SINGAPORE : OOCL entered into the relevant shipbuilding contracts with Hudong‑Zhonghua Shipbuilding (Group) Co., Ltd. on April 29, 2026. These new vessels will be equipped with dual-fuel main engine systems capable of running LNG
MUMBAI: The impact of the United Arab Emirates (UAE) exiting OPEC on global oil prices will depend on when supply through the Strait of Hormuz normalises, and with strong relation between India-UAE, the move
NEW DELHI : Minister of Road Transport and Highways Shri Nitin Gadkari said on Tuesday that there is no future for vehicles operating on fossil fuels like petrol and diesel in the long term.
ABU DHABI : The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The
ULSAN (SOUTH KOREA): The Ulsan Port Authority (UPA) announced the successful completion of the world’s first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23, 2026. This milestone
MUMBAI : DTDC Express Ltd., India’s leading multinational logistics firm, has announced the elevation of two senior leaders as part of its ongoing efforts to strengthen its core functions and prepare the organization for
GENOA: SRC Group’s Methanol Superstorage system has received Type Approval from RINA, in a formal recognition of a solution which allows shipowners and operators to use methanol and ethanol as green marine fuels without
RIYADH : Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability
GANDHIDHAM : India: Reinforcing its position as a key gateway for project and heavy-lift cargo, Kandla Port has successfully handled and dispatched a major consignment of cryogenic LNG storage tanks manufactured by INOX India
TEHRAN : Two Indian-flagged tankers turned back in the Strait of Hormuz after being fired upon by Iranian gunboats yesterday, as the waterway that carries one-fifth of the world’s oil and gas remains at