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,
NEW DELHI : India is finalising an agreement for the supply of oil and gas to Mauritius to strengthen its energy security amid the crisis due to the West Asia conflict, External Affairs Minister
NEW DELHI : With a view to speeding delivery of energy supplies from the Gulf, India recently granted waivers to allow two Iranian cargoes aboard an older tanker and another under international sanctions to
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
DAHEJ : Petronet LNG has commissioned the expansion of its Dahej liquefied natural gas terminal, increasing capacity from 17.5 million metric tonnes per annum (MMTPA) to 22.5 MMTPA. The commissioning was completed at 23:30
NEW DELHI : The Ministry of Ports, Shipping and Waterways (MoPSW) has confirmed that all Indian seafarers operating in the Western Persian Gulf region are safe, with no incidents involving Indian-flag vessels reported in
SINGAPORE : Iran’s Revolutionary Guards halted two Qatar liquefied natural gas tankers that had been heading towards the Strait of Hormuz on Monday morning and instructed them to hold position without explanation, a source
AHMEDABAD : Billionaire Gautam Adani on Friday said his conglomerate’s port arm is targeting cargo volumes of 1 billion tonnes by 2030, after the company surpassed 500 million tonnes milestone, underscoring the rapid scale-up
NEW DELHI : Indian Railways shipped a record 1,670 million tonnes (MT) of freight in the financial year 2025-26 (FY26), registering a growth of 3.25% over the previous year’s freight transportation of 1,617 MT.
NEW DELHI : Amid the oil shock and supply chain disruptions triggered by the U.S.-Israel war on Iran, Russia has assured that its energy companies have the capacity to “steadily increase” the supply of