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SHIPPING INDUSTRY GREEN FUEL
India's first port-based e-Methanol production facility to produce and supply green fuel to shipsA new Rs 2,300 crore e-methanol plant will be established in Kandla to produce green fuel. This plant is a partnership between Deendayal Po...- India's first port-based e-methanol production facility to produce and supply green fuel to shipsPhase I of the project will add 50 tonnes per day of capacity at an investment of Rs 1,200 crore, targeted for completion by January 2027, ...
- Nearly 7 billion litres without a market: Ethanol glut in India fuels search for new buyersIndia’s ethanol industry is deluged with severe oversupply, with nearly 7 billion litres of capacity without a clear market. Installed capa...
- India to set up first port-based e-methanol facility at Kandla for Rs 2,300 crIndia’s first port-based e-methanol plant will be built at Kandla with an investment of ₹2,300 crore. The 150-tonne-per-day facility, a joi...
- Paradip Port gets 'Mega Port' status, only one on East CoastParadip Port has been designated as a Mega Port under the Indian Ports Act, 2025. This recognition is a significant milestone for its devel...
- China fuels rush to turn AI video into an industryShenzhen has emerged as a leading hub for AI filmmakers in China, attracting various local governments wanting to establish tech clusters. ...
- Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilitiesOn Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...
- Maruti Suzuki India commissions 300 kW Green Hydrogen (GH2) electrolyzer plantMaruti Suzuki India commissioned a 300 kW Green Hydrogen (GH2) electrolyzer plant, a pilot initiative, at its Manesar Facility. The project...
- Death toll from capsized ship in Indonesia rises to 20 as search continues for 115 missing passengersRescue operations continue for the Virgo Transport 8 ferry that capsized in the Java Sea. Official reports state that the death toll has ri...
- US fuel prices surge ahead of midterm elections 2026; Republican candidates face pressure as voters struggle with rising costsWith midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, ma...
- A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
- 'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...
- Red Sea mission needs more than 10 warships, EU's Kallas saysThe European Union's Red Sea naval mission requires more warships to counter escalating Houthi threats. Currently, six warships are deploye...
- Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
- India, EU discuss implementation of priorities under strategic partnershipIndia and the European Union held discussions on inter-parliamentary cooperation. High-level exchanges and shared priorities under their st...
- World running short of supertankers threatens long-haul oil flowA shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record...
- The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
- Brookfield to invest up to $600 million in ACME’s green molecules businessBrookfield will invest up to $600 million in ACME Cleantech Ventures. This investment supports green molecules projects in India and the Mi...
- Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
- Maersk plans to expand fleet as CEO sees new era for shippingIn light of shifting shipping economics, Maersk is set to expand its container fleet, embracing market volatility as a path to increased pr...
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