India’s oil and gas service provider Dolphin Offshore has entered into a lease agreement for an accommodation barge with Ballast Shipping. The Prabha DP2 accommodation barge, previously known as the Vikrant Dolphin, was hired from Beluga International for a period of three years. According to...
https://splash247.com/dolphin-offshore-pens-lease-deal-for-accommodation-barge/
A cargo of Russian crude that was on a ship rejected by Indian port authorities is now being transferred to another tanker, ship-tracking data show, a sign of how traders are finding ways to skirt regulatory hurdles to keep sensitive freight moving.
https://gcaptain.com/russian-oil-stuck-on-india-banned-ship-finds-new-tanker/
The recent denial of entry by Indian authorities to a ship carrying Russian crude oil due to lack of proper documentation may signal broader geopolitical implications for both nations.
The Indian shipping industry’s relationship with Russia has evolved significantly in recent years, driven by geopolitical shifts, economic necessities, and strategic partnerships. This relationship is deeply intertwined with broader bilateral trade dynamics, particularly in the energy sector, as India has become...
Clayton Pinto-led Seven Islands Shipping, a Mumbai-based tanker specialist, has paid $11m for the 13,200 dwt Owl 3—its second 2010-built clean tanker acquisition in under a year. The ship is listed as sold by clean tanker specialist Interunity Management. In recent years, Fairfax Financial...
https://splash247.com/seven-islands-shipping-doubles-down-on-clean-tonnage/
Singapore and India have signed a Letter of Intent (LOI) to cooperate on maritime digitalisation and decarbonisation projects, including identifying relevant stakeholders who could contribute to the effort, and work towards formalising the partnership through a memorandum of understanding on a Singapore-India Green and Digital Shipping Corridor (GDSC).
India is a leading player in information technology with the potential to become a major producer and exporter of green marine fuels. Singapore,...
VLGC owner and operator BW LPG has signed a memorandum of agreement to sell two vessels to the BW LPG India joint venture. The two vessels in question, the BW Pampero and BW Chinook, were acquired in the recent Avance Gas transaction and will be sold for approximately $75m per vessel to ensure...
https://splash247.com/bw-lpg-sells-vlgc-duo-to-indian-joint-venture/
By Rakesh Sharma and Weilun Soon Mar 28, 2025 (Bloomberg) –A tanker carrying Russian crude for state-run Indian Oil Corp. has been denied entry to a local port due to a…
https://gcaptain.com/indian-port-bars-tanker-hauling-russian-crude/
Offshore support and accommodation vessels company Keyfield International has sold one of its workboats to India’s Saraf Corporation. Keyfield International’s wholly owned subsidiary, Keyfield Offshore, sold the 2014-built Keyfield Lestari for a cash consideration of $12.5m. The company said the...
https://splash247.com/keyfield-sells-accommodation-workboat-for-12-5-m/
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below a price cap of $60 per barrel, two traders said.
India is set to conduct naval exercises with a group of African nations, marking its first maritime collaboration of this kind aimed at balancing China’s growing influence in the Indian Ocean.
The exercises, which are expected to begin on April 11, will see participation from up to 10 countries, including Kenya, South Africa, Tanzania, Mozambique, and Madagascar, according to India’s Deputy Chief of Naval Staff, Tarun Sobti. He announced that the drills would include multiple phases, such as...
https://container-news.com/india-first-maritime-exercises-with-african-nations/