Saudi Arabia and India agree to set up 2 Oil Refineries
JEDDAH : Saudi Arabia and India agreed to deepen energy ties and cooperate more closely on a wide range of industries including defence, tourism and culture, as they seek to strengthen their economies at
Fossil fuels set to be the minority of energy used in international shipping by 2040
LONDON : The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not reduce the sector’s emissions in line with targets in the IMO’s revised
China hit by record number of WTO trade disputes as global backlash to export surge grows
BEIJING : China faced a record number of WTO trade disputes in 2024 as its export surge fuelled global backlash, with both developing and advanced economies challenging its overproduction. China faced a historic surge
World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage
TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up
Maximizing the potential of biofuels in shipping
SINGAPORE : Biofuels are an increasingly attractive decarbonization option for shipowners. A new white paper from DNV analyses an evolving supply picture, while also providing technical guidance to shipowners planning to use it as
India denies entry to ship carrying Russian oil over documentation, sources say
NEW DELHI : Indian Port authorities denied entry to an ageing tanker loaded with Russian Crude Oil on Thursday due to inadequate documentation, sources familiar with the matter said, an unusual move that indicates
RINA Approval in Principle confirms acceptance of Methanol Superstorage
GENOA : SRC Methanol Superstorage Technology, the innovative solution which makes it possible to integrate net zero-emission methanol fuel seamlessly into the limited storage space available onboard a ship, has secured Approval in Principle
EU Maritime Decarbonisation Target at Risk Without Effective Pricing Tool
WASHINGTON D.C. : The World Shipping Council (WSC) on Wednesday, March 19th released new research that shows both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets, but that the