The storm brewing in the shipping industry

The storm brewing in the shipping industry

October 2019, Vol. 1, Issue. 1


The regulation capping sulphur content in marine fuels to 0.5% by International Maritime Organization (IMO) from Jan 2020 is a welcome change from an environmental perspective but it has significant implications elsewhere. Though the ship owners and refiners will be directly impacted, its reverberating effects will be felt across the world in manufacturing and trade encompassing the entire global economy and ultimately the end consumer.

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Dawn of EVs in ICE age

Dawn of EVs in ICE age

November 2019, Vol. 1, Issue 2


The way people and goods move is set to change dramatically over the next two decades, driven by a combination of technology, economics, policy, demographics and change in consumer preferences. Electric vehicles were introduced long back, until the innovations in ICE (Internal Combustion Engine) technology gradually replaced them and created the current automotive industry, which is one of the largest industries in the world with vehicles alone contributing 3.5% of global GDP and 7% of India's GDP.

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Are Petrochemicals the Answer to the Woes of the Refiners?

Are Petrochemicals the Answer to the Woes of the Refiners?

January 2020, Vol. 1, Issue. 3


According to Herodotus (an ancient Greek historian), more than 4000 years ago natural asphalt, also known as bitumen was employed in the construction of walls and towers of Babylon. References of usage of oil is found across numerous ancient scripts across the last 2 millennia. The ancient Chinese writing of Yi Jing cites that petroleum was used in China as early as first century BC (over 2000 years ago) and the earliest known oil wells were drilled in China in 347 AD. Distillation of petroleum is detailed by Arabic and Persian chemists in the 9th century. 

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