35% of ships subject to additional fees due to tariffs: BIMCO
LONDON: In last week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the possible effect of fees from the Office of the
Sonowal : Govt to strengthen national fleet with SCI capital infusion and new tanker tenders
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal announced that, the Government of India will infuse fresh capital into the Shipping Corporation of
Oil PSU JVs to build 112 vessels, save $350 billion forex by 2047 : Sarbananda Sonowal
VISAKHAPATNAM : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal outlined how the milestone aligns with the government’s larger strategy for maritime expansion and energy resilience.
Tanker freight rates for Russian crude to India climb on higher seaborne exports, sources say
LONDON: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a sharp increase in loadings
Adani Hazira Liquid Terminal sets a new record
HAZIRA : Adani Ports and Sez(APSEZ) of Hazira Liquid Terminal sets a new record by handling In just one day, 734 tankers and moved an incredible 21,645 metric tonnes of cargo
USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new res
LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil
Econowind receives repeat order from Terntank for two more vessels
ZEEWOLDE : Econowind has received a repeat order from Terntank for the installation of eight VentoFoil units on two additional methanol-ready hybrid tankers. Following the initial order in
EU Sanctions start to disrupt Clean Product Exports from Nayara’s Vadinar Refinery
LONDON : The European Union’s latest sanctions on Nayara Energy, India’s Rosneft-linked refiner, are beginning to impact clean product flows out of the Vadinar terminal visibly. Oil flows
CONCOR flags off Rail Movement of Bulk Liquid in Specialized Tank Containers
MUNDRA : In a significant development for India’s logistics sector, Container Corporation of India Ltd. (CONCOR) has launched the movement of customer-owned specialized tank containers for transporting bulk
Berg Propulsion marks decade of Nakkaş Shipping collaboration with 10th tanker contract
HONO (SWEDEN) : Turkish group Nakkaş Shipping & Trading Co has confirmed that a decade of tanker-focused work with Berg Propulsion will culminate in the delivery of its