TagsStrait of Hormuz

Tag: Strait of Hormuz

First LNG shipment since war began appears to exit Hormuz

Fuel
ABU DHABI : The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed...

Germany readies naval units for possible mission in Strait of Hormuz

Global Trade
HAMBURG : Germany is sending naval units to the Mediterranean in preparation for possible deployment in an international mission in the Strait of Hormuz. “We...

Indian Govt is worried as Indian seafarer among crew of ship captured by Iran

Defence
NEW DELHI : One Indian seafarer was among the crew of a vessel which was detained by Iran amid rising tensions in the Strait...

Strait of Hormuz blockade drives up costs at Panama Canal

Global Trade
PANAMA CITY : The war in the Middle East has boosted demand to move vital cargo through the Panama Canal to such an extent...

Iran claims seizure of two MSC-operated boxships while transiting the Strait of Hormuz

International Shipping
TEHRAN : Iran’s IRGC claimed it seized two containerships, MSC Francesca (red) and Epaminondas (yellow), as the vessels attempted to pass the Strait of...

Less than 10% of India’s exports via Strait of Hormuz may struggle to find new markets

EXPORT
NEW DELHI : Less than a tenth of India’s exports routed to countries linked to the Strait of Hormuz may face difficulty finding alternative...

3 Ships including Iranian vessel attempt to cross Hormuz despite Blockade

Global Trade
TEHRAN : Three vessels - two cargo ships and a fuel tanker - appeared to be attempting to transit the Strait of Hormuz early...

Iran War derails India’s IMEEC & INSTC trade routes: Hormuz closure pauses Delhi’s connectivity ambitions

Global Trade
TEHRAN : If anything, the ongoing conflicts in the Middle East have reaffirmed the intensified weaponization of the trade routes. The Strait of Hormuz...

Gulf Trade Exposure Index: Nations at greatest risk from Hormuz Strait closure

Global Trade
The war with Iran has laid bare one of the global economy's most exposed fault lines. For nearly two months, traffic through the Strait...

Good news for shipping sector: Cabinet clears Rs 12,980 crore maritime insurance pool amid Hormuz tensions

Business
NEW DELHI : Union Cabinet has approved a Rs 12,980 crore Bharat Maritime Insurance Pool to ensure uninterrupted insurance cover for Indian shipping amid...
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