Shipping lines demanding high surcharges; exporters raise concern with government

Indian exporters are navigating treacherous waters as shipping companies slap exorbitant surcharges on perishable goods. Even shipments that arrived at ports prior to the recent upheaval are not spared from these added costs. Furthermore, shipping lines have halted operations for consignments bound for West Asia, intensifying the crisis.

India has launched a pioneering initiative by laying foundation stones for four river lighthouses along the Brahmaputra River. This marks the first time such infrastructure will be built on an inland waterway. The project aims to boost safe 24×7 navigation and support growing cargo and passenger traffic.

India is in discussions with the United States. The talks focus on a proposed insurance plan for oil tankers. This plan aims to secure passage through the Strait of Hormuz. The US is offering this cover to ensure trade flow in the Gulf. India’s crude oil imports are significantly impacted by disruptions in this vital […]

Exxon Mobil is sending at least 300,000 barrels of gasoline from the U.S. Gulf Coast to Australia. This is the first such shipment by the oil major. The move comes as shipping in the Strait of Hormuz is severely disrupted. Asian refiners face crude supply shortages. This unprecedented route highlights global trade impacts.

Iran war: The Middle East is facing military turmoil where the US and Israeli forces are at war against Iran, which has closed the Strait of Hormuz – a major passage for vessels.

India is actively monitoring the maritime security situation in West Asia. The government has enhanced measures to protect Indian vessels and seafarers. This comes as tensions remain high in the Persian Gulf region. Over 23,000 Indian seafarers are currently in the Gulf. Thirty-seven Indian-flagged vessels are also in the area.

India is bolstering maritime security for its vessels and seafarers in West Asia amidst escalating tensions. The Union Minister chaired a review meeting to assess the situation, with enhanced monitoring and reporting protocols activated for Indian-flagged ships. Approximately 23,000 Indian seafarers are currently in Gulf countries, with 37 Indian-flagged vessels and over 1,100 seafarers in […]

In light of recent developments, the shipping titan Maersk has temporarily halted specific cargo bookings in West Asia. The acceptance of reefer and hazardous cargo has been suspended in multiple Gulf states, with further disruptions affecting shipping routes between India and the Upper Gulf markets. Moreover, air cargo operations are experiencing significant challenges due to […]

India has increased its watch over Indian-flagged ships. This is happening as tensions in the Middle East affect global shipping. New rules ensure better tracking and reporting for vessels in sensitive areas. Authorities are monitoring ships around the clock. This step aims to protect Indian ships and seafarers. The government is taking measures for safe […]

India is enhancing security in the Persian Gulf. The Ministry of Ports, Shipping and Waterways is closely monitoring the situation. Precautionary measures are in place for Indian-flagged vessels and seafarers. The government is coordinating with national and international agencies. Enhanced monitoring and reporting are active. Support is being extended to seafarers and their families.