems and jewellery sector began its first export to the United Kingdom. This inaugural shipment valued at ten million dollars marks...
In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...