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Latest Logistics, Transport News | The HinduBusinessLine

Hyderabad Metro Rail takeover: Telangana govt likely to extend April 30 deadline Time to focus on ‘desi’ fleet creation Northern Railway to operate regular Delhi-Kashmir parcel train service from April 17 GE, HAL clinch tech deal on joint jet engine plan Air India-SIA top brass meet amid leadership flux, massive losses Telangana launches project Sanjeevani for integrated trauma care on highways Delhi airport traffic stalls in CY 25, drops off busiest airport list Glydways targets $1 billion valuation with $250 million funding push Datamatics powers Mumbai Metro Lines 2B & 9 with AFC, mobile ticketing Jeh Aerospace inks pact with Liebherr-Aerospace to supply high-precision components Indian LPG vessel Jag Vikram reaches Kandla Port after crossing Strait of Hormuz Telangana govt ready for dialogue with TGSRTC staff: Minister 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports GE Aerospace–HAL move closer to F414-INS6 engine co-production deal PM Modi inaugurates Delhi–Dehradun Economic Corridor to accelerate regional connectivity GE Aerospace, HAL inching closer to seal jet engine deal Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector Maharashtra: Marathi mandatory for rickshaw and taxi drivers from May 1 Airlines may get ₹5,000 crore credit support under proposed ECLGS variant Kirloskar Brothers boosts naval capability with contribution to INS Taragiri A1 adds 10 multi-axle tankers to expand fleet No immediate impact of US blocking Iranian vessels on India’s crude cargoes US naval blockade of Iranian ports begins; 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India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire
By PTI · 2026-04-11 · via Latest Logistics, Transport News | The HinduBusinessLine

An India-flagged liquefied petroleum gas (LPG) tanker, Jag Vikram, has crossed the Strait of Hormuz, marking the first such transit by an Indian vessel since a temporary two-week ceasefire between the US and Iran was announced, according to ship-tracking data.

The tanker moved through the strategic waterway between Friday night and Saturday morning and was located in the Gulf of Oman, east of the Strait on Saturday afternoon, proceeding eastwards.

Jag Vikram is the ninth Indian vessel to exit the Persian Gulf since early March, while about 15 India-flagged ships remain in the region, awaiting passage.

Owned by Mumbai-based Great Eastern Shipping Company, Jag Vikram is a mid-sized gas carrier with a deadweight capacity of over 26,000 tonnes.

Trade sources estimate it could be carrying around 20,000 tonnes of LPG.

At least 28 India-flagged vessels were in the Strait of Hormuz region when the West Asia conflict erupted, including 24 on the western side and four on the eastern side of the waterway.

Prior to Jag Vikram's transit, eight vessels from the western side and two from the eastern side had managed to sail to safety. Several foreign-flagged ships carrying India-bound cargo also remain stranded in the Persian Gulf.

According to MarineTraffic data, hundreds of vessels remain in the region, including 426 tankers, 34 LPG carriers and 19 LNG vessels, many of which had been effectively stranded amid the disruption.

India, the world's third-largest energy consumer and fourth-largest gas user, imports about 88 per cent of its crude oil, around half of its natural gas needs and nearly 60 per cent of its liquefied petroleum gas (LPG) requirement, underscoring its dependence on overseas supplies.

More than half of crude imports, about 40 per cent of gas and up to 85-90 per cent of LPG shipments come from Gulf countries and pass through the Strait of Hormuz, a key global energy corridor that was shut during the West Asia conflict.

The US and Iran, earlier this week, agreed to a conditional two-week ceasefire that includes reopening the Strait for shipping.

India curtailed LPG supplies to commercial users such as hotels and restaurants after disruptions to Gulf energy flows, before restoring about 70 per cent of pre-crisis volumes as alternative supplies were secured.

Natural gas supplies were initially cut to industries, including fertiliser plants, to prioritise CNG for transport and piped cooking gas for households. Supplies to fertiliser units have since been partially restored, with operating urea plants receiving about 80 per cent of recent average consumption, while overall allocation to the sector has been raised to around 95 per cent this week.

Gas availability to other industrial and commercial users has also been increased gradually, though it remains below normal levels.

City gas distributors have been directed to prioritise piped natural gas connections for commercial establishments, including hotels, restaurants and canteens, as part of efforts to shift demand away from LPG.

Published on April 11, 2026