Strategic partnership between NeugenAI and Blue Water Trade Winds
DEHRADUN : Blue Water is thrilled to announce a strategic partnership with NeugenAI Labs, aimed at driving transformative advancements in the maritime industry through cutting-edge AI solutions. Combining Blue Water’s extensive industry expertise with
LR and Hyundai Heavy Industries get AiP for the new Ammonia dual-fuel container ship
LONDON : Lloyd’s Register (LR) and HD Hyundai Heavy Industries (HHI) have signed a joint development project (JDP) for approval in principle (AiP) for a 15,300 TEU Class ammonia powered dual-fuel container ship. As
Start-up SeaO₂ secures €2+ million investment to extract 1 gigaton of CO₂ out of the sea by 2045
AMSTERDAM : Dutch startup SeaO₂, specialising in innovative carbon (CO₂) removal technology from seawater, announces receiving €2+ million in new investments. Utilising its breakthrough Direct Ocean Capture (DOC) technology, which efficiently extracts CO₂ from
India and Sri Lanka to conduct joint study on marine resources in Palk Strait strip
COLOMBO : India and Sri Lanka agreeing for a joint research study in the narrow strip of Palk Strait that divides the two nations to protect the marine resources and biodiversity amidst ongoing illegal bottom
US sanctions 15 Indian entities among 275 for supporting Russia’s military-industrial base
WASHINGTON : The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base. Companies from China, Switzerland, Thailand, and Turkiye have also been slapped with
Xeneta reports the year ‘2025’ as another challenging year for container shipping
OSLO : Xeneta reported about the next year 2025 may be be another challenging year in ocean container shipping. “If 2024 has been defined by conflict in the Red Sea, the outlook for 2025
Bahri posts solid growth in first 9 months; net profit up 40%
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, announced its financial results for the third quarter and the first nine months of 2024, reporting strong
Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The