New research reveals financiers’ beliefs and behaviours on shipping’s transition to a low carbon future
LONDON : A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute explores the role ship financiers can play in shipping’s transition to zero
CONCOR set to haul FMCG cargo on domestic routes with 12ft high containers
NEW DELHI : Container Corporation of India Ltd (CONCOR) will haul fast-moving consumer goods (FMCG) cargo as the Navratna company seeks to boost its domestic market share by competing with and weaning away a
Kuehne+Nagel delivers the world’s first transatlantic shipment transported on a 100% SAF powered flight
NEW YORK : On November 28, 2023, the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after its departure from London Heathrow. Kuehne+Nagel,
Centre cuts windfall tax on domestic crude sales, diesel exports
NEW DELHI : The union finance ministry on Thursday lowered the windfall tax on the sale of domestic crude oil to ₹6,300 a tonne, according to an official notification. For the past two weeks the
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 with the ever-stringent regulatory landscape, data from
Israel-Hamas War rocket attacks are leading oil tankers to make unusual moves near ports
HAIFA : Oil tankers in the Red Sea are taking unusual actions amid the Israel-Hamas war, shutting off their global tracking transponders — called Automatic Identification Systems (AIS) — in an effort to traverse
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 at the Oppama factory of Keihin
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 2018, 76% of crude oil traveling