Transporters fight for higher freight due to surge in fuel rates
NAGPUR : Diesel rates in the city have crossed the Rs 100-mark., fuel outlets opened with petrol costing Rs 111.15 a litre while diesel was Rs 100.34. Diesel
Petronet LNG seeks fresh foray into the petrochemical business
NEW DELHI : Petronet LNG Ltd, India’s largest gas importer, is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical
ClassNK Publishes Guidelines for Ships Using Alternative Fuels
Classification society ClassNK announced on Friday it has released “Guidelines for Ships Using Alternative Fuels”, updated with safety requirements for ships using ammonia as fuel on previously issued
India can save ₹3.11 trillion worth of fuel used in logistics till 2050: report
NEW DELHI : According to the report from Niti Aayog and Rocky Mountain Institute, India can reduce its logistics cost by 4% of the country’s gross domestic product
Iraq Expands Port Infrastructure To Raise Fuel Trade
Iraq plans to complete this year the construction of a new oil pier in its key fuel export and import facility in order to raise trade in refined
Massive Power-to-H2 Plant in Oman May Boost Shipping’s E-Fuel Supply
OMAN : Inter Continental Energy, the developer of the Australian Renewable Energy Hub (AREH) megaproject, has announced a new combined wind and solar plant in Oman. With the backing
CMA CGM Box Ship Sets Loaded Containers Record
SINGAPORE : French shipping company CMA CGM said its 23,000-TEU mega ship CMA CGM Jacques Saade has set a new world record for the highest number of full
Poor quality fuel sees MSC vessel stall in the Pacific
LOS ANGELES : MSC has reported its 13,000TEU container ship MSC Ariane has suffered an engine failure due to poor quality fuel, which has caused the vessel to
NMPT pact with IOCL for bunkering facility
New Mangalore Port Trust on Tuesday signed an agreement with Indian Oil Corporation Ltd to provide bunkering facilities for vessels. Mangalore :A press release by NMPT said that
Tax cuts on fuels can reprieve the road freight segment
Struggling to make a come back after being hit by the pandemic, the road freight segment is now grappling with the ever-increasing high diesel prices. As per reports,