WP_Post Object ( [ID] => 286257 [post_author] => 4 [post_date] => 2023-02-28 15:27:50 [post_date_gmt] => 2023-02-28 15:27:50 [post_content] => By Sudarshan Varadhan SINGAPORE, Feb 28 (Reuters) – India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world’s third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet. The order also bans acquisition of such vessels that are more than two decades old. Under current guidelines, vessels that are less than 25 years old can be acquired without any technical clearance. “There is a need to modernize the Indian fleet, which requires extensive review of the requirements of the registration and operation of... [post_title] => India Bans Oil Tankers and Bulk Carriers Older than 25 Years [post_excerpt] => By Sudarshan Varadhan SINGAPORE, Feb 28 (Reuters) – India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world’s third-largest greenh... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => india-bans-oil-tankers-and-bulk-carriers-older-than-25-years [to_ping] => [pinged] => [post_modified] => 2023-02-28 15:27:50 [post_modified_gmt] => 2023-02-28 15:27:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=178132 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )