Successful Trial Run for Empty Wagon on Hubballi Rail Track
RAILWAYS & METRO RAIL

Successful Trial Run for Empty Wagon on Hubballi Rail Track

India's bunkering activity has surged by 64% in 2024, reflecting a significant rise in maritime fuel demand due to global shipping disruptions. This dramatic increase underscores India's growing role in the international maritime fuel market.

The boost in bunkering is a direct response to ongoing global shipping challenges, including route disruptions and supply chain issues, which have heightened the need for reliable fuel sources. India's strategic location and enhanced port facilities have positioned it as a critical player in meeting the global demand for maritime fuel.

This growth highlights India's expanding influence in the global maritime sector and suggests a strengthening of its infrastructure and services to support increased shipping activities. The rise in bunkering is expected to positively impact India?s economy, with potential boosts in port revenues and further investments in maritime infrastructure.

Overall, India's significant increase in bunkering activity not only reflects its vital role in the global shipping industry but also signals a robust response to the evolving dynamics of global maritime fuel demands.

India's bunkering activity has surged by 64% in 2024, reflecting a significant rise in maritime fuel demand due to global shipping disruptions. This dramatic increase underscores India's growing role in the international maritime fuel market. The boost in bunkering is a direct response to ongoing global shipping challenges, including route disruptions and supply chain issues, which have heightened the need for reliable fuel sources. India's strategic location and enhanced port facilities have positioned it as a critical player in meeting the global demand for maritime fuel. This growth highlights India's expanding influence in the global maritime sector and suggests a strengthening of its infrastructure and services to support increased shipping activities. The rise in bunkering is expected to positively impact India?s economy, with potential boosts in port revenues and further investments in maritime infrastructure. Overall, India's significant increase in bunkering activity not only reflects its vital role in the global shipping industry but also signals a robust response to the evolving dynamics of global maritime fuel demands.

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?