Search
+
    SEARCHED FOR:

    PORTS SHIPPING AND WATERWAYS MINISTER

    Iran says it is checking if Indian vessels were targeted in Strait of Hormuz firing incident

    Reports have emerged suggesting that Iranian forces may have opened fire on Indian ships passing through the vital Strait of Hormuz. This unsettling occurrence coincided with increased activity among commercial fleets in the area. Furthermore, Iran is pointing fingers at the United States, alleging that Washington's maneuvers are not only obstructing diplomatic channels but also exacerbating conflict.

    Oil claws back losses as Strait of Hormuz is closed again

    Brent crude futures jumped $6.11, or 6.76%, to $96.49 ⁠a barrel ⁠by 2327 GMT and U.S. West Texas Intermediate was at $90.38 a barrel, up $6.53, or 7.79%.

    Iran not planning to attend talks with US in Pakistan

    Iran is not currently planning to attend talks with the United States, state media said, after President Donald Trump ordered US negotiators to travel to Pakistan on Monday, just days before a ceasefire in the Middle East expires. Iran and the United States, along with Israel, are just three days away from the end of the two-week ceasefire that halted the Middle East war, ignited by surprise US-Israeli strikes on Iran on February 28.

    LNG tankers make U-turns from Hormuz as Iran keeps strait shut

    Tankers carrying liquefied natural gas are now rerouting away from the Strait of Hormuz following Iran's warning that the key passage is effectively closed. This critical situation has led to a suspension of LNG shipments accounting for 20% of global supply, resulting in escalating prices and emerging shortages across Asian markets.

    Iran to prioritise Strait of Hormuz passage for vessels that pay fees

    Iran will now prioritize ships that pay fees for passage through the Strait of Hormuz. This comes after Tehran reimposed strict military control over the vital shipping lane. Iran cited repeated breaches of trust by the United States regarding a ceasefire agreement. Vessels not paying the new fees will face postponed passage.

    14 India-bound ships trying to cross Strait of Hormuz stopped by Iran; 1 hit by bullets, 1 crosses

    A convoy of 14 India-bound ships carrying crude oil, gas and fertilisers was intercepted in the Strait of Hormuz after the Iranian Revolutionary Guard Corps reportedly fired at two vessels, forcing most to turn back. While 13 ships were stopped or stranded, one Indian-flagged vessel carrying crude oil continued towards India amid rising tensions in the region.

    • West Asia War: Some tankers cross Strait of Hormuz before shots fired, ship-tracking data shows

      West Asia War: The Strait of Hormuz reopened briefly after a 50-day blockade. Several tankers passed through before Iran reimposed restrictions. Iranian gunboats fired on some ships. Hundreds of vessels remain stranded. Oil and gas supplies are disrupted. This situation impacts global energy markets significantly.

      Indian ships reverse course in Hormuz strait, vessel tracker says

      In a tense standoff, two Indian vessels opted to reverse course in the Strait of Hormuz following gunfire allegedly from Iran's Revolutionary Guard. Among them was an Indian-flagged super tanker, transporting Iraqi oil. Iran has reiterated the implementation of restrictions in the strait, but fortunately, both the tanker and its crew are reportedly unharmed.

      IRGC imposes strict navigation rules in Strait of Hormuz amid US blockade on Iranian ports

      Iran's IRGC Navy has imposed new restrictions on maritime traffic through the Strait of Hormuz, permitting only civilian vessels on designated Iranian routes. Military ships are explicitly barred from transiting the vital waterway. These directives follow Iran's announcement of opening the strait and come amid US President Trump's insistence on maintaining a naval blockade until a full agreement is reached.

      Iran signals Strait of Hormuz may close again as US maintains naval blockade despite ‘full passage’ claims

      Tensions rise over the Strait of Hormuz. Iran's top negotiator warns the vital oil route may close again if a US naval blockade continues. This follows conflicting statements about its status. Earlier, Iran declared the strait open for commercial shipping. The US maintains its blockade remains in full force until a transaction with Iran is complete.

      Britain commits wide-ranging military support to Hormuz mission, says envoy

      Britain will contribute militarily to a mission safeguarding the Strait of Hormuz. This initiative aims to ensure safe passage for vessels. Meanwhile, US President Donald Trump has criticized NATO allies. He stated they were ineffective during earlier tensions. Trump suggested they needed American help instead. Iran has announced commercial shipping through the Strait will remain open.

      21 ships turned back to Iran since US blockade began, says CENTCOM

      The United States Central Command (CENTCOM) on Saturday said that 21 vessels have been compelled to turn back toward Iran since the United States initiated a naval blockade targeting access to Iranian ports amid diplomatic engagements in order to achieve a complete solution to the hostilities in the region.

      'We never needed them. They needed us:' Trump criticises NATO over Strait of Hormuz

      US President Donald Trump criticized NATO allies for their lack of support during Strait of Hormuz tensions. He stated they were useless when needed and that they required American assistance. Trump praised Saudi Arabia, UAE, and Qatar for their help.

      Iran reopens Strait of Hormuz, but with strings attached

      The Strait of Hormuz has reopened for commercial ships following a ceasefire between Israel and Lebanon. This move initially boosted oil markets. However, Iran has cautioned that the waterway could be shut again if the United States continues its naval blockade of Iranian ports. Meanwhile, US President Donald Trump stated a deal with Iran is nearing completion.

      LNG ships move toward Hormuz after Iran says Strait is open

      Liquefied natural gas tankers are approaching the Strait of Hormuz, potentially resuming vital fuel flows after Iran declared the strait open. This follows a period of effective closure that impacted global LNG supplies and prices. The situation remains uncertain as conflicting statements from Iran and the US persist, with insurance responses also a key factor.

      Ports listing concessions for stranded containers on website

      Indian ports are now displaying stranded cargo eligible for concessions on their websites. This move aims for transparency and ensures exporters receive benefits directly. Jawaharlal Nehru Port alone has provided concessions worth around Rs 22 crore. The government is actively engaging with stakeholders to resolve issues. Shipping lines are cautioned against profiteering from the West Asia crisis.

      India's first maritime-focused lender eyes $1 bln FY27 fundraise

      Sagarmala Finance Corp. will raise 100 billion rupees in FY27. This funding will support ports, shipbuilding, and waterways. The company will borrow through bonds, term loans, and foreign currency. Sagarmala aims to disburse up to 90 billion rupees in loans by March 2027. It also seeks government equity infusion to support its growth.

      West Asia War: Over 10,000 US troops are enforcing the Iran blockade, but no ships boarded so far, military says

      American troops are enforcing a blockade on Iranian ports. No ships have been boarded yet. The US military is warning Iran-linked vessels. They could use force if ships try to evade the Navy. Fourteen ships have turned back. This action restricts Iran's sea access globally. US naval power is being used to compel compliance.

      Hormuz shipping muted as US blockade takes hold: Tracking data

      A trickle of ships crossed the Strait of Hormuz Tuesday and Wednesday as a US blockade appeared to further curb traffic in the trade route already paralysed by Iranian forces, marine tracking data showed. Here are the latest developments in the strait, - US blockade enforced - The US military said the blockade of vessels either departing or destined for Iranian ports had been fully implemented during the first 48 hours.

      US-sanctioned Chinese tanker turns back to Strait of Hormuz, day after Gulf exit

      The sanctioned tanker Rich Starry returned to the Strait of Hormuz after failing to breach a U.S. blockade on Iranian-linked vessels. U.S. forces say no ships passed in the first 24 hours, with several turning back, as disruptions deepen uncertainty for global shipping, oil markets, and insurers.

      Indian LPG vessel Jag Vikram docks at Kandla after Strait of Hormuz transit, first Indian ship through since US-Iran ceasefire

      The Indian LPG tanker Jag Vikram became the first Indian vessel to cross the Strait of Hormuz since the US-Iran ceasefire, highlighting cautious resumption of maritime movement amid ongoing tensions. The government is meanwhile working to bring back other stranded Indian ships as disruptions continue in the region.

      Iran war: Strait of Hormuz traffic barely affected on first day of US blockade, data shows

      US-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite some vessels transiting. Announced by Donald Trump, the move has heightened uncertainty for global shipping, oil flows and insurers.

      Iran war: Six ships turned around as part of Strait of Hormuz blockade, US military says

      US-Iran war news: A U.S. naval blockade is in effect around Iran's ports and coastal areas. No ships have successfully passed the blockade. Six merchant vessels have turned back following U.S. military orders. This action follows the breakdown of peace talks between the U.S. and Iran. The blockade impacts vessels going to or from Iran.

      Tankers pass Strait of Hormuz on first day of US blockade, data shows

      A third Iran-linked tanker entered the Gulf today. This occurs on the first full day of a US blockade on ships going to Iranian ports. The vessels are not heading to Iran, so they are not affected. Two other sanctioned tankers have already passed through the strait.

      Trump warns of elimination if Iranian Navy ships hinder Hormuz 'blockade'

      Iran news: America has begun blocking ships in the Strait of Hormuz. President Donald Trump warned Iran's Navy ships of immediate elimination if they approach the blockade. He stated that 158 Iranian ships have already been destroyed. This action aims to force Iran to agree to open the waterway and accept a peace deal.

      NATO allies refuse to join Trump's Strait of Hormuz blockade

      America's NATO allies will not join President Trump's plan to blockade the Strait of Hormuz. Britain and France stated they will not participate in the blockade. They emphasized the need to keep the vital waterway open. France will organize a conference to restore navigation. Turkey called for diplomacy to reopen the strait.

      West Asia crisis is not a profiteering opportunity: Shipping Minister Sarbananda Sonowal

      Minister Sarbananda Sonowal stated the West Asia crisis must not be exploited for profit. He directed transparency in shipping charges and swift passage of financial relief to stakeholders. Nearly 90% of backlog cargo is cleared. DG Shipping also mandated immediate concessions for exporters with Gulf-bound stranded cargo. Higher war-risk insurance premiums were flagged for proportionate freight charge revisions.

      My way or no waterway: Traffic remains blocked at Hormuz; Iran opens 2 routes

      Ship traffic through the Strait of Hormuz is still blocked. Only a few Iran-linked ships have departed. Chinese oil tankers are waiting to enter. Iran is formalizing control and requires permission for passage. The waterway remains effectively shut, impacting global oil supply. A two-week ceasefire offers little immediate relief for shipping.

      DG Shipping orders ports to pass export concessions upfront, flags war-risk charges

      India's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass on waivers directly, not through reimbursements. Shipping lines must also transparently reflect war-risk insurance premium revisions in freight charges. This move aims to protect exporter interests and maintain operational continuity during the ongoing crisis.

      Load More
    The Economic Times
    BACK TO TOP