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TIME CHARTER VESSELS
On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...- 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...
- Today in History: On This Day, June 20, Queen Victoria ascends, Morse patents telegraph, Jaws premieres and shipwreck revealedOn This Day in History, June 20 saw Queen Victoria ascend the British throne, Samuel Morse receive a telegraph patent, Jaws redefine Hollyw...
- Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- 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...
- Israel deports all foreign activists from Gaza flotillaIsrael has deported all foreign activists seized from a Gaza-bound flotilla. The move follows global condemnation of their treatment. Over ...
- Adani Group is jumping into Europe's deep waters. What can happenAdani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Th...
- BJP Spokesperson Jaiveer Shergill requests MEA intervention to help stranded Sikh couples in TehranBJP Spokesperson Jaiveer Shergill said on Thursday, requested the Ministry of External Affairs to assist several elderly Iranian Sikh coupl...
- India steps up outreach as it tracks safety of nationals in Gulf and West AsiaThe Ministry of External Affairs (MEA) has intensified its monitoring of the evolving situation across the Gulf and West Asia, prioritizing...
- Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
- Oil producers, shipowners in standoff over who takes Hormuz riskThis standoff highlights the extreme dangers of this vital energy route, with owners demanding unrealistic guarantees and charterers unwill...
- New bill proposes allowing foreigners to own upto 49% stake in vessels flagged in IndiaThe ports, shipping and waterways ministry has issued the draft Merchant Shipping Bill, 2020, making way for these changes.
- Offshore companies against ONGC policy on chartered vesselsOffshore firms allege that ONGC often select scrap-worthy and age-old vessels after tenders are called, as they offer low charter rates at ...
- Shipping Cos expect 20% rise in operational costsShipping companies face the prospect of a 20% increase in cost of operations as the price of bunker oil touched a record high of $650 per b...
- New ship acquisitions unlikely to pad up national fleet sizeMost of the new additions are seen as part of reshuffling exercise by shipping companies to make their fleet younger.
- WAM in $110 mn charter deal with MitsubishiChennai-based West Asia Maritime (WAM), one of the top five shipping companies in the country, has signed a 12 year 6 months bareboat chart...
- Mercator Lines in charter deal with PRC ShippingMercator Lines has entered into a firm negotiation with Refined Success, a subsidiary of PRC Shipping Conglomerate COSCO Shipping Co, for t...
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