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Latest Logistics, Transport News | The HinduBusinessLine

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; UKMTO confirms enforcement GE Aerospace to set up Tejas engine maintenance facility for IAF India strengthens Sri Lanka maritime push, counters China with strategic bets Indore SEZ exports surge 10.50% to cross ₹14,000 crore in FY 2026 GE Aerospace-IAF tie up for depo-level maintenance iof F404 -IN20 engines France, UK to lead multinational mission to restore navigation in Strait of Hormuz: Macron
Convoy of tankers is seen crossing Strait of Hormuz, vess...
2026-04-18 · via Latest Logistics, Transport News | The HinduBusinessLine
The Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arrives in Iraq’s territorial waters off Basra, Iraq, April 17, 2026.

The Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arrives in Iraq’s territorial waters off Basra, Iraq, April 17, 2026. | Photo Credit: MOHAMMED ATY

A convoy of eight tankers ​was crossing the Strait of Hormuz on Saturday, data showed, as ‌some ship owners said they hoped Tehran would allow ​them to leave the Gulf during a short ⁠ceasefire window in the Iran war.

The group - comprising one very large crude oil carrier (VLCC), several oil product and chemical tankers and liquefied petroleum ‌gas (LPG) carriers - was passing through Iranian waters south of Larak island, according to MarineTraffic data. More tankers ‌were seen following from the Gulf.

Hundreds of ships have ‌been ⁠stuck in the Gulf since the US and ⁠Israel launched the war on Iran at the end of February and Tehran retaliated by closing the strait, forcing large oil and gas production cuts ​across all Gulf oil ‌producers.

Iran reopened the strait, which before the war carried a fifth of the world’s oil trade, following a separate US-brokered ceasefire on Thursday by Israel and Lebanon.

Some ship owners ‌said they might try to use the window ​of opportunity to leave the Gulf while the ceasefire lasts. They all asked not to be named due ⁠to the sensitivity of the issue.

A number of ships have also been observed approaching the strait and turning back since ‌yesterday afternoon, indicating that the passage was still restricted.

In a statement on Saturday morning, a spokesperson for the Iran’s Revolutionary Guards said: “Following prior agreements reached in negotiations, the Islamic Republic of Iran, acting in good faith, agreed to the managed passage of a limited number of oil tankers and commercial vessels ‌through the Strait of Hormuz.”

The closure of the Strait has resulted in ​the largest supply loss in history - more than 10 million barrels of oil per day and a 20 per cent ⁠cut in global liquefied natural gas supply, the International Energy Agency ⁠has said.

Top Gulf producers such as Saudi Arabia, the UAE, Iraq and Kuwait say they need a ‌steady inflow and outflow of tankers and unrestricted passage through the strait to be able to resume steady oil ​export operations.

Published on April 18, 2026