Search For "shipping"
Thai-flagged cargo ship hit by missiles near Strait of Hormuz; 20 crew res
Updated : 1 week, 4 days ago IST
A Thai-flagged cargo vessel was struck by missiles near the Strait of Hormuz on Wednesday, leaving three crew members unaccounted for, while 20 others were rescued by the Royal Navy of Oman, the Bangkok Post reported, citing the Royal Thai Navy.
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Long-run LNG supplies will not be disrupted, but there will be a lead time
Updated : 1 week, 3 days ago IST
The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.
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Union Minister Sonowal approves Rs 117.54 crore renovation of historic Bas
Updated : 1 week, 4 days ago IST
As per the Ministry of Ports, Shipping and Waterways, the proposal of Syama Prasad Mookerjee Port, Kolkata for renovation of the historic Bascule Bridge at the Kolkata Dock System (KDS) was appraised by the Delegated Investment Board (DIB), chaired by the Secretary, Ministry of Ports, Shi
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Sanjay Singh submits Rule 267 notice in Rajya Sabha; says West Asia confli
Updated : 1 week, 4 days ago IST
The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.
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Trump warns Iran of retaliation "twenty times harder" over potential Strai
Updated : 1 week, 3 days ago IST
US President Donald Trump warned Iran of a response "twenty times harder" if they block the Strait of Hormuz. Claiming the war is "pretty much over," he stated Tehran has no military assets left. However, the IRGC countered that they will "determine the end of the war."
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Ministry of Ports issues standard operating procedure for major ports amid
Updated : 1 week, 4 days ago IST
In view of the geopolitical disturbance in the Middle East, the Ministry of Ports, Shipping and Waterways (MoPSW) has issued a Standard Operating Procedure (SoP) for major ports to address potential disruptions and ensure smooth handling of affected cargo and vessels.
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"Rise of India will be determined by India": EAM Jaishankar asserts nation
Updated : 1 week, 3 days ago IST
EAM S. Jaishankar asserted India's rise is self-determined, citing the "humane" decision to dock the Iranian vessel IRIS Lavan in Kochi despite regional tensions. He emphasised safeguarding Indian merchant mariners and building an Indian Ocean "ecosystem" through practical projects, resou
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India faces economic vulnerability as 95% of its trade relies on foreign s
Updated : 1 week, 4 days ago IST
Sanyal explained that the vast majority of India's goods trade is handled by international shipping lines, leaving the nation's economy exposed to external pressures. He stated, "90 to 95 per cent of all our goods trade is carried by foreign ships. So, if you really want to get India into tr
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MoPSW strengthens monitoring, preparedness amid evolving West Asia Maritim
Updated : 1 week, 4 days ago IST
The Ministry of Ports, Shipping and Waterways (MoPSW) has strengthened monitoring and preparedness measures in view of the evolving maritime situation in the West Asia region, with a focus on safeguarding Indian seafarers, ensuring the safety of Indian vessels and maintaining continuity o
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Inter-Ministerial Group in constant touch with exporters, says Piyush Goya
Updated : 1 week, 4 days ago IST
Commerce Minister Piyush Goyal on Friday said that the recently-created Inter-Ministerial Group has been in regular touch with exporters, amidst tensions in West Asia that invariably disrupted trade and shipping lines.
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"30 days' worth of alms": Pawan Khera slams Centre over US waiver on Russi
Updated : 1 week, 3 days ago IST
Chairman of Congress' Media and Publicity Department, Pawan Khera, on Friday lashed out at the Centre after the United States allowed a 30-day waiver for New Delhi to purchase Russian oil amid shipping routes passing through the Strait of Hormuz being hampered.
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"Desh nahi jhukne doonga was mere slogan for polls": Mallikarjun Kharge sl
Updated : 1 week, 4 days ago IST
Congress President Mallikarjun Kharge on Friday said that India's strategic autonomy and national sovereignty are under "dire threat" as the United States allowed a 30-day waiver for New Delhi to purchase Russian oil amid shipping routes passing through the Strait of Hormuz being hampered
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