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New study reveals Korean and Chinese financiers and major European banks could be most exposed to climate risks in shipping

LONDON: A substantial portion of ship financing is tied to fossil fuel carriers that face risks of stranding in the global shift to a...

NorthStandard appoints new Head of Asia Pacific to drive strategy for growth

LONDON: NorthStandard has announced Michael Hustler as its new Head of Asia Pacific, in an appointment which reinforces the global marine insurer’s focus on...

ClassNK to class Japan’s first hydrogen fueled tugboat TEN-OH built by TSUNEISHI

TOKYO: ClassNK has added Japan's first hydrogen-fueled tugboat TEN-OH to its register, which is built by TSUNEISHI SHIPBUILDING Co., Ltd. This vessel was developed and...

India Maritime Week 2025: Empowering the Next Generation Through Unmatched Educational Opportunities

MUMBAI: India Maritime Week (IMW) 2025, India’s premier international maritime event is set to play a transformative role in shaping the professional journeys of...

PSA Mumbai welcomes Largest Container Ship call with arrival of MSC MICOL

MUMBAI: In a landmark achievement, PSA Mumbai successfully handled the MSC MICOL, the largest container vessel ever to call at PSA Mumbai and the...

IMO net-zero shipping talks to resume in 2026

LONDON: IMO’s Marine Environment Protection Committee votes to adjourn discussions on the Net-Zero Framework for one year. The International Maritime Organization (IMO) has agreed to...

International Chamber of Shipping disappointed that Member States have not been able to agree

LONDON : The International Chamber of Shipping (ICS) comments following the conclusion of the International Maritime Organization’s (IMO) Extraordinary Session of Marine Environment Protection...

100th NPG Meeting under PM GatiShakti evaluates key Infrastructure projects

The 100th Meeting of the Network Planning Group (NPG), convened on Friday to evaluate infrastructure projects of Road, Transport & Highways. The meeting focused...

DP World and Women Entrepreneurship Platform -NITI Aayog Partners on ‘We Rise’ Initiative to empower Women Entrepreneurs

NEW DELHI : DP World and Women Entrepreneurship Platform (WEP), on Friday announced a joint initiative ‘We Rise -Women Entrepreneurs Reimagining Inclusive and Sustainable...

US fails to block world’s first global carbon price, but adoption delayed

LONDON: The IMO agreed to delay the planned adoption of the Net-Zero Framework for one year in a vote this Friday due to delay tactics and...

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