IIT Madras revolutionises a new milestone in Maritime and Coastal Technology
CHENNAI : The Indian Institute of Technology Madras (IIT Madras) has launched Asia’s largest Shallow Wave Basin Research Facility, a state-of-the-art technological milestone set to revolutionise coastal and marine engineering research in India. Located at the
Policybazaar for business charts new waters with innovative digital marine and transit insurance platform
MUMBAI : Policybazaar for Business (PBFB), the corporate arm of one of India’s largest insurance marketplace, has introduced Enroute, a platform designed to simplify marine and transit insurance operations. The issuance of certifications and
Wind tech could help decarbonise cargo shipping
Inhabitants of the Marshall Islands—a chain of coral atolls in the center of the Pacific Ocean—rely on sea transportation for almost everything: moving people from one island to another, importing daily necessities from faraway
Indian Ports sector rebounds with 5.3% YoY growth in Dec 2024
NEW DELHI : The Indian Ports sector witnessed a 5.3 per cent year-on-year growth in December 2024, marking a recovery after a two-month decline of 1.8 per cent year-on-year during October and November. This
CJC appoints Kate Law and Neil Jackson as New Directors
LONDON : Campbell Johnston Clark (CJC) has announced that Kate Law and Neil Jackson have become directors in the international maritime law firm with effect from 1 January 2025. Bringing the number of CJC
Baltic Index falls as all vessel segments post declines
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-17-month low on Wednesday, hurt by falling rates across all vessel segments.
Container ship order book hits new record high of 8.3M TEUs
LONDON : At the end of 2024, the container ship order book was 8.3m TEUs, a new record compared with the previous high of 7.8m TEUs in early 2023,” says Niels Rasmussen, Chief Shipping
Sarbananda Sonowal visits DPA Kandla, inaugurates and launches key projects
GANDHIDHAM : Shri Sarbananda Sonowal, Hon’ble Minister for Ports, Shipping & Waterways, visits Deendayal Port Authority, Kandla on 07-01-2025, marking a momentous occasion for the maritime sector in India. The visit underscored DPA’s unwavering