Global Shipping Outlook 2026: Shipping rates to fall in 2026, but geopolitics and regulation cloud outlook
MUMBAI: The global shipping industry is entering 2026 firmly as a shipper-driven market, shaped by a widening supply–demand imbalance and easing freight rates, according to an industry outlook shared by Mr. Supal Shah, CEO
INOXAP flags off India’s first LNG-fuelled cryogenic tanker
VADODARA: INOX Air Products (INOXAP), India’s leading industrial, electronic & specialty gas leader, has flagged off India’s first LNG-fuelled cryogenic tanker approved by Petroleum & Safety Organization (PESO), a part of Department for Promotion
ONGC to take 50 pc stake in ethane carriers operated by Japan’s Mitsui
NEW DELHI : Oil and Natural Gas Corporation(ONGC) will take a 50 per cent stake in two joint venture companies that will own and operate very large ethane carriers (VLECs) in partnership with Japan’s
First LNG-powered ship from Singapore docks at port in historic call
SINGAPORE : The Port of Mombasa has marked a historic milestone by receiving the first Liquefied Natural Gas (LNG)–powered vessel to dock at an East African port. The move signalled a huge leap toward
CONCOR rolls out LNG truck fleet to enable cleaner first & last mile freight movement
NEW DELHI : Container Corporation of India Ltd. (CONCOR) has advanced its sustainability agenda by inducting 230 LNG-powered trucks into its operations, aimed at transforming first and last mile logistics with environmentally responsible transport
CMA CGM welcomes LNG-Powered CMA CGM VENDOME to its fleet
MARSEILLE : CMA CGM has marked another milestone in its fleet expansion with the official naming of CMA CGM VENDOME, a 23,000 TEU dual-fuel LNG container vessel, reinforcing the Group’s commitment to decarbonized shipping
Somtrans christens LNG bunker barge as alternative fuel demand grows
ANTWERP: Bunker barge United LNG I has been officially christened in the port of Antwerp. It marks an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard and
Japan’s JERA signs first long-term LNG export deal with India’s Torrent Power
NEW DELHI : Japan’s top power generator JERA has signed its first long-term liquefied natural gas export deal with India’s Torrent Power (TOPO.NS), opens new tab to deliver 4 LNG cargoes annually for 10