TagsStrait of Hormuz

Tag: Strait of Hormuz

INTERCARGO urges Vigilance and Reaffirms Priority on Seafarer Safety as Security Risks Escalate in Middle East Gulf and Strait of Hormuz

Dry Bulk Shipping
The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over the rapidly evolving security situation in the Gulf waters and the...

India’s crude supply remains secure, gas companies have procured LNG cargoes from new sources: Senior government official

Fuel
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,...

Allana Group committed to help India export food to West Asia amid uncertainties

Company
MUMBAI: Amid rising geopolitical tensions sparked by the West Asia war and shipping routes facing widespread disruption, India’s top food exporters are emerging as...

Qatari LNG resumption requires strait free of mines

EXPORT
OSLO: The resumption of Qatari LNG exports through the Strait of Hormuz could take “significantly longer than expected” if naval mines are deployed in...

Iran conflict raises new credit risks for emerging markets, including India: Fitch

Business
NEW DELHI: The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies,...

UAE tugboat sinks in Strait of Hormuz; 3 Indonesian crew members missing

Uncategorized
JAKARTA: Jakarta’s foreign ministry on Saturday (Mar 7) said that three Indonesian crew members were missing after a United Arab Emirates-flagged tugboat sank in...

Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs

Association
NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export...

Global trade reroutes to Africa as Hormuz traffic plunges 90%

Export - Import
LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global...

US permits 30-day waiver for India to purchase Russian Oil, as conflict puts stress on Strait of Hormuz supply route

Fuel
WASHINGTON : With the crisis in the Gulf severely hampering shipping routes that pass through the Strait of Hormuz, the United States on Thursday...

Iran to allow Only Chinese Vessels through Strait Of Hormuz: Sources

International Shipping
TEHRAN: Iran has said it will allow only Chinese vessels to pass through the Strait of Hormuz as an expression of gratitude for Beijing's...
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