Global order book hits 17-year high amid record crude tanker contracting
LONDON: “By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet,
Why the Iran Crisis Matters Deeply for India—and Why It Chose Not to Mediate
By Mr. Rajesh Menon, Maritime Expert The conflict involving Iran has emerged as a major geopolitical shock to global energy markets and supply chains, exposing how deeply interlinked energy flows and logistics networks have
“Build up some delayed courage”: Trump urges allies to “reclaim” Strait of Hormuz from Iran
WASHINGTON: US President Donald Trump has called on oil-importing nations to “build up some delayed courage” and take responsibility for reclaiming the Strait of Hormuz, asserting that the burden of securing the Iranian-blocked waterway
“Challenging times”, says PM on West Asia crisis during Mann ki Baat
NEW DELHI: Prime Minister Shri Narendra Modi on Sunday (March 29, 2026) noted that the situation in West Asia had created “challenging times” and called for those “politicising” the issue to refrain from doing so. He
KR publishes Guidance to Support Industry ahead of 2028 IGC Code Amendments
BUSAN: Korean Register (KR) has completed an impact assessment of the upcoming amendments to the International Code of the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk (IGC Code) and published technical
Indian vessel ‘Jag Laadki’ carrying over 80,000 metric tonnes of crude oil reaches Gujarat’s Mundra Port
MUNDRA: The Indian-flagged tanker ‘Jag Laadki’, carrying around 80,886 metric tonnes (MT) of crude oil, arrived at Mundra Port in Gujarat on Wednesday (March 18, 2026) amid the West Asia conflict, officials said. A
Indian Navy Warships to keep watch on India-bound vessel in Strait of Hormuz
NEW DELHI: The Indian Navy deployed multiple warships to escort two Indian-flagged LPG tankers through the Strait of Hormuz safely between Friday night and Saturday, according to the sources. This comes as diplomatic efforts
India’s crude supply remains secure, gas companies have procured LNG cargoes from new sources: Senior government official
NEW DELHI: India’s crude supply remains secure through diversified procurement amid the West Asia crisis that has affected global energy routes, Ms. Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said on