14 methanol-powered ships ordered in October
HAMBURG : A total of 14 orders for methanol-powered ships were recorded in October as demand for alternative fuels in the maritime industry continues to rise in line
NYK commences conversion to Ammonia Fuel for Pioneering Tugboat
Commencing modification to sail the World’s first ammonia-fueled vessel TOKYO : NYK has commenced conversion of the liquefied natural gas (LNG) fueled tugboat Sakigake to an ammonia-fueled tugboat
India, Japan and South Korea should work together to protect shipping
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In
India’s imports of Saudi oil in September slump to a multi-year low
NEW DELHI : India’s reliance on imported crude in the April-September period of the current financial year ending March rose to 87.8 per cent from 86.5 per cent
India needs to reduce cost of fuel to boost inland waterways : Nitin Gadkari
NEW DELHI : India needs to work towards reducing the cost of fuel to boost inland water transport within the country, MoRTH Shri Nitin Gadkari said recently. Addressing
Oil prices jump on concerns over Middle East supply disruptions
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
VOC Port in Tamil Nadu creates history with India’s first Green Ammonia import, to promote
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
Political instability is a “Risk Multiplier” which is putting a successful green energy transiti
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
India-Russia Ties : After S-400 Shipments, Russia could now suspend Oil Exports to India
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
DNV forecasts oil demand in transport sector to half by 2050
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%