On Monday, India reaffirmed its commitment to the welfare of Indian seafarers amid ongoing Gulf tensions. A senior Ministry of External Affairs official emphasized the priority of safety for the Indian community. Continuous support and communication with seafarers and their families are being maintained, ensuring their well-being during this challenging period.
Four weeks into the conflict, India’s trade with West Asia has plummeted, with exports nearly grinding to a halt since March 1. Pankaj Chadha emphasized the disruption caused by the Hormuz blockade, affecting shipping, air cargo, and creating a financial crisis for exporters, particularly small and medium enterprises reliant on timely payments.
As part of India’s Maritime India Vision 2030, the country is transitioning to electric harbour tugs, with the Green Tug Transition Programme (GTTP) leading the way. Major ports like Deendayal and Jawaharlal Nehru are among the first globally to adopt fully electric towing fleets, promoting sustainability in maritime operations.
Adani Ports and Special Economic Zone Ltd. (APSEZ) has launched India’s first Port of Refuge (PoR) to improve maritime emergency response. Located at Dighi Port and Gopalpur Port, the initiative aims to enhance safety for distressed vessels and support critical services like salvage and pollution containment, aligning with global maritime standards.
India has launched ‘Operation Urja Suraksha’ to safeguard merchant vessels transporting energy supplies from the Persian Gulf. This operation shifts focus towards a strategic plan for 22 Indian-flagged vessels, crucial for LNG, LPG, and crude oil. Coordination with Iranian authorities aims to ensure safe passage through the Strait of Hormuz.
The Dakshin Bharat Gateway Terminal (DBGT) in Tamil Nadu achieved a milestone by welcoming its first 100% transhipment vessel, MSC Krystal, on March 26. Handling 1,307 TEUs not linked to Indian ports, this event marks DBGT’s readiness to capture transhipment traffic and bolster India’s position in global shipping routes.
India has secured its first cargo of Iranian liquefied petroleum gas (LPG) in years, following a temporary easing of U.S. sanctions. The sanctioned tanker, Aurora, is set to arrive at Mangalore soon. The LPG will be distributed among major retailers, with payments made in rupees, amid India’s ongoing gas crisis.
Argentina has significantly boosted its liquefied petroleum gas (LPG) exports to India, effectively doubling shipment volumes to address supply gaps from West Asian energy route disruptions, especially in the Strait of Hormuz. Indian importers are leveraging Argentina’s enhanced capacity and competitive pricing, marking a strategic shift in LPG sourcing.
The Indian government has reinstated full benefits under the RoDTEP scheme for exporters impacted by the West Asia crisis, addressing rising logistics costs and supply chain issues linked to the Strait of Hormuz closure. This restoration is vital for labor-intensive sectors facing heightened freight rates and War Risk Surcharges, ensuring competitiveness amidst challenges.
The Indian Register of Shipping (IRS) has classified the Lila Jamnagar, a 298,997 DWT Very Large Crude Carrier, enhancing India’s maritime capabilities. Owned by RFK Shipping and registered in GIFT City, this vessel marks a significant milestone in India’s tanker fleet, affirming IRS’s commitment to global safety and performance standards.
The Bombay High Court has allowed the owners of three ships seized by the Indian Coast Guard to deliver essential supplies to their crew. The vessels were detained for suspected illegal petroleum transfers. The court’s ruling ensures crew members receive necessary provisions while investigations into the alleged smuggling continue.
India’s freight forwarding industry is alarmed by soaring War Risk Surcharges (WRS) imposed by international shipping lines on Gulf-bound cargo. The Federation of Freight Forwarders’ Associations in India (FFFAI) has urged intervention from the Ministry of Ports, highlighting potential profiteering as exporters face increased financial strain and significant disruptions.
In a bold move, the Indian government has enacted the Petroleum and Natural Gas (Furnishing of Information) Order 2026, requiring real-time data sharing from the oil and gas sector under the Essential Commodities Act. This mandates all stakeholders to submit sensitive operational information, overriding confidentiality agreements to bolster national security amid energy reliance.
The Indian government assured that fuel supplies remain stable amid tensions in the Strait of Hormuz. Officials confirmed refineries are operating at full capacity, with no shortages in petrol or diesel. Domestic LPG production has surged by 40%, alleviating panic. Indian seafarers in the Persian Gulf are reported safe.
India is accelerating plans to establish its own Protection and Indemnity (P&I) insurance entity amid soaring marine insurance costs due to recent crises in West Asia. Rajesh Kumar Sinha announced ongoing discussions with the Department of Financial Services, highlighting the aim to create a domestic solution for maritime liability coverage.
