Asian oil floating storage seen declining on lower exports
SINGAPORE : The volume of oil stored on board ships in Asian waters, which has tripled since September to a three-year high, is poised to decline as producers of sanctioned oil slow exports and
“PM Narendra Modi is the torchbearer and architect of Assam and Northeast’s development:” Sarbananda…
GUWAHATI: The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal said that Prime Minister Shri Narendra Modi is the torchbearer and architect of Assam and the Northeast’s transformation, as the prime
ClassNK issues Approval in Principle (AiP) for Multiple Alternative Fuels Ready (Ammonia/Methanol/LN…
TOKYO: ClassNK has issued approval in principle (AiP) for a concept design of the Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS Ready Bulk Carrier developed by Oshima Shipbuilding Co., Ltd. The certification confirms the
Hoppe Marine and Admaren Tech launch SecureLoad Systems Joint Venture for Modern Cargo Operations
HAMBURG: Hoppe Marine GmbH and Admaren Tech Pvt. Ltd. announced the launch of SecureLoad Systems Pvt. Ltd., a joint venture dedicated to modernising vessel loading, stability assessment and cargo planning across global fleets. The launch
Green Hydrogen Pilot Project at Chidambaranar Port
NEW DELHI: The objective of the Green Hydrogen Pilot Project at VoC Port is to create a bunkering facility for Green Hydrogen or its derivatives to support the phased development of Green Fuel utilization
BIMCO adopts FuelEU Maritime and ETS clauses for the sale and purchase of ships
LONDON: The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships. The FuelEU Maritime Regulation
Lloyd’s Register, EXMAR and the Belgian Federal Public Service for Mobility and Transport join force…
The Interim Guidelines represent a significant step towards the safe and practical use of ammonia as a zero-carbon marine fuel. LONDON: Lloyd’s Register (LR), EXMAR and the Belgian Federal Public Service (FPS) for Mobility
Ship rates spiking 467% marks upended trade across commodities
LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling output upend global supply lines. Daily earnings to