India has set a target of $12 billion Marine exports in the next 2 years
NEW DELHI : The Government of India aims to increase its marine product exports to $12 billion in the next two years by increasing its processing capacity and
Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
Hualien Port operations suspended after Taiwan Earthquake
TAIWAN : On Wednesday at 07:58 hours, a 7.2 magnitude earthquake struck near Hualien, Taiwan, with the epicentre 15.5 kilometers from the county. This is Taiwan’s largest earthquake
Demand shocks drive ship recycling to lowest level in 20 years : BIMCO
COPENHAGEN : “Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong
ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus
TOKYO : ClassNK has issued a type approval certificate*1 for the lithium-ion storage battery system “ORCA Energy” developed by Corvus Energy. Recently, the utilization of lithium-ion storage batteries as ship’s
ClassNK facilitates transition to zero-emission with energy efficiency improvement, alternative fuel
TOKYO : ClassNK has extended its services to support concrete actions by customers towards a smooth transition to shipping zero-emission. With the revision of IMO’s GHG emissions reduction targets
VIKING puts professional-grade firefighting expertise to work on seafarer safety
BASEL : VIKING Life-saving Equipment has drawn on its experience as a leading supplier of professional-grade structural firefighting equipment to ensure that seafarers can have the same level
VAdm Mark Hammond, Chief of Royal Australian Navy visits India
NEW DELHI : During his official visit to India, VAdm Mark Hammond, Chief of Royal Australian Navy, interacted with Adm R Hari Kumar, Chief of the Naval Staff,
Baltimore bridge: Alternative route to open for shipping
BALTIMORE : A temporary route for ships has opened near the collapsed Baltimore bridge, as part of what officials call an “enormous” recovery effort. Six people died after