The Biden administration on Friday launched a $4 billion effort to electrify U.S. ports and cut heavy duty truck emissions as the government looks to address disproportionate impacts on nearby communities. The U.S. Environmental Protection Agency (EPA)said it was...

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India has launched a direct shipping service between Tuticorin in Tamil Nadu and Maldives as part of efforts to improve connectivity and bilateral trade between the two countries. Minister of State for Ports, Shipping and Waterways Shantanu Thakur flagged off the...

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Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out. Volumes were down by -2.1% between December and February compared with the same period a year earlier,...

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Key bunker hubs such as Singapore and major shipping companies, particularly container lines, globally are embracing biofuel bunkers, with their popularity also reflected in the rising number of Veritas Petroleum Services-inspected marine biofuels samples, a senior...

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Oil producers cartel OPEC‘s share in India’s oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting Countries (OPEC) nations, mainly in the Middle East and...

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The route is likely to unlock tremendous economic potential for the entire Bay of Bengal peninsula, allowing a bridge between South Asia and Southeast Asia regions. Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal is set to receive the first Indian...

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