Customers can discharge at Khorfakkan Port or Fujairah Port
DP World offers alternative land routes to Jebel Ali Port
Energy imports into the country are in full flow from all Non-Hormuz routes: Union Minister Hardeep Puri
1 month ago
India’s energy imports are flowing smoothly from non-Hormuz routes, ensuring citizens’ needs are met amidst global market uncertainty. Qatar has guaranteed LNG supply continuity, and the country holds surplus LNG stock with offers from numerous nations. Cargo movements near the Strait of Hormuz may resume soon following Iran’s pledge.
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Shipping industry seeks security escort for vessels in Strait of Hormuz amid rising tensions
1 month ago
Indian shipping groups and an oil company are urging security escorts for ships in the Strait of Hormuz. They also propose using alternative ports like Yanbu in Saudi Arabia. This aims to keep energy and other goods flowing from West Asia. Companies want ports to waive charges on stuck cargo.
Indian ports are considering waiving or reducing charges for cargo stuck due to the West Asia conflict. This move aims to ease congestion and container shortages. Perishable goods will be prioritized. Discussions are also underway with insurance firms and banks to manage rising premiums and ensure smooth operations for exporters and shipping lines.
India granted permission for an Iranian naval ship to dock at Kochi after it faced technical issues. External Affairs Minister S. Jaishankar stated this was a humanitarian decision. The vessel, IRIS Lavan, had participated in naval exercises before encountering problems. This action highlights India’s role in the Indian Ocean’s evolving security landscape and its commitment […]
Exporters receive significant relief from the government. Authorisations under Advance and Export Promotion Capital Goods schemes are automatically extended. This applies to authorisations expiring between March 1 and May 31, 2026. The extension is granted without any composition fee. This move supports exporters facing international shipping challenges. It ensures India’s export performance remains strong.
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between the two nations. He emphasized that the US economy is the world’s largest and cannot be overlooked. India is actively building a global network of trade partnerships.