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India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending

NEW DELHI : Indian oil refiners are increasing gasoline and diesel exports to their highest levels in several years, driven by expanded crude processing...

USD 48 billion at risk of being written off as gas tanker orders soar by 300% in five years, new research shows

LONDON/HAMBURG: USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate...

India’s Nayara Energy raises fuel supply to HPCL after EU sanctions

NEW DELHI : India's Nayara Energy has raised fuel sales to state retailer Hindustan Petroleum Corp (HPCL.NS), opens new tab after the Russia-backed refiner's...

GCMD’s Project LOTUS confirms long-term operational feasibility of B24 biofuel blend in vessels

SINGAPORE: The Global Centre for Maritime Decarbonisation (GCMD) today released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched...

Lloyd’s Register launches Biofuel Advisory service to help accelerate shipping’s decarbonisation

LONDON: Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt...

Sanctioned vessel with Russian oil switches Indian port after Adani ban, data shows

NEW DELHI : Sanctioned vessel Noble Walker carrying Russian oil has changed course to India's Vadinar Port after the country's Adani Group banned entry...

Shell and Hapag-Lloyd sign multi-year liquefied biomethane deal

HAMBURG: Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect.  The agreement...

Despite Trump-Modi understanding, Howard Lutnick says ‘US will sort out India deal after it stops buying Russia oil’

WASHINGTON : US Commerce Secretary Howard Lutnick has said that Washington will "sort out" the trade deal with India but once New Delhi stops...

Lloyd’s Register awards AiP for 174K LNG Carrier with Wind Challenger technology

LONDON: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for the design of a 174,000m³ LNG carrier equipped...

IMO updates ‘Future Fuels and Technologies Hub’: Explore the latest on new marine fuels and innovation

LONDON: Looking for the latest information about solutions to reduce shipping emissions? Curious about the scalability and sustainability of new marine fuels and technologies?  The Future Fuels and...
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