India now depends on Russia for 40% of its crude oil imports : BIMCO
LONDON : “During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6
Iran’s revolutionary guards seize tanker in Gulf, arrest crew
TEHRAN : Iran’s Islamic Revolutionary Guard Corps have seized a Togo-flagged oil tanker in the Gulf and arrested its nine-person crew over alleged fuel smuggling, the military force
India’s July edible oil imports to surge to record on robust palm buying, sources say
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead
Navigating Biofouling Management: Key training series held in Panama
PANAMA CITY : When ships trade across the ocean, they can introduce invasive aquatic species (IAS) to new marine environments, posing one of the greatest threats to the
12 major Indian Ports’ cargo traffic surges 6.8 % to 69.8 MT in June : IPA
NEW DELHI : Indian Ports Association (IPA) data showing that, cargo traffic across 12 major Indian Ports rose 6.8 per cent to 69.08 million tonnes (MT) in June
Allcargo Gati raises Rs 169.28 crores, plans to expand biz
MUMBAI : Allcargo Gati Limited successfully raised Rs. 169.28 crores by way of issue of equity shares through a QIP (Qualified Institutional Placement) in accordance with the SEBI
Tanker Captain missing amid illegal oil transfer allegations : Trial Postponed
BATAM : The trial in the Indonesian district court of Batam has been delayed as the accused, a captain of the tanker, went missing. Allegedly, the tanker was
ClassNK issues approval in principle (AiP) for hydrogen-fueled engine compatible oil tanker
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of the hydrogen-fueled engine compatible 5,000KL oil tanker with electric propulsion system developed by
Consort Bunkers, ClassNK, Yanmar and Taiko accelerate towards Alternative Fuel Bunkering with new MO
SINGAPORE : Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding (MOU) to accelerate
India’s permission to use 30% biofuel blends on Indian vessels to accelarate decarbonisation in sh
NEW DELHI : India has a permitted usage of 30% biofuel blends onboard Indian vessels, for reduction in greenhouse gas emissions from ships & other air pollutants such