India becomes largest supplier of refined fuels to Europe

India has become Europe’s largest supplier of refined fuels this month while simultaneously buying record amounts of Russian crude, according to data from analytics firm Kpler. Europe’s reliance on Indian crude oil products has grown since the ban on Russian oil. Europe’s refined fuel imports from India are set to surge above 360,000 barrels a

India supplies green ships to EU and US

India has now started supplying indigenously built “green ships” to shipbuilding nations like Norway, the US, and Germany, boosting its aim to emerge as a global shipping hub. This move has come through amid a global environmental focus on the entire shipping industry. While vessels are responsible for ferrying the majority of goods all over

Axiom Global wins IOC award

Axiom Global, a bunker supply and oil trading company has won the Indian Oil Corporation (IOCL) award for the Highest Bunker Volume in 2022 at the Institutional Business Customers Meet at IOCL in Haldia, India. “Since the inception of the company in 2019, we have been working very closely with IOCL and have strived hard

Wärtsilä to collaborate with MPA in maritime decarbonisation

Technology group Wärtsilä and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) aimed at collaborating in mutually beneficial areas to enable the introduction of next generation renewable fuels, optimise digital port operations, and develop future talent. Under the MoU, signed in April, MPA and Wärtsilä will explore renewable

Class societies and MPA agreed to resolve maritime decarbonization

The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a letter of intent (LOI) to collaborate in the areas of maritime digitalization and decarbonization. Under the LOI, MPA and the eight classification societies will strive to collaborate in areas such as smart and autonomous shipping, cyber security, electrification, and

India sets targets to reach green power capacity

The decision of the government to add 50 GW of RE capacity each year from hereon is significant as well as challenging because until now, the country has managed to add only a maximum of about 15 GW annually. India has set an ambitious target of having 500 GW of renewable energy capacity by 2030,

MG Motor launches Comet EV in India

British car manufacturer MG Motor India unveiled its smart electric vehicle – Comet EV, at a starting price of Rs 7,98,000, which offers a certified battery range of around 230 km on a single charge. According to the company, the new Comet EV has been evaluated to provide an encouraging and economical charging cost of

CSA advances to build next-generation logistics ecosystem

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime, has formalised the addition of 11 new members at Singapore Maritime Week 2023’s MarineTech Conference, graced by Guest of Honour Mr Chee Hong Tat, Senior Minister of State, Ministry of Finance & Ministry of Transport. The contributions from the new members will

India to make 121 airports carbon neutral: Scindia

Twenty-five airports in the country are using 100 per cent green energy, while another 121 airports will be made carbon neutral by 2025, Union Aviation Minister Jyotiraditya Scindia announced. Scindia made the comments in his virtual address at the two-day EU-India aviation summit. The summit will focus on EU-India air transport relations and the mutually

Jeena & Company celebrates Earth Day by helping save over 700 trees

Jeena and Company, a global leader in freight forwarding and supply chain solutions, on Earth Day 2023 announced its long-term commitments towards achieving a sustainable future for the logistics industry. The company has adopted sustainability as a core initiative this year across service verticals, business operations, internal communication as well as partner services. Over the