ONE trials wind propulsion solution

Japanese liner Ocean Network Express (ONE) is trialling wind propulsion with Dutch firm Econowind. The magenta-branded containerline is set to install two containerised wind assist devices, known as VentoFoil containers, on the Kalamazoo, a 1,036 teu feeder vessel operating between Busan, Yokohama, and Honolulu. The trial, scheduled to begin in January 2024 and run for

India expects fuel demand to grow 5.5% in the next fiscal year

India’s fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial activity and mobility in Asia’s third largest economy after months of stagnation. India’s fuel consumption in 2022-23, a proxy for oil demand, could rise to 214.5 million tonnes from the