GESHIP.NSE News
One Indian vessel crosses Hormuz, four others turn back as IRGC opens fire
New Delhi, Apr 18: One Indian-flagged oil tanker crossed the Strait of Hormuz on Saturday, while at least four others trying to transit the choke point turned back after Iran signalled the strategic waterway was closed again. Oil tanker Desh Garima appeared to have successfully crossed the Strait on Saturday, ship tracking data showed. The Shipping Corporation of India (SCI) tanker is the 10th India-flagged vessel to have crossed the Strait since early March. As of Saturday evening, it was sailing in the Gulf of Oman, according to ship tracking data from maritime data and intelligence platform MarineTraffic. MarineTraffic data showed oil tankers Sanmar Herald, Desh Vaibhav and Desh Vibhor, along with bulk carrier Jag Arnav, reversing course near the chokepoint, taking the number of India-flagged ships in the Persian Gulf to 14. State-run SCI owns Desh Vaibhav and Desh Vibhor, while Sanmar Herald is operated by Sanmar Shipping and Jag Arnav by Great Eastern Shipping Company. According to the United Kingdom Maritime Trade Operations, a tanker reported being approached by two Iranian Revolutionary Guard Corps gunboats and fired upon about 20 nautical miles northeast of Oman.
cityfalcon.com
One Indian vessel crosses Hormuz, four others turn back as IRGC opens fire
New Delhi, Apr 18: One Indian-flagged oil tanker crossed the Strait of Hormuz on Saturday, while at least four others trying to transit the choke point turned back after Iran signalled the strategic waterway was closed again. Oil tanker Desh Garima appeared to have successfully crossed the Strait on Saturday, ship tracking data showed. The Shipping Corporation of India (SCI) tanker is the 10th India-flagged vessel to have crossed the Strait since early March. As of Saturday evening, it was sailing in the Gulf of Oman, according to ship tracking data from maritime data and intelligence platform MarineTraffic. MarineTraffic data showed oil tankers Sanmar Herald, Desh Vaibhav and Desh Vibhor, along with bulk carrier Jag Arnav, reversing course near the chokepoint, taking the number of India-flagged ships in the Persian Gulf to 14. State-run SCI owns Desh Vaibhav and Desh Vibhor, while Sanmar Herald is operated by Sanmar Shipping and Jag Arnav by Great Eastern Shipping Company. According to the United Kingdom Maritime Trade Operations, a tanker reported being approached by two Iranian Revolutionary Guard Corps gunboats and fired upon about 20 nautical miles northeast of Oman.
cityfalcon.com
Jag Vasant and Pine Gas, owned by Great Eastern Shipping and Seven Island Shipping respectively, are likely to reach Indian ports between March 26 and 28
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Serial Indian buyer Great Eastern Shipping tied to deal for 12-year-old ship at elevated price
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… Indian firm Great Eastern Shipping , which reportedly sold the … strategic pivot for Atlantica Shipping . The company had previously … after exiting the container shipping market last year. Earlier … brief return to container shipping for the company. Later …
cityfalcon.com
Indian owner ushers second oldest product carrier to the exit door
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Vikram Solar and Patel Retail are set to make their market debut today
The government has reportedly increased the Maritime Development Fund to ₹70,000 crore from ₹25,000 crore.
ABB India, ITC, Adani Power, and Federal Bank are among the companies reporting quarterly results later in the day.
Following EU sanctions, Indian vessel owners Seven Islands Shipping and Great Eastern Shipping Co (GESCO) have requested Nayara Energy to terminate contracts for three clean product tankers. Concerns over the sanctions have prompted this decision, impacting Nayara's ability to sell refined fuel and leading to reduced refinery operations due to storage limitations.
cityfalcon.com
NEW DELHI (Reuters) -The Indian owners of three vessels chartered to Nayara Energy have asked the Russian-backed firm to end their contracts following recent European Union sanctions on the refiner, six sources familiar with the matter said on Tuesday. India-based Seven Islands Shipping Ltd and Great Eastern Shipping Co (GESCO) have asked Nayara to release the three clean products tankers, citing concerns over the sanctions, five of the sources said. The medium-range vessels are the Bourbon and Courage, owned and managed by Seven Islands, and GESCO's tanker Jag Pooja, sources said.
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