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Four India-bound fertiliser ships sail safely out of Hormuz

India has successfully contracted 1.77 million metric tons of urea in its latest global tender evaluation.

 Four India-bound fertiliser ships sail safely out of Hormuz   Caption : Four India-bound fertiliser ships sail safely out of Hormuz   Four India-bound fertiliser ships sail safely out of Hormuz Caption : Four India-bound fertiliser ships sail safely out of Hormuz / IANS File Photo

Four cargo ships carrying vital shipments of urea, di-ammonium phosphate (DAP), and sulphur from the Persian Gulf are headed for Indian ports after successfully crossing the Strait of Hormuz last week, according to an official statement issued on June 22.

Navigating through ongoing global trade challenges, these vessels are currently heading toward their designated destination ports-Krishnapatnam, Kakinada, Paradeep, and Mundra. Upon arrival, these fresh imports will immediately offload to supplement the nation's existing fertilizer buffers and secure ongoing agricultural requirements, the statement said.

Also Read: Iran closes Strait of Hormuz again, cites MoU violation by US and Israel

India’s cumulative fertilizer stock position, as of June 22, stands at a robust 19.61 million metric tons, marking a healthy increase from the 16.87 million metric tons recorded during the corresponding period last year. This strong inventory backup comprises 8.14 million metric tons of urea, 2.09 million metric tons of DAP, 5.59 million metric tons of NPK, 1.27 million metric tons of MOP, and 2.51 million metric tons of SSP, the statement said.

Reflecting high agricultural momentum, total fertilizer sales after the Middle East crisis (from March 1, to June 21) reached 15.34 million metric tons, representing an increase of 1.32 million metric tons compared with last year's sales of 14.02 million metric tons over the same period.

To protect Indian farmers against unpredictable global market shocks, the government maximized indigenous manufacturing capabilities alongside targeted import arrivals. Post-crisis domestic production scaled up significantly to achieve 13.31 million metric tons. This strong domestic foundation has been closely matched by total import arrivals reaching 4.37 million metric tons at Indian ports during this period, striking a balance between local output and international sourcing, the statement said.

India has successfully contracted 1.77 million metric tons of urea in its latest global tender evaluation. With this latest addition, India has secured more than 9 million metric tons of urea and P&K fertilizers from the global market, specifically tailored for the ongoing kharif season.

This macro-scale procurement strategy was facilitated through active diplomatic coordination with 28 Indian missions abroad, opening up diverse import pipelines across multiple international corridors, the statement said.

The urea has been sourced from Oman, Malaysia, Vietnam, Georgia, Nigeria, Russia, Finland, Egypt, Algeria, Turkey, and the Netherlands.

The DAP and NPK streams have been secured via the Red Sea shipping route from Russia, Morocco, Egypt, the United States, Jordan, South Korea, Tunisia, and Saudi Arabia, the statement added.

Discover more at New India Abroad.

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