Adani Ports to block vessels under US, UK, EU sanctions
PORTS & SHIPPING

Adani Ports to block vessels under US, UK, EU sanctions

The Adani Group has barred vessels subject to sanctions by the United States, United Kingdom, and European Union from docking at its ports, according to an order reviewed by Reuters. The move is intended to protect the group’s legal and commercial interests at a time when international shipping is under increasing scrutiny.

The directive stated, “To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted.” It also instructed that vessel agents must provide a written undertaking confirming that their ships are not subject to sanctions before being allowed entry.

The decision comes against the backdrop of the Russia-Ukraine conflict and US-imposed tariffs on Russian crude sales, which have led to tighter monitoring of oil shipments. India has been among the largest buyers of discounted Russian crude, much of which is carried by vessels sanctioned by Western nations.

Adani’s Mundra Port plays a key role in India’s crude imports, serving Hindustan Petroleum Corporation Limited (HPCL)-Mittal Energy’s Bathinda refinery and multiple refineries operated by Indian Oil Corporation (IOC). Both companies have frequently received Russian oil shipments through this port, according to the Reuters report.

Following Adani Ports’ directive, IOC is exploring alternative arrangements to source Russian crude from ports that continue to accept EU- and UK-sanctioned vessels, the report added.

News source: Business Standard

The Adani Group has barred vessels subject to sanctions by the United States, United Kingdom, and European Union from docking at its ports, according to an order reviewed by Reuters. The move is intended to protect the group’s legal and commercial interests at a time when international shipping is under increasing scrutiny.The directive stated, “To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted.” It also instructed that vessel agents must provide a written undertaking confirming that their ships are not subject to sanctions before being allowed entry.The decision comes against the backdrop of the Russia-Ukraine conflict and US-imposed tariffs on Russian crude sales, which have led to tighter monitoring of oil shipments. India has been among the largest buyers of discounted Russian crude, much of which is carried by vessels sanctioned by Western nations.Adani’s Mundra Port plays a key role in India’s crude imports, serving Hindustan Petroleum Corporation Limited (HPCL)-Mittal Energy’s Bathinda refinery and multiple refineries operated by Indian Oil Corporation (IOC). Both companies have frequently received Russian oil shipments through this port, according to the Reuters report.Following Adani Ports’ directive, IOC is exploring alternative arrangements to source Russian crude from ports that continue to accept EU- and UK-sanctioned vessels, the report added.News source: Business Standard

Next Story
Infrastructure Transport

MMRC Plans CityFL Feeder Network for Mumbai Metro Line-3

The Mumbai Metro Rail Corporation (MMRC) is planning to introduce a dedicated feeder network, called CityFL (City First and Last), for the upcoming Metro Line-3. The initiative aims to provide seamless last-mile connectivity from Metro stations to surrounding neighbourhoods and commercial hubs.The feeder system will include electric buses, e-autos, and shared mobility options integrated with Metro schedules to ensure smoother passenger transfers. MMRC officials stated that the plan is part of a broader strategy to enhance ridership and reduce reliance on private vehicles.Metro Line-3, the city..

Next Story
Infrastructure Transport

Adani Group Wins Rs 16.44 Bn Pune Metro Contract

The Adani Group has secured Rs 16.44 billion contract for constructing the 5.4 km underground section of Pune Metro’s Swargate–Katraj line. The project, awarded by MahaMetro, involves twin tunnels and three underground stations to improve urban connectivity and ease traffic congestion in southern Pune.Officials stated that the Adani Group will undertake design, civil works, and allied infrastructure development for the stretch, which forms part of Pune Metro’s Phase II expansion.Once completed, the corridor will significantly enhance mobility between central and southern parts of the cit..

Next Story
Infrastructure Transport

Gurgaon Metro Phase-2 May Go Underground, Raising Costs

The proposed Phase-2 of the Gurgaon Metro project may shift from an elevated to an underground alignment, a move that could nearly double its overall cost and delay completion. Officials are considering the redesign to reduce land acquisition challenges and minimise disruption to densely populated areas.Sources indicate that the project’s cost could rise significantly due to tunnelling, safety systems, and advanced construction requirements associated with underground corridors.The Haryana Mass Rapid Transport Corporation is currently assessing revised design proposals and financial implicat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?