LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of
LONDON: Lloyd’s Register (LR) has published the latest report in its award-winning Fuel for Thought research series, examining the role of liquefied natural gas (LNG) in the cruise sector. Launched today (14 April) at Seatrade Cruise, Fuel for Thought: LNG for
LONDON: “By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet,
NEW DELHI : India is finalising an agreement for the supply of oil and gas to Mauritius to strengthen its energy security amid the crisis due to the West Asia conflict, External Affairs Minister
NEW DELHI : With a view to speeding delivery of energy supplies from the Gulf, India recently granted waivers to allow two Iranian cargoes aboard an older tanker and another under international sanctions to
By Mr. Rajesh Menon, Maritime Expert The conflict involving Iran has emerged as a major geopolitical shock to global energy markets and supply chains, exposing how deeply interlinked energy flows and logistics networks have
DAHEJ : Petronet LNG has commissioned the expansion of its Dahej liquefied natural gas terminal, increasing capacity from 17.5 million metric tonnes per annum (MMTPA) to 22.5 MMTPA. The commissioning was completed at 23:30
NEW DELHI : Amid the oil shock and supply chain disruptions triggered by the U.S.-Israel war on Iran, Russia has assured that its energy companies have the capacity to “steadily increase” the supply of
NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head – Commodity,
WASHINGTON: US President Donald Trump has called on oil-importing nations to “build up some delayed courage” and take responsibility for reclaiming the Strait of Hormuz, asserting that the burden of securing the Iranian-blocked waterway