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BREAKING NEWS
VOC Port Secures Twin National Honours at ET Infra Global Ports & Shipping Awards 2026 The New Geography of Global Trade Favors India - Article by Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL Adani Gangavaram Port Limited wins the 25th Environment Sustainability Award 2026 V.O. Chidambaranar Port Authority Holds Interactive Meeting with Port Users to Strengthen Stakeholder Engagement CONCOR CMD Ajit Kumar Panda calls for Integrated Cold Chain Infrastructure to strengthen India’s Agri, Food and Pharma Supply Chains/ Nitin Gadkari Launches OneTag for Easy FASTag Bank Switching India Auto Makers Revamp Supply Chains amid Shipping Capacity Crunch/I KICTPPL Records Strong Year-on-Year Growth in Traffic and Dispatch at Paradip Port VOC Port Engages Trade Stakeholders to Strengthen Mainline Connectivity and Cargo Growth PM Modi Highlights Freedom of Navigation, Seafarer Safety for Global Trade/ VOC Port Secures Twin National Honours at ET Infra Global Ports & Shipping Awards 2026 The New Geography of Global Trade Favors India - Article by Maj Gen Shamsher Singh Ahlawat, Advisor, NLDSL Adani Gangavaram Port Limited wins the 25th Environment Sustainability Award 2026 V.O. Chidambaranar Port Authority Holds Interactive Meeting with Port Users to Strengthen Stakeholder Engagement CONCOR CMD Ajit Kumar Panda calls for Integrated Cold Chain Infrastructure to strengthen India’s Agri, Food and Pharma Supply Chains/ Nitin Gadkari Launches OneTag for Easy FASTag Bank Switching India Auto Makers Revamp Supply Chains amid Shipping Capacity Crunch/I KICTPPL Records Strong Year-on-Year Growth in Traffic and Dispatch at Paradip Port VOC Port Engages Trade Stakeholders to Strengthen Mainline Connectivity and Cargo Growth PM Modi Highlights Freedom of Navigation, Seafarer Safety for Global Trade/
Tanker Aqua 1 struck by two missiles in Qatar waters
Image: UKMTO Another day, another Iranian strike on a merchant vessel. QatarEnergy confirmed today that the Aqua 1, a fuel oil tanker on charter to the company, was the subject of a missile attack in the northern territorial waters of the State of Qatar in the early morning hours of Wednesday, April 1, 2026.

Tanker Aqua 1 struck by two missiles in Qatar waters

Reuters reports Iran’s Islamic Revolutionary Guard Corps as saying that it had targeted ​the Aqua 1 because of what it said were ​its ties with Israel.

According to UKMTO, the vessel was 17 nautical miles north of Ras Laffan when it was struck on the port side by two missiles, one of which caused a fire which was subsequently extinguished. The other remains unexploded within the engine room and is being investigated by the relevant authorities.      QatarEnergy says that none of the crew members on board Aqua 1 were injured, and there is no impact on the environment as a result of this incident.

Meantime, the situation in the region continues to have a negative impact on economies worldwide. The UN Trade and Development (UNCTAD) has followed its first rapid assessment of the situation with a second that finds that what began as a disruption in a key energy corridor is now feeding through the entire global economy. The disruption of the Strait of Hormuz is hitting a large share of global oil and gas supplies, with immediate consequences for production, trade and consumption worldwide. It is also spilling over into transport systems, including maritime routes, air cargo and port logistics.

Trade losing momentum: Global merchandise trade is expected to slow sharply, from about 4.7% growth in 2025 to 1.5–2.5% in 2026.     Inflation pressures rising: Energy shocks are pushing up prices and increasing the cost of living.      Financial stress increasing: Investors are pulling back from developing countries, weakening currencies and raising borrowing costs and high vulnerability: 4 billion people live in countries already spending more on debt than on health or education.

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