According to a research, the developers are facing delays of 10-20 days for shipments of construction materials, as vessels are being rerouted via longer routes. This has increased shipping costs by Rs 1.5-3.5 lakh per container, adding pressure on ongoing and upcoming projects
19 March,2026 03:36 PM IST | Mumbai | mid-day online correspondent
Raising the issue in the Maharashtra Legislative Assembly, Thackeray called for greater transparency and scrutiny of the compensatory afforestation being carried out for the project
18 March,2026 06:29 PM IST | Mumbai | mid-day online correspondent
The Aframax tanker Aqua Titan, carrying Urals crude, is expected to arrive at New Mangalore Port on March 21, according to ship-tracking data
18 March,2026 03:44 PM IST | New Delhi | mid-day online correspondent
The rerouting coincides with India sharply increasing its procurement of Russian oil. Indian refiners are estimated to have purchased nearly 30 million barrels of crude within a week, reflecting a rapid response to evolving global supply conditions
18 March,2026 02:20 PM IST | New Delhi | mid-day online correspondentADVERTISEMENT
