Trump says Iran pledges 'no tolls, no charges' on Hormuz transitUS President Trump stated Iran has assured the US it won't impose tolls on ships in the Strait of Hormuz, countering media claims. He also ...
24 Jun, 2026, 05.26 PM IST
India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
24 Jun, 2026, 12.29 PM IST
UN starts evacuation of 11,000 seafarers stranded in Strait of Hormuz after ceasefireA major evacuation plan is now underway for over 11,000 seafarers aboard hundreds of ships stranded in the Gulf. Following a ceasefire deal...
24 Jun, 2026, 06.42 AM IST
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
23 Jun, 2026, 08.34 PM IST
Government looks to start work on Great Nicobar Project from 2028, says SonowalThe government plans to commence the ambitious Great Nicobar Project by 2028, aiming to establish a strategic maritime and economic hub. Un...
23 Jun, 2026, 05.56 PM IST
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 ...
23 Jun, 2026, 11.25 AM IST
Nearly 12 ships carrying fertiliser cross Strait of HormuzAt the onset of the Iran war, eight urea, four diammonium phosphate (DAP), one ammonia and three sulphur vessels bound for India were stran...
22 Jun, 2026, 12.04 AM IST
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
21 Jun, 2026, 06.12 PM IST
India aims to be defence manufacturer, not just buyer: PM ModiPrime Minister Narendra Modi highlighted India's growing defense manufacturing prowess, now at Rs 40,000 crore, emphasizing self-reliance o...
21 Jun, 2026, 12.04 PM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
3 Indian-flagged oil tankers transit through Strait of HormuzThree Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route ...
20 Jun, 2026, 08.50 PM IST
Iran floats ‘Insurance Fees’ and asserts control over HormuzThis development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges coul...
20 Jun, 2026, 11.12 AM IST
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 ...
19 Jun, 2026, 12.20 PM IST
A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...
18 Jun, 2026, 11.09 PM IST
Maritime data company says stranded ships have begun transiting Strait of HormuzA new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...
18 Jun, 2026, 09.30 PM IST
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
17 Jun, 2026, 10.29 AM IST
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
15 Jun, 2026, 10.52 PM IST