Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, the chairman of India's biggest shipping company said on Tuesday. SCI stopped sailing to Iran in 2012 when sanctions targeting Iran's nuclear programme prevented the company obtaining insurance cover ...

TEHRAN (FNA)- The Indian oil tanker, MT Desh Shanti, which was intercepted by the Iranian Navy as it was carrying Iraqi oil through the Persian Gulf is in the custody of Hormozgan Ports and Maritime Office, a senior official said, reiterating that the vessel should compensate through its protection and indemnity (P&I) insurance coverage for the ...