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
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.
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
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
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
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
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 10th system from the technology provider in
NEW YORK : Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas emissions, Finland-based Wartsila’s CEO Hakan Agnevall told Platts while laying out
HYDERABAD : Container Corporation of India Ltd. (CONCOR) has successfully flagged off its first tank container rake carrying bulk cement from Maha Cement (Mellacheruvu, AP) to ICD Whitefield, Bengaluru. This marks a new era
OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British maritime security monitor Ambrey said that the collision on