TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of 2025. This represents a 36.4% or $5.7 billion decrease over
DUBLIN : The Smart Maritime Council has released Version 2.0 of its Standardised Vessel Dataset (SVD), adding support for emissions reporting following the inclusion of new data fields within the IMO Compendium on Facilitation
MUMBAI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, emphasised the essential role of private sector participation in strengthening India’s ports to realise the vision of Amrit Kaal Vision 2047. Addressing
NEW DELHI : The maritime sector is a cornerstone of India’s economy, with an extensive 11,000-kilometer coastline, 12 major ports, and over 200 minor ports strategically positioned to facilitate global trade. Handling 95% of
DEHRADUN : In a landmark move, Mrs. Shashi Tripathi, President, Navy Welfare & Wellness Association (NWWA), along with Cmde SM Urooj Athar, Cmde (Naval Education), and Mr. Manish Madaan, Registrar UPES, Dehradun signed a
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”), The leading provider of maritime and logistics solutions in the region, has signed a strategic Memorandum of Understanding (MoU) with Fincantieri, one of the world’s largest high-complexity shipbuilding
SINGAPORE : The fast-changing geopolitical landscape is creating new risks and challenges for a shipping industry already juggling the energy transition and the legacy of the Covid-19 pandemic, according to Allianz Commercial’s Safety and
OSLO : Marlink, a leader in managed services for business-critical IT solutions is supporting Simon Møkster Shipping with flexible allocation of Starlink LEO bandwidth across its fleet. The pooled bandwidth model enables Simon Møkster
HELSINKI : The passenger ferry M/S Suomenlinna II has become the first ship to be retrofitted with ABB’s new-generation ACS880LC drive. The new-generation drive technology will significantly enhance vessel efficiency and help to secure
BHUJ : In a landmark moment for India’s maritime sector, Shri Narendra Modi, Hon’ble Prime Minister, virtually inaugurated and laid the foundation stone for several transformational projects of Deendayal Port Authority (DPA), Kandla, worth