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DUAL FUEL VESSELS
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...- Swan Defence shares hit 5% upper circuit after bagging India’s first ammonia bulk carrier order worth Rs 1,500-3,000 croreSwan Defence and Heavy Industries secured a significant order to build four 92,500 DWT dual-fuel ammonia bulk carriers, a first for India. ...
- The next oil shock is coming, and it won’t come from HormuzA second major shock to the global economy is emerging as the ongoing disruption in the Strait of Hormuz is now compounded by the risk of H...
- Global shipping industry sticks with green investments, despite carbon price delayGlobal shipping giants are investing billions in cleaner technologies. Despite a delay in a worldwide carbon price, companies are moving fo...
- Swan Defence & Heavy Industries bag chemical tanker deal worth $227 millionSwan Defence And Heavy Industries secured a significant $227 million contract for six chemical tankers from European shipowner Rederiet Ste...
- Maritime Week 2025: ₹12 lakh cr investments pledged, 20% for shipbuildingIndia Maritime Week 2025 has secured investment pledges totaling ₹12 lakh crore. A significant portion, nearly 20%, is earmarked for shipbu...
- 90-day heart transformation with 'no extreme diets': Cardiologist shares 5 simple ways to boost cardiac health naturallyDr Sanjay Bhojraj outlines five key steps to improve heart health within 90 days. These include tackling silent inflammation with black see...
- Royal Caribbean’s futuristic massive LNG cruise ship just set sail, and it’s a total game-changerRoyal Caribbean International has officially launched its newest mega cruise ship, Legend of the Seas, at Meyer Turku’s Finnish shipyard on...
- Maersk changes its tune on LNG with big ship orderThe order is for a mix of owned and chartered dual-fuel vessels totalling 800,000 twenty-foot equivalent units — a measure of how much carg...
- Maersk Q2 Results: Profit drops 45% to $833 million over disruptions in global supply chainsThe Red Sea crisis has led to increased operating costs for Maersk, it said, necessitating rerouted shipping lanes that have impacted the c...
- Shipping is a dirty business. Cleaning it up is lucrativeHD Hyundai Marine's successful IPO attracted investors' attention by doubling stock value. It aims to provide eco-friendly solutions and ex...
- Maersk to deploy first large methanol-enabled vessel on Asia-Europe trade laneThe container vessel built by Hyundai Heavy Industries (HHI) in South Korea has a nominal capacity of 16,000 containers (TEU).
- Shippers bet on green methanol to cut emissions, supply lagsMaersk said methanol-powered ships with dual-fuel options cost about 10%-12% more than conventional ships, but the price difference should ...
- A.P. Moller - Maersk pushes green transformation with six additional container vesselsMaersk has set a net-zero emissions target for 2040 across the entire business and has also set tangible near-term targets for 2030 to ensu...
- Sri Lanka allows controversial Chinese ship Yuan Wang 5 to visit port despite India's concernsNew Delhi is suspicious of Beijing's increasing presence in the Indian Ocean and influence in Sri Lanka, seeing both as being firmly within...
- Sarbananda Sonowal reviews progress of green initiatives undertaken for the development of Green Ports & Green Shipping in IndiaSonowal chaired a meeting with all major ports, CSL and IWAI to review the progress on various green initiatives being implemented, as per ...
- Maersk’s green shipping plan runs up against scarce cooking oilMaersk consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in the world in one day.
- IIT-Madras develops stealth shipsThe bio-inspired propulsion systems can be used in ships remotely , underwater and in aerial vehicles as well.
- Government may stop charging market rates for bulk diesel purchaseState governments are putting pressure on the Centre to reverse the decision as the move is adversely affecting their transport companies
- Fall in Baltic Dry Index raises concerns among shipping companiesBaltic Dry Index plunged to its lowest level after it touched 647 pts, nearly 20 pts lower than the previous low of 663 recorded during 200...
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