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The Economic Times

Economy / The Economic Times

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Uncertainty looms as shipping is hit, exporters in wait and watch mode

India's Directorate General (DG) of Shipping issued advisories for seafarers presently in Iran, Strait of Hormuz, Persian Gulf and adjacent waters including those awaiting joining of vessels or awaiting wages and safe repatriation after sign-off. In a separate advisory for Indian flagged vessels, the DG shipping said all ships operating in or near the region are urged to conduct comprehensive shore security drills encompassing pertinent security scenarios, including loitering munitions, drone boat and similar threats.

1 Mar 2026 12:22 am