News: Fuel

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

October 13, 2025

WASHINGTON : The US Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against more than 50 individuals, entities, and...

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

October 9, 2025

COPENHAGEN : ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage...

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

October 8, 2025

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...

Experts warn biofuels not a long-term solution for shipping

October 8, 2025

MAJURO: Experts advising Pacific states at the International Maritime Organization (IMO) warn that biofuels are not a long-term solution for decarbonising shipping, highlighting threats...

Lloyd’s Register issues updated guidance to support safe fuel cell integration onboard ships

October 8, 2025

LONDON: Lloyd’s Register (LR) has released updated guidance for the installation of fuel cells on ships, offering shipowners and shipbuilders a comprehensive framework to...

IMO steps up efforts to train seafarers on alternative fuels and new technologies

October 4, 2025

LONDON: The International Maritime Organization is stepping up efforts to prepare seafarers for shipping’s energy transition, in line with its strategy to cut greenhouse gas emissions...

Major Natural Gas discovery in Andaman Basin set to transform India’s Maritime landscape

October 3, 2025

NEW DELHI: India’s maritime sector is poised for a transformative leap following a major natural gas discovery in the Andaman Basin. The Ministry of...

ClassNK grants Approval in Principle for Methanol Superstorage

October 3, 2025

TOKYO: Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich...

Maritime Technologies Forum Issues New Guidelines for the Safe Inspection of Methanol Dual-Fuel Ships

October 1, 2025

TOKYO: The Maritime Technologies Forum (MTF) Tuesday released a comprehensive report providing guidelines for the safe inspection of methanol dual-fuel ships. The project was...