ClassNK grants Approval in Principle for Methanol Superstorage
TOKYO: Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich Plate System (SPS) technology to almost double shipboard storage capacity
Maritime Technologies Forum Issues New Guidelines for the Safe Inspection of Methanol Dual-Fuel Ships
TOKYO: The Maritime Technologies Forum (MTF) Tuesday released a comprehensive report providing guidelines for the safe inspection of methanol dual-fuel ships. The project was led by the Maritime and Port Authority of Singapore (MPA)
Russia bans fuel exports; How does it affect India?
MOSCOW : In a major development, Russia has announced a partial ban on diesel exports and an extension of an existing ban on gasoline exports to all countries until the end of this year.The
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
NEW DELHI : Indian oil refiners are increasing gasoline and diesel exports to their highest levels in several years, driven by expanded crude processing capacity and increased domestic ethanol blending that has freed up
USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows
LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research
India’s Nayara Energy raises fuel supply to HPCL after EU sanctions
NEW DELHI : India’s Nayara Energy has raised fuel sales to state retailer Hindustan Petroleum Corp (HPCL.NS), opens new tab after the Russia-backed refiner’s exports were hit by European Union sanctions, a government source
GCMD’s Project LOTUS confirms long-term operational feasibility of B24 biofuel blend in vessels
SINGAPORE: The Global Centre for Maritime Decarbonisation (GCMD) today released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched in partnership with NYK Line on 9 May 2024,
Lloyd’s Register launches Biofuel Advisory service to help accelerate shipping’s decarbonisation
LONDON: Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt biofuels safely and at scale. Biofuels are emerging as one