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Berg Propulsion marks decade of Nakkaş Shipping collaboration with 10th tanker contract

HONO (SWEDEN) : Turkish group Nakkaş Shipping & Trading Co has confirmed that a decade of tanker-focused work with Berg Propulsion will culminate in...

Oil bunker costs to double by 2035 on IMO rules, says Wartsila

NEW YORK : Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas emissions,...

CONCOR successfully flags off its first tank container rake carrying bulk cement

HYDERABAD : Container Corporation of India Ltd. (CONCOR) has successfully flagged off its first tank container rake carrying bulk cement from Maha Cement (Mellacheruvu,...

Ships collide in Hormuz Strait in shadow of Israel-Iran war

OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British...

Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report

NEW YORK : Israel's airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional...

Indian Oil, BPCL and HPCL plan tanker order for domestic use in move to boost shipbuilding industry

NEW DELHI : India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead...

DNV and COSCO sign new class contract for methanol-ethanol ready KNOT shuttle tanker

OSLO : Classification society DNV has signed a new contract with Cosco Shipping Heavy Industry Zhoushan Shipyard (COSCO) during Nor-Shipping 2025 for the classification...

KR and SHI sign MOU to jointly develop 3-Cargo-Tank 174K LNG Carrier

OSLO : KR (Korean Register) signed a memorandum of understanding (MOU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo...

Sinokor expands crude oil transport, plans to sell half of bulk carrier fleet

SEOUL : The domestic shipping giant Sinokor Merchant Marine is reportedly pushing for the sale of half of its bulk carrier fleet that it...

Samsara Shipping recognised as ‘Shipping Agency for highest liquid cargo traffic handled at JN Port during 2024-25’

NAVI MUMBAI : Samsara Shipping Private Limited has been awarded by the Jawaharlal Nehru Port Authority (JNPA) as 'Shipping Agency for highest liquid cargo...
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