December 30, 2025
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Petronet draws Rs 40,000 cr investment plan to treble profit by 2028

February 12, 2024 LNG, Maritime, Trending News
GOA : PetronetLNG, the operator of the world’s largest liquefied natural gas (LNG) import terminal, will invest Rs 40,000 crore in expanding import capacity and petrochemicals with a target to treble net profit by 2028,

India may start LNG supplies to Sri Lanka by 2025-end

February 9, 2024 LNG, Maritime, Trending News
NEW DELHI : India is likely to start supplying liquefied natural gas (LNG) to Sri Lanka by the end of next year and will eventually establish an offshore regasification terminal at the Colombo Port.

Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil Secretary

January 4, 2024 Export - Import, LNG, Maritime, Trending News
NEW DELHI : India’s top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India’s Oil Secretary

Petronet LNG to set up LNG terminal on east coast of India

December 30, 2023 LNG, Terminal, Trending News
GOPALPUR : Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s

H-Line Shipping receives 210,000 dwt LNG dual-fuel bulk carrier

December 29, 2023 International Shipping, LNG, Maritime, Trending News
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier, HL Hope, to H-Line Shipping. The HL Hope reportedly has a primary engine,

MOL names second LNG carrier for charter with GAIL

December 23, 2023 International Shipping, LNG, Shipping Line, Trending News
TOKYO : Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL (India), the largest natural gas supplier

ClassNK awards AiPs for SDARI’s green fuels powered vehicle carriers

December 7, 2023 International Shipping, LNG, Maritime, Ship Building, Technology, Trending News
SHANGHAI : ClassNK has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI). The first AiP acknowledges an ammonia ready LNG dual fueled vehicle

LNG imports in India to escalate in 2024, fueled by power and fertilizer sector demand

December 5, 2023 LNG, Import, Trade, Trending News
NEW DELHI : India’s liquefied natural gas (LNG) imports are projected to rise significantly in 2024, driven by ongoing demand in the power, industrial, and fertilizer sectors, with a forecasted year-on-year growth of approximately

New research reveals financiers’ beliefs and behaviours on shipping’s transition to a low carbon fut…

December 4, 2023 International Shipping, Fuel, LNG, Maritime, Shipping, Trending News
LONDON : A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute explores the role ship financiers can play in shipping’s transition to zero

CONCOR signs Agreement with Indraprastha Gas Ltd to explore possibility of LNG/LCNG infra at termina…

November 21, 2023 Container, Company, Infrastructure, LNG, Logistics, Transport, Trending News
NEW DELHI : Railway PSU Container Corporation of India Ltd has signed an agreement with Indraprastha Gas Ltd to explore the possibility of setting up LNG or LCNG infrastructure at its terminals in Uttar Pradesh and Gujarat. This strategic partnership
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