FIS expands its Global Fuel Oil Coverage
LONDON: FIS, a leading freight and commodity brokerage, has announced some key hires in Singapore, expanding its coverage of fuel oil products at a crucial moment for global oil markets. FIS is pleased to
India-flagged LPG Tanker Jag Vikram reaches Kandla after crossing Strait of Hormuz
KANDLA : Another Indian-flagged LPG carrier, Jag Vikram, transporting 20,400 metric tonnes of liquefied petroleum gas, reached Kandla port in Gujarat on Tuesday. Owned by Mumbai-based Great Eastern Shipping Company, the LPG tanker, carrying
Indian Railways partners with BPCL to build Gati Shakti Cargo Terminal in Jammu to strengthen fuel supply and rail logistics
NEW DELHI : The Indian Railways has entered into an agreement with Bharat Petroleum Corporation Limited (BPCL) to develop a Gati Shakti multi-modal cargo terminal on the outskirts of Jammu, enhancing freight efficiency and
Global seaborne crude oil shipments down 16% since start of the Iran war: BIMCO
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
New report finds LNG remains cruise shipping’s most deployable decarbonisation option
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
Two oil tankers make last-minute U-turn in Hormuz as US-Iran talks fail
WASHINGTON : Two empty supertankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make a last-minute U-turn just as peace negotiations between the
Global order book hits 17-year high amid record crude tanker contracting
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,
India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis: Jaishankar
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