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Oil and Natural Gas Corporation (ONGC) produced 1.5 MMT, Oil India Ltd (OIL) produced 0.3 MMT, while fields under production sharing and revenue sharing contracts (PSC/RSC) produced 0.5 MMT during the month.
Resolving any ambiguity about whether Yemen's Houthi rebels may have agreed to a shipping ceasefire, the group announced Monday that it will begin targeting shipowners who serve the port of Haifa, effective immediately.
Russian authorities have released a Greek tanker that they briefly detained off the coast of Estonia on Sunday.
ZIM Integrated Shipping Services Ltd. announced its consolidated results for the three months ended March 31, 2025.
Yesterday, Port of Antwerp-Bruges is launching the Volta 1, Europe’s first fully electric tugboat.
The tanker market showed renewed growth during April, OPEC said in its latest monthly report. Dirty tanker spot freight rates broadly improved m-o-m in April, with VLCC rates supported by expected higher tonnage demand out of the Middle East.
From gcaptain.com
The National Transportation Safety Board (NTSB) has initiated an investigation into the Mexican Navy training vessel Cuauhtémoc’s allision with the Brooklyn Bridge that resulted in two fatalities.
The long-running mystery spill at the Port of San Juan is back, but this time, the Coast Guard has found the culprit and implemented a solution.
From splash247.com
Seaspan has put pen to paper on more containership newbuilds at China’s Hudong-Zhonghua Shipbuilding.
From splash247.com
Korea Marine Transport Co (KMTC) is rejoining the suddenly booming transpacific container trades after a 40-year absence.
From splash247.com
Japan’s Ports and Harbours Bureau at the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has plans to achieve carbon net zero by 2050 at all Japanese ports via a new Carbon Neutral Ports (CNP) initiative backed by a CNP certification process.
From splash247.com
Julian Panter, CEO of SmartSea, writes for Splash today. With recent cyberattacks crippling major retailers and exposing the personal data of millions, cybersecurity is once again front-page news.
The CMA CGM Board has reviewed its Q1 2025 results, reporting robust performance driven by key investments.
From splash247.com
Swiss-based Medlog, a growing inland cargo business of the world’s largest liner, Mediterranean Shipping Co (MSC), has made its entry into Ukrainian logistics.
From splash247.com
UAE-based fabricator Lamprell has signed a memorandum of understanding with Taiwanese owner and operator Dong Fang Offshore for a newbuild wind turbine installation and maintenance vessel.
From gcaptain.com
Norway has launched the first part of its long-awaited inaugural floating wind tender, it said on Monday, offering subsidies to the winners despite the challenges faced by the global offshore wind industry.
Green cost premium for intermediate goods will be less pronounced for consumer goods, says Energy Transitions Commission.
APM Terminals Pecém has announced the renewal of its operating license for an additional 15 years, extending its presence at the Port of Pecém from 2034 to 2049, renewing the company's commitment to the economic and logistical development of the state of Ceará and the broader Northeast region of Brazil.
From gcaptain.com
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
The report, based on the Global Iron and Steel Tracker, shows that India is currently responsible for 352 million tonnes per annum (mtpa) of developing steel capacity. In contrast, China, which led in past decades, accounts for 140 mtpa.
From www.world-grain.com
Tianjin facility expansion addresses global demand for specialty ingredient
From www.world-grain.com
US taking measures to keep the swine virus outside its borders
From www.world-grain.com
Lower farm values, ocean freight rates drove decrease
From www.linkedin.com
It’s a question we hear a lot — and for good reason. For decades, nuclear propulsion has been limited to submarines and naval vessels.
