India wants to renegotiate the long-term contract price of LNG it buys from Qatar, according to Oil Minister Dharmendra Pradhan. Currently, India imports 8.5 million tonnes of LNG annually under long-term supply deals with Qatar.
The Government of India focuses on the importance of women seafarers, highlighting that for the time being there are few Indian women on ships, and calling for additional women participation in the industry by launching guidelines.
The Government of India informed that the “Recycling of Ships” Bill has become an Act, with the government setting specific international standards and implementing a statutory mechanism for enforcement of such standards.
Despite the fact that certain ports in India have experienced lack of low-sulphur compliant fuel oil, India’s oil industry in general is estimated to grow during 2020. According to Wood Mackenzie, due to the increased demand of India’s oil products by about 220 kb/d, India will face a beneficial year.
The Indian Union Cabinet approved the Model Memorandum of Understanding (MoU) for unilateral/bilateral recognition of Certificates, pursuant to Regulation 1/10 of International Convention on Standards of Training, Certification and Watchkeeping (STCW) for Seafarers.
Following the Phase 1 trade deal with China, U.S. President Donald Trump announced that will shift his attention to Europe, post-Brexit Britain and India. Namely, Trump informed that will force new tariffs, shaking up relations with the above-mentioned major U.S. trading partners.
Following the official implementation of the 2020 sulphur cap, Standard Club received reports that certain ports in India have experienced lack of low-sulphur compliant fuel oil, which may halt ship operations on east coast of India.
In line with the requirements of Shipping Order No 5-2019 all ships trading in Indian waters, ports or places need to be provided with a Ship Execution Plan regarding the use of Single Use Plastics onboard. Scope of the Plan is to provide guidance for the actions to be taken in order to comply with the requirement.
The Director General of Shipping in India issued an addendum on the regulation of banning single-use plastic in Indian waters, providing details concerning a delayed timetable for the introduction of the ban on plastics.
APM Terminals announced that its Mumbai terminal handled more than 2 million TEUs throughput for the second consecutive year in 2019. Commissioned in 2006, the terminal remains the only Indian container terminal to have achieved this record in a calendar year.
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