Middle East crisis: Two India-bound LPG tankers transiting the Strait of Hormuz. india news

Middle East crisis: Two India-bound LPG tankers transiting the Strait of Hormuz

According to ship-tracking data from LSEG and Kepler cited by Reuters, two liquefied petroleum gas (LPG) tankers, BW Elm and BW Tyr, are currently transiting the Strait of Hormuz on their way to India, indicating a cautious resumption of movements through the strategic waterway. Shipping through the strait has been severely disrupted amid the ongoing US–Israeli conflict with Iran. However, Tehran indicated earlier this week that “non-hostile ships” could pass through the corridor if they coordinated with Iranian authorities. The data shows that two Indian-flagged ships have already crossed the gulf and are now in the eastern part of the strait. Their movement comes as India has stepped up efforts to rescue stranded LPG cargo in the region. So far, four tankers – Shivalik, Nanda Devi, Pine Gas and Jag Vasant – have been taken out. Despite these efforts, several Indian ships remain stranded. As of Friday, 20 Indian-flagged ships, including five LPG carriers, were still stranded in the gulf, according to Rajesh Kumar Sinha, special secretary in the shipping ministry. LSEG data shows that additional carriers such as Jag Vikram, Green Asha and Green Saanvi are deployed in the western Strait of Hormuz. The disruption has raised concerns about India’s energy supply. India consumed 33.15 million metric tonnes of LPG last year, of which about 60 percent of the demand was met by imports. About 90 percent of these imports come from the Middle East.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *