New guidance provides industry-first roadmap for nuclear-powered shipping
LONDON: Lloyd’s Register (LR) has published Navigating Nuclear Energy in Maritime, a new guidance document providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries. As
Trump says Modi has agreed to stop buying Russian oil
WASHINGTON : President Donald Trump has said Indian Prime Minister Shri Narendra Modi has agreed to stop buying Russian oil, as the US seeks to put economic pressure on the Kremlin as part of
Global Shipping faces Decisive Moment at IMO’s MEPC ES.2
LONDON: The International Maritime Organization (IMO) kicked off its second extraordinary meeting of the Marine Environment Protection Committee (MEPC ES.2) on Tuesday, with Secretary-General Arsenio Dominguez highlighting the critical need to lock in mandatory
US sanctions over 50 firms, including Indian Nationals, over Iran oil trade
WASHINGTON : The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and liquefied petroleum gas (LPG) sales
ABB’s automation and electrification technology to support floating green ammonia production vessel
COPENHAGEN : ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from
Oil PSU JVs to build 112 vessels, save $350 billion forex by 2047 : Sarbananda Sonowal
VISAKHAPATNAM : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal outlined how the milestone aligns with the government’s larger strategy for maritime expansion and energy resilience. SCI’s ongoing collaborations with Oil and
Experts warn biofuels not a long-term solution for shipping
MAJURO: Experts advising Pacific states at the International Maritime Organization (IMO) warn that biofuels are not a long-term solution for decarbonising shipping, highlighting threats to food security, supply constraints, and rising costs for vulnerable
Lloyd’s Register issues updated guidance to support safe fuel cell integration onboard ships
LONDON: Lloyd’s Register (LR) has released updated guidance for the installation of fuel cells on ships, offering shipowners and shipbuilders a comprehensive framework to support the safe deployment of alternative power systems. The July 2025