Aramco sees 100 million-barrel oil loss each week Hormuz is shut
Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made the Middle East war the most significant supply disruption ever,
PM Modi urges work from home, fuel conservation to save foreign exchange amid Iran war
TELENGANA : Prime Minister Shri Narendra Modi on Sunday urged citizens and businesses to conserve fuel and revive work-from-home practices to cut petrol and diesel consumption, as a surge in global energy prices strains
US military intercepts Iranian-flagged oil tanker in Gulf of Oman, says US Central Command
WASHINGTON : The US Military says it has intercepted and disabled an Iranian-flagged oil tanker in the Gulf of Oman after it allegedly attempted to breach a US-enforced maritime blockade and head toward an
Third WindWings® tanker “Monza” delivered to Union Maritime as wind propulsion scales amid IMO uncertainty
PORTSMOUTH: The LR2 tanker Monza, fitted with two 37.5-metre WindWings® developed by BAR Technologies, has been delivered to Union Maritime, marking the third vessel in the company’s newbuild series to adopt wind-assisted propulsion. Together,
Orderbook growth and significant developments in reducing methane slip highlight LNG’s role in maritime decarbonisation
A new edition of Fuel for thought: LNG sets out how LNG continues to offer a competitive compliance pathway as EU and IMO regulations tighten. LONDON: Lloyd’s Register (LR) has released its latest Fuel for thought:
Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS
NEW YORK: Nine ships crossed the Strait of Hormuz on May 3, down from 13 on May 2 and 21 on May 1, S&P Global Commodities at Sea (CAS) said in a May 4
DPA Kandla to convert invasive Kutch shrub(Gando Bawal) into bio-methanol in Rs 100 crore pilot project
GANDHIDHAM : The Deendayal Port Authority (DPA) Kandla in Gujarat is developing India’s first bio-methanol demonstration plant using Prosopis juliflora — the invasive shrub locally known as Gando Bawal — as its primary feedstock,
Structured tender model for shipbuilding: Government aims tech transfer, local manufacturing
NEW DELHI : With focus on building resilience in the shipping sector, amid the West Asia conflict and increased instances of global supply chain disruptions, govt will adopt a “structured tender approach for manufacturing