#shipping
Sumati Morarjee: The woman who sailed against the tide
Sumati Morarjee looked upon shipping as more than just a business activity, seeing in it the potential for cultural exchange and for carrying Indian thought and spirituality to the world.
India-to-US Shippers Scramble for Space Amid Container Capacity Crunch
Ocean carrier network redesigns on the trade lane cut shipping capacity just as Indian exports saw strong summer growth, pushing spot rates to roughly $11,000 per 40-foot container.
Fresh attacks on Strait of Hormuz shipping fuel fears over oil supplies
During its passage through the Strait of Hormuz, a ship was hit by a projectile, raising alarms about the stability of global energy supplies following a prior drone attack. In response, Saudi Arabia has temporarily closed its crucial East-West oil pipeline a…
Iran, Oman agree on details of new entry and exit routes for Strait of Hormuz, says report
Middle East News: Iran and Oman have agreed on details of new entry and exit routes for the Strait of Hormuz and will brief Gulf countries on the outcome of their consu.
Report: International Shipping Firms Deem Iran-Oman Deal for Strait of Hormuz “Unfeasible”
Iran and Oman have agreed on the geographic coordinates for a proposed shipping route through the Strait of Hormuz, according to Iranian Foreign Ministry spokesman Esmaeil Baghaei. Baghaei said the joint statement between the two countries is in the final rev…
No bids made in Indian Oil Corp tender for ships to carry Gulf cargoes
Shipowners stay cautious amid uncertainty over transit through the strategically vital Strait of Hormuz.
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources
Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the regi…
Hormuz reopening spells relief for exporters while shipping risks linger
With traffic resuming through the Strait, exporters expect freight and insurance costs to moderate, shipping schedules to normalise and business confidence to improve
Hormuz Traffic Thins Friday as Shipowners Err on Side of Safety
Traffic through the Strait of Hormuz appeared to thin early on Friday, just a day after a burst of oil flows through the waterway as the US and Iran vowed to lift a dual blockade. No tankers were seen moving …
FSUI demands Rs 10 crore compensation for Vizag Seafarer killed in MT Settebello strike
PetroChina, Indian Oil fail to secure tankers to load Iraqi crude
PetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinochem is searching for a tanker. High shipping rates and transit concerns persist. This follows an interim deal between th…
Thailand revives $30 billion coast-to-coast corridor to rival Malacca Strait
Thailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route, bypassing the busy Strait of Malacca. The government believes it will cut costs and transit times. However, the projec…
Thailand revives $30 billion coast-to-coast corridor to rival Malacca Strait
Thailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route, bypassing the busy Strait of Malacca. The government believes it will cut costs and transit times. However, the projec…
Chennai Port Authority offers wharfage concessions up to 80% for non-containerised cargo
Designed to reward growth and encourage new business, the scheme provides attractive incentives for both existing and new customers routing cargo through Chennai Port
DP World’s Mundra terminal could increase India’s GDP by $9.2 billion by 2035: Oxford Economics study
While the terminal contributed $128.9 million to India’s GDP in 2024, enhanced shipping connectivity is estimated to drive an additional $6.4 billion in exports and $9.2 billion GDP impact by 2035
DP World’s Mundra terminal could increase India’s GDP by $9.2 billion by 2035: Oxford Economics study
While the terminal contributed $128.9 million to India’s GDP in 2024, enhanced shipping connectivity is estimated to drive an additional $6.4 billion in exports and $9.2 billion GDP impact by 2035
Green Ammonia Production Industry Report 2026: Growth Trends, Key Players, Competitive Strategies and Forecasts 2025-2033 Featuring ACME Group, BASF, and Yara International
The green ammonia market is expanding due to the transition to low-carbon production routes for fertilizers, energy storage, and maritime fuels. Key opportunities lie in the high growth of e-fuels, mainly in shipping and energy sectors; and emerging technolog…
India, Cyprus upgrade ties to strategic partnership after Modi-Christodoulides talks
India and Cyprus on Friday elevated their ties to a strategic partnership and set up a joint task force to facilitate deeper cooperation in sectors such as infrastructure and shipping as Prime Minister Narendra Modi hosted Cyprus President Nikos Christodoulid…
India, Cyprus upgrade ties to a strategic partnership
India and Cyprus have elevated their relationship to a strategic partnership. A joint task force will boost cooperation in infrastructure and shipping. Prime Minister Narendra Modi and Cyprus President Nikos Christodoulides discussed global issues including W…
Strait of Hormuz remains effectively blocked as NATO, Iran tangle over shipping security
The Strait of Hormuz remains largely impassable months into the U.S.-Israeli war against Iran, with traffic at a fraction of pre-conflict levels. NATO is considering escorting ships through the strait if it remains closed by early July, though the proposal la…
Iran-linked LPG tanker signals Indian ownership through Hormuz
An LPG carrier, the Tara Gas, previously involved with Iranian cargoes, is transiting the Strait of Hormuz while declaring Indian crew and ownership. The vessel, fully laden, is navigating a Tehran-approved route, highlighting the complex measures ships take …
India plans to add 92 vessels with ₹51,383 crore investment in FY27
India plans to add 92 vessels with ₹51,383 crore investment, aiming to boost shipping capacity and resilience under its Atmanirbhar maritime strategy.
India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda Sonowal
India is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significant investment. A high-level meeting emphasized expanding the fleet, including container vessels, LPG and crude carriers,…
State government administered ports to mirror concessions offered by centre: Shipping Ministry
Indian maritime authorities are urging state-run ports to offer concessions on charges. This follows similar moves by the central government to ease burdens on shipping. The initiative aims to support trade impacted by disruptions in West Asia. A recent incid…