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Crude shipments through Hormuz at highest since war amid concerns over Iran exit demandsCrude shipments through the Strait of Hormuz have surged following a ceasefire deal, reaching their highest levels since the conflict began...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Specialty chemicals: Is China still the same threat, or is this a contrarian moment? 7 stocks to be brought back on the watchlistWhen it comes to the Indian speciality chemicals sector, China and its dumping matters. But there have been subtle but significant changes ...
Elon Musk's SpaceX spends $15 billion in developing next-generation Starship rocket. When will it launch, check featuresSpaceX's $15 billion figure, which has not been previously reported, eclipses the roughly $400 million SpaceX spent developing Falcon 9, th...
SpaceX spending on Starship tops $15 billion in rush for airline-like rocketrySpaceX has poured over $15 billion into its Starship rocket. This next-generation system is key for launching more Starlink satellites and ...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Shipping data shows China trimming fuel exports, not haltingChina is reducing refined fuel exports, not banning them. Shipments to countries like Malaysia and Australia continue. April export cuts ar...
Nigerian airlines threaten to halt flights over soaring jet fuel pricesNigerian airlines are threatening to halt all flight operations from April 20 if jet fuel prices are not reduced. The Airline Operators of ...
Shipowners eye Hormuz ceasefire window for 800 trapped vesselsShipowners are studying the ceasefire terms that may briefly reopen the Strait of Hormuz, hoping to move over 800 vessels stranded in the P...
Oil tankers get 'dirty', ditching fuels for crude as rates boomTanker ships are shifting from carrying refined products to crude oil. This change is driven by increased freight rates for oil transport. ...
After sanctions, oil refiner Nayara's exports find new marketsRussia-backed Nayara Energy has resumed exporting oil products using sanctioned tankers and exploring new markets after EU sanctions. The I...
Indian owners of three ships ask sanctions-hit Nayara Energy to release the vessels, sources sayFollowing EU sanctions, Indian vessel owners Seven Islands Shipping and Great Eastern Shipping Co (GESCO) have requested Nayara Energy to t...
Russia says oil spill 'critical' as Crimea declares emergencyOn Saturday, Russia warned of severe environmental damage from a significant oil spill in the Black Sea after two tankers collided in a sto...
Giant oil tankers find new business after Houthi ship attacksRecent attacks by Yemen's Houthis have prompted oil-hauling supertankers to shift to carrying diesel, impacting global shipping routes.
India's use of crude tankers to export diesel slows in MayIndian refiners reduce diesel shipments to Europe in May due to rising inventories and weak price spreads. April saw high exports, mostly f...
Petrobras loads diesel from Reliance on crude tanker in India after delayThe conversion of a crude oil tanker to carry clean products enabled Petrobras to ship bigger volumes of diesel from Asia at lower costs, w...
Western curbs on Russian oil products redraw global shipping mapAs a result of the European Union ban on Russian fuel that started on February 5, tankers carrying clean oil products such as gasoline, die...
Russia’s Ukraine war turns fuel tankers into hot propertyTrade curbs on Moscow have upended fuel flows, locking up more ships on long-haul routes, while others handle Russian shipments.
Shipping costs soar as Russian fallout upends global fuel flowsThe Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alterna...
GPCB to monitor service stations engaged in tanker cleaning"Moreover, many of the stations have been used by factories and transporters to dispose their chemical waste illegally.