LONDON : Oil prices jumped by 4 per cent on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East.The West Texas Intermediate (WTI), the benchmark for
TUTICORIN : The V O Chidambaranar (VOC) Port, located in Tamil Nadu has made history by becoming the first port in India to handle green ammonia. V O Chidambaranar Port Authority, a state-owned entity
LONDON : The International Chamber of Shipping (ICS) Maritime Barometer Report 2022-2023 – published on Tuesday, 16th May, 2023 – reveals that uncertainty over fuel availability and infrastructure puts at risk ambitions to meet
GOA : Russian foreign minister Sergei Lavrov, while answering a reporter’s question during his press conference in Goa on Friday, May 5, 2023, bluntly implied that in its dealings with Russia, India wants to
OSLO : Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1% today to 23% in 2050, according
LONDON : A study on the readiness and availability of low- and zero-carbon ship technology and marine fuels, commissioned by IMO under its Future Fuels and Technology for Low- and Zero-Carbon Shipping Project (FFT
ZURICH : ABB will supply an integrated power and propulsion package comprising dual Azipod® propulsors and the Onboard DC Grid™ power system for two newbuild Finnish Border Guard patrol vessels Azipod® propulsion system ensures
NEW DELHI : Union Coal Minister Shri Pralhad Joshi claimed that India has sufficient coal reserves, and said that the country will start exporting dry fuel by 2025-26. From a net importer of coal,
HAMBURG : Kuehne+Nagel has been in a trusting partnership with Norwegian technology company ScaleAQ since 2014. Their shared ambition is to drive a sustainable future and has now resulted in Norway’s first fully traceable
NEW DELHI : The government said the export of biofuel from special economic zones and export oriented units are allowed for fuel as well as non-fuel purposes without any restriction, if the biofuel is