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
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 10th system from the technology provider in
Oil bunker costs to double by 2035 on IMO rules, says Wartsila
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
CONCOR successfully flags off its first tank container rake carrying bulk cement
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
Ships collide in Hormuz Strait in shadow of Israel-Iran war
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
Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report
NEW YORK : Israel’s airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional instability. While the escalation is bullish for near-term oil and
Indian Oil, BPCL and HPCL plan tanker order for domestic use in move to boost shipbuilding industry
NEW DELHI : India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry. Indian Oil