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Economy News, Latest Economic News Today | The HinduBusinessLine

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Indian LPG vessel Jag Vikram reaches Kandla Port after cr...
2026-04-15 · via Economy News, Latest Economic News Today | The HinduBusinessLine
(Image for represenation) The Ministry of Ports, Shipping and Waterways and the Ministry of External Affairs are in coordination to bring back a total of 15 Indian-flagged vessels stranded at the Strait of Hormuz.

(Image for represenation) The Ministry of Ports, Shipping and Waterways and the Ministry of External Affairs are in coordination to bring back a total of 15 Indian-flagged vessels stranded at the Strait of Hormuz.

Indian-flagged LPG vessel ‘Jag Vikram’, which crossed the Strait of Hormuz on April 11, arrived at Kandla Port on April 14 carrying 20,400 metric tonnes of liquefied petroleum gas (LPG), officials said.

The vessel docked late on Tuesday night at Oil Jetty No. 1 at Kandla Port. The unloading process is expected to begin shortly and is likely to strengthen the country’s LPG supply chain.

The vessel’s arrival comes amid continued monitoring of maritime energy supply routes in the region.

The transit marks a breakthrough for New Delhi, as it is the first Indian ship to navigate the strategic corridor after the announcement of a 14-day ceasefire between the US and Iran, aimed at cooling regional hostilities and restoring essential maritime trade routes.

Meanwhile, the Ministry of Ports, Shipping and Waterways and the Ministry of External Affairs are in coordination to bring back a total of 15 Indian-flagged vessels stranded at the Strait of Hormuz.

Addressing an inter-ministerial briefing on Monday, Ministry of Ports, Shipping and Waterways Additional Secretary Mukesh Mangal said, “We, in coordination with MEA, are trying and putting our efforts to bring our vessels back. And as soon as it is possible for our vessels to sail from the Strait of Hormuz, those vessels will come back. At present, a total of 15 Indian-flagged and Indian-owned vessels are there.”

Additional Secretary Mukesh Mangal further provided a reassuring update on the status of vessels and crew members in the Gulf region, highlighting that no incident has been reported involving Indian vessels in the past 24 hours.

“We have received no report of any incident related to an Indian-flagged vessel in the last 24 hours. The Ministry has facilitated safe repatriation of more than 2,177 Indian seafarers till now, including 93 seafarers in the last 24 hours,” he said.

The ministry emphasised its commitment to ensuring seafarer welfare and uninterrupted maritime operations, highlighting continuous coordination with the Ministry of External Affairs, Indian missions, and maritime stakeholders.

“Operations are normal at every Indian port, and there have been no reports of any congestion,” the Ministry added.

The importance of the passage of Jag Vikram is further highlighted by the fact that nearly 90 per cent of India’s liquefied petroleum gas imports are sourced from nations in the Gulf region.

Published on April 15, 2026