US EditionPublished • loading... • Updated
Indian LPG Cargoes Pass Through Strait of Hormuz
Two Indian LPG tankers used an Iranian-controlled corridor in the Strait of Hormuz to secure energy imports amid West Asia conflict, with India sourcing 90% of its LPG via this route.
- On Monday, two India-flagged LPG carriers Pine Gas and Jag Vasant neared waters between Iran's Larak and Qeshm islands, sailing close and broadcasting their Indian identity via an Iranian-controlled corridor.
- Since February 28, strikes by US and Israel have crashed Strait traffic, while diplomatic talks with Tehran and India's MEA secured selective safe passage for some India-flagged vessels.
- Ownership and cargo records show that Jag Vasant, owned and operated by Mumbai-based Great Eastern Shipping Company, and Pine Gas, owned by Mumbai-based Seven Islands Shipping, are large LPG carriers carrying over a day's pre-West Asia war consumption.
- As of Sunday, India had 22 merchant vessels with 611 seafarers stuck in the Persian Gulf, and once Jag Vasant and Pine Gas exit, the tally would fall to 20.
- Dependence on the Strait means 90% of India's LPG imports from West Asia transit 54% of consumption, while demand slumped 17% this month, prompting government cuts to commercial supplies.
Insights by Ground AI
18 Articles
18 Articles
Two more Indian-flagged LPG tankers set to cross Strait of Hormuz
New Delhi: Two more Indian-flagged liquefied petroleum gas (LPG) tankers have started their journey from the Persian Gulf and are expected to cross the war-hit Strait of Hormuz before heading to Indian ports, ship tracking data showed. LPG tankers Pine Gas and Jag Vasant, sailing close to each other on Monday, March 23, afternoon, were near the waters between Iran’s Larak and Qeshm islands, possibly to make their identity clear to Iranian author…
Coverage Details
Total News Sources18
Leaning Left6Leaning Right3Center2Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
55% Left
L 55%
C 18%
R 27%
Factuality
To view factuality data please Upgrade to Premium
