Stay updated with the latest oil-tanker news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on oil-tanker topics.
Silver prices hit record highs in India and globally, driven by rate-cut expectations, strong industrial demand, supply deficits and safe-haven flows, with the metal outperforming gold, topping crude oil prices and maintaining a bullish medium-term outlook amid broader macroeconomic shifts Silver prices surged to a historic high of Rs 2,06,111 per kilogram on the Multi Commodity Exchange (MCX) on Wednesday, extending their bullish momentum, which was seen this year, amid strong global cues, mac ...Read More >
MUMBAI, Dec 17 (Reuters) - The Indian rupee may pause its recent slide at Wednesday's open, with the quick fall expected to draw improved two-way interest, while the dip in the dollar index to a two-month low could offer support. The 1-month non-deliverable forward indicated the rupee will open in the 90.96-91.02 range versus the U.S. dollar, having settled at 91.0275 on Tuesday. The rupee fell 0.3% on Tuesday to a lifetime low of 91.0750, weighed by heavy dollar demand linked to NDF maturitie ...Read More >
The Telangana government is sending a team led by Minorities Welfare Minister Mohammad Azharuddin to Saudi Arabia. The team will facilitate relief efforts following a fatal bus accident involving Hyderabad residents. The government will provide ex-gratia and conduct funerals in accordance with religious traditions. In response to the tragic bus accident in Saudi Arabia, the Telangana government has mobilized a coordinated relief effort. Led by Minorities Welfare Minister Mohammad Azharuddin, a ...Read More >
Hyderabad, Nov 17 (PTI) As many as 18 members of a family across three generations were in a bus involved in a deadly accident with an oil tanker in Saudi Arabia, relatives said here on Monday. Shaik Nazeeruddin, a retired railway employee, was travelling in the ill-fated bus along with his wife, son, three daughters and grandchildren on his way to Madina, his nephew Mohammed Aslam said. "Whether it was an accident or what happened we do not know, but total 18 members- Shaik Nazeeruddin, his s ...Read More >
Swan Defence and Heavy Industries (SDHI) has secured its first major shipbuilding deal since taking over and reviving the Pipavav shipyard, signing a letter of intent (LoI) with Norway's Rederiet Stenersen for the construction of six 18,000 dwt chemical tankers worth about $220m. The agreement includes an option for six additional vessels of the same class. The IMO Type II ships will be built at SDHI's Pipavav facility in Gujarat, India's largest shipyard by dry dock capacity, which restarted o ...Read More >
MUMBAI: A suspected short circuit on the ninth floor of JMS Business Centre, a commercial building in Jogeshwari west, ignited a fire that turned into an inferno within minutes on Thursday morning. But providence was on the side of the 27 people who were rescued. While there were no fatalities or injuries, falling shards of glass from window panes that kept blowing out put several lives in danger, including those on the street below and rescue personnel, who wrestled with the flames for four ho ...Read More >
South Korean firms explore partnerships as India invests heavily to develop domestic shipbuilding capabilities As the Indian government announces massive policy funding to develop the shipbuilding industry into a national strategic business, South Korean shipbuilders are expected to benefit. India is in urgent need of skilled overseas partners to enhance its shipbuilding capabilities. South Korea, with strengths in high-value-added and eco-friendly ship construction and no security issues with ...Read More >
KOLLAM: The Kollam native who went missing after a boat capsized off the coast of Mozambique has been confirmed dead, Kollam MP N K Premachandran said. The deceased is Srirag Radhakrishnan, 36, of Thevalakkara. His family has been informed, and efforts are under way to bring his body back home. "The Government of Mozambique has informed us that Srirag's body has been identified. The process to repatriate the body to Kerala has begun," the MP said. Srirag, an electrical engineer, was working as ...Read More >
NEW DELHI: India on Thursday firmly rejected the United Kingdom's latest sanctions targeting Russia's oil sector and Indian firms, reiterating that it does not recognise unilateral sanctions, warning against "double standards" in energy trade."We have noted the latest sanctions announced by the UK... We do not subscribe to any unilateral sanctions. The Government of India considers the provision of energy security a responsibility of paramount importance to meet the basic needs of its citizens," ...Read More >
Samsung Heavy Industries signed a memorandum of understanding (MOU) with Indian shipmaker Swan Defence and Heavy Industries, a shipyard located in Gujarat, western India, to cooperate in the shipbuilding and offshore sectors, the Samsung subsidiary said Monday. Swan Defence and Heavy Industries operates India's largest dry dock -- measuring 662 meters (2,172 meters) by 65 meters -- and has the capacity to build very large crude carriers (VLCCs) and offshore facilities. Through the partnership, ...Read More >
"These MoUs are a testament to India's maritime resurgence. By fostering collaboration between states, industries and global partners, we are unlocking a new era of shipbuilding and port-led growth. This is not only about infrastructure, it is about creating jobs, empowering communities and establishing India as a leading maritime nation in the world," added Sonowal. A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on S ...Read More >
Mumbai, September 29: Indian legend Sunil Gavaskar revealed that his heart had been pounding intensely while watching the Asia Cup 2025 final between India and Pakistan at Dubai International Cricket Stadium. The Men in Blue secured a convincing victory as they chased down a target of 147 runs with just two balls remaining, in what was a thrilling encounter. The win also marked India's third consecutive victory against Pakistan in the 2025 tournament, as well as the team's record-extending ninth ...Read More >
New Delhi [India], September 29 (ANI): The Korean shipbuilder, Samsung Heavy Industries on Monday announced its entry into the Indian shipbuilding industry through a partnership with Swan Defense and Heavy Industries in Gujarat, enhancing its participation in India's state-led initiative to boost local shipbuilding. As per a report by 'The Korea Herald' under this partnership, both the companies agreed to explore collaboration across a wide range of ocean projects, including engineering, procur ...Read More >
New Delhi [India], September 29 (ANI): The Korean shipbuilder, Samsung Heavy Industries on Monday announced its entry into the Indian shipbuilding industry through a partnership with Swan Defense and Heavy Industries in Gujarat, enhancing its participation in India state-led initiative to boost local shipbuilding. As per a report by The Korea Herald under this partnership, both the companies agreed to explore collaboration across a wide range of ocean projects, including engineering, procuremen ...Read More >
New Delhi: Naval movement is intensifying across important Asian waters. The United States has sent two submarines to an undisclosed location. President Donald Trump confirmed the move, following what he called direct threats from Russia. The exact destination remains classified, but the timing points to growing tension across the region. Meanwhile, India has increased its maritime presence in Southeast Asia. Three Indian Navy warships have reached the Philippines. Another ship is conducting jo ...Read More >
Hyderabad: Actor Vijay Deverakonda is all set to return to the silver screen in a never-seen-before avatar with Kingdom, an action drama film that focuses on the themes of betrayal, vengeance, and redemption. The upcoming film is scheduled to release across India on July 31, and its Hindi version has officially been titled Saamrajya. Directed by Gowtam Tinnanuri, best known for the National Award-winning Jersey, Kingdom/Saamrajya features Deverakonda in a rugged and physically intense role. The ...Read More >
Aizawl, July 19 (PTI) Mizoram was staring at a fuel shortage as drivers of oil tankers went on a strike on Saturday to protest the poor condition of the highway that connects the state with the rest of the country. The Sairang-Kawnpui section of NH-6/306 was so badly damaged that it is no longer safe for oil tankers to ply, the Mizoram Oil Tanker Drivers' Association (MOTDA) said in a statement. It said that services will be halted till the road is repaired and made suitable for trucks to ply. ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police ...Read More >
Aizawl, July 19 (PTI) Mizoram was staring at a fuel shortage as drivers of oil tankers went on a strike on Saturday to protest the poor condition of the highway that connects the state with the rest of the country. The Sairang-Kawnpui section of NH-6/306 was so badly damaged that it is no longer safe for oil tankers to ply, the Mizoram Oil Tanker Drivers' Association (MOTDA) said in a statement. Also Read | 'Mumbai Ke Samundar Mein Dubo Dubo Ke Maarenge': Amid Verbal Spat Between Raj Thackeray ...Read More >
Aizawl, July 19 (PTI) Mizoram was staring at a fuel shortage as drivers of oil tankers went on a strike on Saturday to protest the poor condition of the highway that connects the state with the rest of the country. The Sairang-Kawnpui section of NH-6/306 was so badly damaged that it is no longer safe for oil tankers to ply, the Mizoram Oil Tanker Drivers' Association (MOTDA) said in a statement. It said that services will be halted till the road is repaired and made suitable for trucks to ply. ...Read More >
Hyderabad, July 18 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Friday urged his Andhra Pradesh counterpart, N. Chandrababu Naidu, not to obstruct Telangana's irrigation projects He appealed to the neighbouring state not to obstruct Telangana's crucial irrigation initiatives, including the Palamuru-Rangareddy Lift Irrigation Scheme, as well as the Dindi, Kalwakurthy, Bheema, Nettempadu, and Koilsagar projects. "We demand Andhra Pradesh not to block our projects. We seek cooper ...Read More >
NEW DELHI: Nayara Energy's refinery at Vadinar in Gujarat became the first in India to come under Western sanctions as the European Union on Friday announced fresh curbs on Russian oil exports with the aim of throttling funding for Moscow's war machine."For the first time, we're designating a flag registry and the biggest Rosneft refinery in India," agencies quoted EU foreign policy chief Kaja Kallas as saying.India responded by saying it "does not subscribe to any unilateral sanction measures. ...Read More >
BHUBANESWAR: With the Odisha Drivers' Mahasangha's strike continuing for the third consecutive day on Thursday, bus passengers across the state faced severe problems in commuting. With the government and the association yet to arrive at a resolution, people could be seen stranded at bus stands in several major cities of the state. Though OSRTC buses were operational, they were few and far between and unable to handle the huge rush of passengers. Many people complained that since the frequency ...Read More >
Aizawl, July 5: The National Highways and Infrastructure Development Corporation Limited (NHIDCL) will soon commence the repairing work of a dilapidated portion of National Highway-6/306, the primary lifeline of Mizoram. NHIDCL general manager Binod Kr Srivastava, on Saturday, said that company officials in the state met higher authorities at its headquarters in New Delhi during the day. The authorities concerned instructed the Mizoram NHIDCL officials to take over the Bilkhawthlir-Kolasib and ...Read More >
Aizawl, Jul 4 (PTI) Four organisations have met National Highways and Infrastructure Development Corporation Limited (NHIDCL) executive director Virendra Kumar Jakhar and expressed concerns about the dilapidated condition of a portion of NH-6/306. NH-306 is the lifeline of Mizoram linking the state with Assam. A portion of the highway is called NH-6. All supplies that come from other states reach Mizoram through this highway. Functionaries of the Mizoram Transformation Movement (MTM), Centre f ...Read More >
New Delhi, Jun 30: Indian Navy's stealth frigate INS Tabar, currently mission-deployed in the Gulf of Oman, responded swiftly to a distress call from a Pulau-flagged oil tanker, MT Yi Cheng 6, that caught fire on June 29. According to a statement shared by the Indian Navy spokesperson on X (formerly Twitter), the tanker, carrying 14 Indian crew members, was en route from Kandla, India, to Shinas, Oman, when a major fire broke out in its engine room, resulting in a total power failure onboard. ...Read More >
Dozens of two-wheelers skidded on a Hyderabad road after an oil tanker leaking fuel passed from the area. The incident which occurred on Hyderabad's Kushaiguda-Nagaram road left several bikers injured. In a video, which went viral after the accident, men and women were seen sprawled on the road along with their fallen two-wheelers. While some of them are still on the road, others can be seen attempting to pick up their vehicles. "A road stretch between ECIL & Keesara has turned slick due to a ...Read More >
UK sanctions 30 shadow tankers in largest clampdown on Russian oil trade The UK has blacklisted another 30 oil tankers in Russia's "shadow" fleet in its largest sanctions package of this kind to date, the government said Nov. 25, as a G7 foreign ministerial meeting kicks off in Italy. To circumvent the G7's price cap on seaborne Russian oil exports, Russia has amassed a large tanker fleet of 586 ships totaling 57.1 million dwt, according to a recent analysis based on S&P Global Commodities at ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.