During the first seven months of 2024, Indian ports experienced a significant 64% year-on-year (YoY) increase in bunkering and ship-to-ship (STS) calls, as reported by S&P Global Commodity Insights. Bunkering, the process of supplying fuel to ships, saw a notable rise due to various global and regional factors influencing maritime routes and fuel demand. One … Continue reading Indian ports make bunkering activity gains amid Red Sea crisis