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 India (SCI) through the newly established
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. SCI’s ongoing collaborations with Oil and
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 last month, industry sources said. Indian
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 — the highest single-day throughput ever.
USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows
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 energy use, according to new research
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 May 2023 for three newbuilds, this
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 voyages tracking India-origin seaborne shipments show
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 liquid cargo. This initiative marks a
