Oil tankers stop calling on Pakistan and Sri Lanka
An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to
India to withdraw windfall tax if oil prices fall $40 a barrel
NEW DELHI : India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present
GREEN GROWTH : UECC takes delivery of second multi-fuel LNG battery hybrid PCTC
UECC has further strengthened its sustainable fleet of pure car and truck carriers (PCTCs) with the landmark delivery of a second multi-fuel LNG battery hybrid newbuild from China’s
Indian Oil will not accept Russian crude oil on free-on-board basis any longer
NEW DELHI : India’s top refiner Indian Oil Corporation (IOC) will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend on a free-on-board (FOB) basis due to
New cargo terminal at Ahmedabad airport to be operational soon
AHMEDABAD : Sardar Vallabhbhai Patel International (SVPI) airport in Ahmedabad is all set to commence operations in its newly built cargo terminal very soon. “All necessary approvals are
Further extension of SCMTR implementation date
NEW DELHI : The Sea Cargo Manifest and Transhipment Regulations (SCMTR),has got an announcement by the Union Ministry of Finance for further extension of the implementation date –
NMPT pact with IOCL for bunkering facility
New Mangalore Port Trust on Tuesday signed an agreement with Indian Oil Corporation Ltd to provide bunkering facilities for vessels. Mangalore :A press release by NMPT said that
MSC reports another successful year for its Reefer cargo services
Shipping over 1.9 million refrigerated containers (also known as ‘reefer’) in 2020 alone, topping its previous record of 1.8 million in 2019, MSC continues to successfully sail the
Cargo traffic at major Indian ports in rough water?
KEY HIGHLIGHTSCargo traffic from 12 major Indian ports declines for the ninth successive month in December8.80% YoY decline in cargo traffic for the period between April & December
Cargo volumes at dozen state-owned ports decline 8.8% during April-December
The country’s dozen state-owned ports handled a combined 477.755 million tonnes (mt) of cargo during April to December, 8.8 per cent lower than the 523.844 mt in the
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