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TANKER FLEET UTILIZATION
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...
Iran War Day 42 Updates: Mojtaba Khamenei vows restraint; Trump issues a warning on Hormuz as Israel expands Lebanon frontOn Day 41, a fragile US-Iran ceasefire faces strain as Israel intensifies operations in Lebanon, issuing an evacuation order for Beirut's s...
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...
GRSE delivers 140-ft modular steel bridge in seven days to ease Kolkata trafficGarden Reach Shipbuilders & Engineers Ltd. has constructed a 140-foot double-lane modular steel bridge in Kolkata. This advanced bridge was...
Oil tanker rates to stay strong into 2026 as sanctions remove ships for hireDaily oil shipping rates have surged to three-year highs, driven by strong demand and a shrinking supply of available vessels. Nearly 44% o...
Mazagon Dock to acquire controlling stake in Sri Lanka’s Colombo DockyardThe Mazagon Dock Shipbuilders Limited (MDL), India's Public Sector Shipyard, has announced a "proposed acquisition" of a controlling stake ...
Delhi government's dust pollution mitigation project to cost over Rs 2,000 croreThe Delhi government has approved a Rs 2,388 crore project to combat road dust pollution over the next decade. The initiative involves hiri...
Unsung heroes of Los Angeles wildfires: The Super Scooper planes that are being used to douse the flamesAs the wildfires eventually resulted in a huge destruction in the Los Angeles, at the same time, there were some specific kind of planes wh...
GAIL hires LNG ship from CoolCoGAIL (India) Ltd has contracted a newbuild LNG carrier from NYSE-listed Cool Company for 14 years, enhancing its transportation capacity to...
Russian oil to India may be hit by OPEC and drive for higher pricesSBI and Bank of Baroda informed refiners they will not handle payments for oil bought above the limit, said a refinery executive involved i...
China’s reopening puts the wind in GE Shipping’s sailsAccording to Vortexa, a global water-borne oil and gas flow data and analytics company, 1.2 billion barrels of crude oil were on the water ...
Euronav and Frontline sign $4.2bn deal to create the largest fleet of oil tankersA merger of Frontline and Euronav, two of the biggest independent operators of crude oil tankers in the world, will result in the world's l...
Cash crunch forces military to take equipment on leaseThe maritime force also recently issued a request for information (RFI) to foreign companies for the lease of 24 twin-engine armed light ut...
Oil tanker owners are scrapping the most ships in decadesWhile the demolition surge reflects the worst charter rates for owners in decades, scrapping often helps set the stage for market recoverie...
US, India, Japan kick-off joint naval exercise 'Malabar'This trilateral naval exercise will conducted from June 10 to June 17, 2016 with the harbour phase at Sasebo from 10 to 13 June 16 and the ...
India, Singapore kick off major naval exercise in South China SeaThis year's edition of SIMBEX, the 24th such bilateral combat exercise, is aimed at further increasing interoperability between the two nav...
Bulk users hit pumps for cheaper diesel after an unprecedented price hikeFor the biggest diesel guzzlers, booking tankers directly from oilcos no longer makes business sense. For many, it's time to jump to the pu...
- Navy to induct 49 ships in next 5 years: Vice Admiral Chopra
Addressing a press conference on board INS Shakti, a fleet tanker of the Indian Navy here today, Chopra said that the navy presently has 13...
- Aero India 2011: Global defence majors eyeing big deals from Indian armed forces
Defence Minister A K Antony will formally inaugurate Aero India 2011, a biennial event, on Wednesday at the Air Force Station, Yelahanka.
- Stocks to watch: Reliance Industries,Spicejet,Bombay Dyeing,DLF,Cairn India,Century Textiles,Power Grid Corporation
Reliance Industries posted net profit of Rs 4,851 crore for the quarter ended June, 32.3 per cent jump from Rs 3,666 crore in the same quar...