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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
Battery-methanol tug clears sea trials
2026-05-03 · via Business News Today: Latest Business News, Finance News

AYK Energy Ltd, the Andorra-based renewable energy equipment manufacturing company, has completed sea trials for Svitzer Balder, the world’s first battery-methanol harbour tug. Built by Uzmar Shipyard in Türkiye, the vessel sets a new benchmark as the most powerful electric escort tug globally, capable of operating both in harbour environments and near open ocean conditions. Svitzer Balder is now scheduled for delivery to the Port of Gothenburg, in Sweden, where it will perform more than 90 per cent of towing and docking operations in zero-emission mode, using its battery-electric propulsion system, says a company release.

World’s largest yacht waits to set sail

Orient Express Corinthian, the world’s largest sailing yacht, was named on April 29 in Saint-Nazaire. Flying the French flag, the 220-m sailing ship heralds a new era of travel, uniting French decorative craftsmanship with cutting-edge naval innovation. With carbon masts that cant to 70 degrees, the ship can easily clear the world’s great bridges. It will sail from Saint-Nazaire on May 2, bound for the French Riviera, ahead of its inaugural Mediterranean season, according to a media statement.

Crucial IMO meet on emission cuts

The World Shipping Council says the constructive engagement on a global emissions reduction measure at the recent International Maritime Organization Marine Environment Protection Committee (MEPC 84) meeting is encouraging and necessary to deliver on the IMO’s 2023 GHG Strategy. WSC President and CEO Joe Kramek said these are complex and, at times, difficult discussions. But continued engagement from governments is essential to keep progress moving. The liner industry has already invested $150 billion in new dual-fuel ships, which have the potential to abate emissions. But realising these emission reductions depends on agreeing upon an effective global framework, Kramek said.

Published on May 4, 2026