New Delhi, May 29 (IANS) Nissos Keros, a Marshall Islands‑flagged crude oil tanker carrying approximately 270,000 MT of crude oil cargo for India, safely crossed the Strait of Hormuz and is expected to arrive at Visakhapatnam on June 3, according to the official update issued on Friday. All oil refineries in the country are operating at high capacity with adequate crude inventories, while sufficient stocks of petrol and diesel are being maintained. Domestic LPG production from refineries has b…
Latest Marshall Islands News & Updates
Washington, May 29 (IANS) The United States sanctioned many companies, individuals and vessels as part of a sweeping new crackdown on Iran’s oil and petrochemical trade, accusing them of helping facilitate transactions involving Iranian-origin products.The US Department of State announced sanction on several companies linked to what it called Iran’s “shadow oil economy”, saying the measures are intended to cut off revenue used by Tehran to fund destabilising activities and support its military a…
New York, May 29 (IANS) An oil tanker carrying sorely needed petroleum for India has cleared the Strait of Hormuz, according to several sites that track maritime traffic.The Nissos Keros is on its way to Vishakapatnam and is expected to reach its destination on June 3, according to multiple sites.The ship, flying under the Marshall Islands flag, left Shajrah on May 21 and was reported at 6 am Indian Standard Time on Friday in the Northern Arabian Sea off the west coast of India.Iran’s news age…
New Delhi, May 17 (IANS) A ship carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at the Deendayal Port Authority at Kandla on the Gujarat coast after having safely sailed through the Strait of Hormuz earlier amid the West Asia crisis, officials said on Sunday.The Marshall Islands-flagged MV SYMI started its journey from Qatar and docked at the port in Kandla around 11.30 pm on Saturday after crossing the Strait of Hormuz on May 13, the officials said.Since early March, 13 I…
New Delhi, May 14 (IANS) Two India-bound vessels have safely crossed the Strait of Hormuz and are expected to arrive in the country in the next couple of days, the government announced on Thursday.SYMI, an LPG carrier and Marshall Islands-flagged vessel, carrying 19,965 MT of LPG cargo for India, with 21 foreign crew members onboard, safely crossed the Strait on May 13 and is expected to arrive at Kandla on May 16, the government said in its daily briefing.”NV SUNSHINE, an LPG carrier and Vietna…
New Delhi, May 3 (IANS) About 47 lakh domestic Liquefied Petroleum Gas (LPG) cylinders were delivered across the country on Saturday, indicating that there were no shortages or gaps in gas supply despite the military conflict in West Asia and the subsequent Strait of Hormuz blockade. According to the Petroleum Ministry, the online LPG cylinder bookings increased to 99 per cent on industry basis yesterday, and around 47 lakh domestic LPG cylinders were delivered against bookings of around 47.4 la…
New Delhi, May 3 (IANS) MT Sarv Shakti, carrying 46,313 MT of LPG, safely sailed through the Strait of Hormuz on Saturday and is expected to arrive at Visakhapatnam on May 13 with the Indian cooking gas cargo, the Ministry of Ports, Shipping and Waterways said on Sunday.The Marshall Islands-flagged ship has 20 crew members onboard, of whom as many as 18 are Indians, a ministry statement said.The ship, carrying over 45,000 tonnes of LPG, was earlier tracked moving into the Gulf of Oman after pass…
New Delhi, May 3 (IANS) An India-linked liquefied petroleum gas (LPG) tanker has successfully crossed the strategically vital Strait of Hormuz, marking a rare transit amid heightened tensions and severe disruptions to global energy flows.The Marshall Islands-flagged vessel, Sarv Shakti, carrying around 45,000 tonnes of LPG commonly used as cooking fuel, was tracked moving into the Gulf of Oman after passing near Iran’s Larak and Qeshm islands on Saturday, according to ship-tracking data.The ve…
Washington, April 3 (IANS) With tensions still simmering in the Gulf, U.S. President Donald Trump on Friday suggested the Strait of Hormuz could be reopened for oil gains, describing it as a chance to “MAKE A FORTUNE,” as maritime traffic shows early signs of revival. “With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A ‘GUSHER’ FOR THE WORLD???,” Trump said in a social media post.His remarks come as new data indicate…
Washington, Feb 25 (IANS) The US has imposed sanctions on more than 30 individuals, companies, and vessels linked to Iran’s oil trade and weapons programmes. The Treasury Department on Wednesday said the action targets Iran’s so-called shadow fleet and networks supplying ballistic missile and advanced conventional weapons programmes.“Iran exploits financial systems to sell illicit oil, launder the proceeds, procure components for its nuclear and conventional weapons programs, and sup…