Four Fertilizer Ships Successfully Navigate Strait of Hormuz for India
L'essentiel
Four cargo ships carrying vital fertilizers like urea and di-ammonium phosphate have successfully passed through the Strait of Hormuz en route to Indian ports, bolstering the nation's fertilizer reserves for the upcoming summer crop season.
Résumé généré par IA
Four cargo ships laden with vital fertilizers like urea and di-ammonium phosphate have successfully navigated the Strait of Hormuz, en route to Indian ports. This development significantly bolsters the nation's fertilizer reserves, crucial for meeting the upcoming summer crop season's demands. India continues its robust import strategy, supplementing domestic production to ensure ample crop nutrient availability for farmers nationwide.
Mumbai: Four cargo ships carrying urea, di-ammonium phosphate and sulphur crossed the Strait of Hormuz last week and were headed to ports in India, boosting the country's fertilizer stocks, the Indian government said in a statement on Monday.
Last week, India said 16 India-bound ships carrying fertiliser were stranded in the Strait of Hormuz with about 700,000 tons on board.
To meet the local demand for the summer crop season, India has already imported 5 million tons of crop nutrients, including urea, apart from boosting local output, a government official said last week.
India imports fertilisers, such as urea and DAP, as well as liquefied natural gas, a key feedstock for urea production, and is one of the world's largest fertiliser importers.
The ships, which are headed to the Krishnapatnam, Kakinada, Paradeep, and Mundra ports, crossed the strait last week, the statement said.
India's cumulative fertiliser stock stands at 19.60 million metric tons, the statement said.
