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Lloyd’s Register approval clears path for cubic LNG tank design for LNG-fuelled vessels

LONDON: Lloyd’s Register (LR) has issued an approval in principle (AiP) for GTT’s CUBIQ™ LNG fuel containment system. This cubic tank design aims to...

India committed to no longer purchasing Russian oil, $500 billion of investments into U.S.: White House

WASHINGTON : The White House has hailed a new trade agreement with India, saying the country has committed to “no longer” purchasing Russian oil,...

Lloyd’s Register issues first Guidance Notes for onboard hydrogen generation as industry seeks regulatory clarity

LONDON: Lloyd’s Register (LR) has published the maritime industry’s first dedicated Guidance Notes for onboard hydrogen generation, providing long-awaited clarity on the safe design...

Oshima Shipbuilding’s multi-fuel-ready Ultramax bulk carrier concept receives Lloyd’s Register approval

LONDON: Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its multi-fuel-ready Ultramax bulk carrier design. The AiP covers...

Expanded IMO Data Collection Rule needs Engine Monitoring Rethink advises CMT

HAMBURG: Shipowners and managers are being reminded to review onboard fuel-measurement and data-capture practices following the entry into force of amendments to MARPOL Annex...

Bill threatening 500% tariff on India for Russia oil trade gets Trump’s Nod

WASHINGTON : US President Donald Trump has "greenlit" the bipartisan Russia Sanctions Bill, which could be used to penalise Moscow's trading partners, including India,...

Hydrogen’s potential and its limits for  decarbonisation highlighted in LR’s latest Fuel for thought report 

LONDON: Lloyd’s Register (LR) has published the latest report in its award-winning Fuel for thought series, providing a comprehensive assessment of hydrogen’s potential role in maritime decarbonisation.  Fuel for thought: Hydrogen examines hydrogen from production and supply through...

China, EU are top buy­ers of Rus­sian fossil fuel; India’s share at 16.26%

NEW DELHI : Russia’s cumulative earnings from exporting fossil fuels since the war in Ukraine (February 24, 2022) surpassed $1 trillion at the beginning...

Rs. 22 lakh crore fuel import bill unsustainable; India must bet on EVs, ethanol and hydrogen: Nitin Gadkari

GURUGRAM: The Hon’ble Union Minister for Road Transport and Highways, Nitin Gadkari, said India’s continued dependence on fossil fuel imports, currently estimated at around...

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...

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