IMO definition of Brazil corn ethanol carbon footprint a landmark step, producers sayThe International Maritime Organization's decision to define Brazilian corn ethanol's carbon footprint at 20.8 grams CO2e per megajoule mar...
18 Jun, 2026, 11.11 AM IST
Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
18 Jun, 2026, 10.51 AM IST
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
17 Jun, 2026, 11.21 AM IST
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
17 Jun, 2026, 10.29 AM IST
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
17 Jun, 2026, 08.46 AM IST
Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FTShipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement ...
16 Jun, 2026, 04.56 PM IST
What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...
16 Jun, 2026, 09.48 AM IST
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outageThe Biden administration opened a probe into Delta following the CrowdStrike computer software outage, after other major carriers were ab...
16 Jun, 2026, 08.57 AM IST
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
15 Jun, 2026, 10.52 PM IST
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
15 Jun, 2026, 11.09 AM IST
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
15 Jun, 2026, 08.11 AM IST
Basmati rice, tea exports to West Asia come to a grinding haltExports of basmati rice and tea to West Asia have stopped due to the US-Iran conflict. Vessels carrying rice are waiting at Kandla Port. Te...
15 Jun, 2026, 01.03 AM IST
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
14 Jun, 2026, 09.42 PM IST
Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
14 Jun, 2026, 05.30 AM IST
CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situationThe head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to o...
10 Jun, 2026, 10.51 AM IST
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
09 Jun, 2026, 09.51 AM IST
Indian crew evacuated after 10 months stranded off IstanbulFour Indian sailors have been rescued after being stranded for ten months on an abandoned ship. The vessel, AZRA C, was left unmanned off I...
08 Jun, 2026, 02.08 PM IST