March 9, 2026
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Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

October 25, 2025 Tanker, EXPORT, Import, International Shipping, Liquid Cargo, Shipping Line, Trending News
LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump

23 Indian crew rescued after LPG Carrier catches fire off Yemen coast ; 2 still missing

October 22, 2025 Fuel, Foreign Ports, Liquid Cargo, Maritime, Shipfire, Trending News
YEMEN : 23 Indian crew members onboard MV Falcon, which caught fire and was adrift off the Yemen coast following an explosion, have been rescued and safely handed over to the Djiboutian Coast Guard.

Campaigners urge the IMO to keep Biofuels out of the Net-Zero Framework

October 22, 2025 Fuel, International Shipping, Maritime, Organisation, Shipping, Shipping Line, Trending News
Biofuelwatch, Forest Watch Indonesia and Global Forest Coalition are calling the International Maritime Organisation (IMO) to exclude harmful biofuels from compliance with the Net-Zero Framework. Last week, during the Extraordinary Session of the Marine

New guidance provides industry-first roadmap for nuclear-powered shipping

October 17, 2025 Fuel, Classification Society, International Shipping, Maritime, Shipping, Trending News
LONDON: Lloyd’s Register (LR) has published Navigating Nuclear Energy in Maritime, a new guidance document providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries.  As

Trump says Modi has agreed to stop buying Russian oil

October 16, 2025 Fuel, Global Trade, Trade, Trending News
WASHINGTON : President Donald Trump has said Indian Prime Minister Shri Narendra Modi has agreed to stop buying Russian oil, as the US seeks to put economic pressure on the Kremlin as part of

Global Shipping faces Decisive Moment at IMO’s MEPC ES.2

October 15, 2025 Fuel, Global Trade, International Shipping, Maritime, Organisation, Shipping, Shipping Line, Trending News
LONDON: The International Maritime Organization (IMO) kicked off its second extraordinary meeting of the Marine Environment Protection Committee (MEPC ES.2) on Tuesday, with Secretary-General Arsenio Dominguez highlighting the critical need to lock in mandatory

US sanctions over 50 firms, including Indian Nationals, over Iran oil trade

October 13, 2025 Fuel, Economy, EXPORT, Global Trade, Trade, Trending News
WASHINGTON : The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and liquefied petroleum gas (LPG) sales

Nitin Gadkari inaugurates India’s first Electric Truck Battery Swapping Station in Sonipat

October 9, 2025 Cargo, Logistics, Railway, Terminal, Trending News
NEW DELHI : Union Minister of Roads, Transport and Highways Shri Nitin Gadkari on Wednesday inaugurated India’s first commercial electric truck battery swapping and charging station at the Delhi International Cargo Terminal Private Limited

ABB’s automation and electrification technology to support floating green ammonia production vessel

October 9, 2025 International Shipping, Fuel, Maritime, Shipping, Technology, Trending News
COPENHAGEN : ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from

Oil PSU JVs to build 112 vessels, save $350 billion forex by 2047 : Sarbananda Sonowal

October 8, 2025 Fuel, Maritime, Ports, Shipping, Shipping Line, Tanker, Trending News
VISAKHAPATNAM : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal outlined how the milestone aligns with the government’s larger strategy for maritime expansion and energy resilience. SCI’s ongoing collaborations with Oil and
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