India sets sights on green tugs in all major ports by 2025
NEW DELHI : India aims to become a global hub for green shipbuilding by 2030 and is launching a Green Tug Transition Programme as part of the strategy.
Sea Phase of ASEAN-India Maritime Exercise – 2023
NEW DELHI : The inaugural ASEAN India Maritime Exercise (AIME-2023) successfully culminated in the South China Sea on 08 May 2023. Approximately 1400 personnel manning nine ships participated
DNV forecasts oil demand in transport sector to half by 2050
OSLO : Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1%
Baltic index marks first weekly fall in three
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Friday on stronger demand in the capesize segment,
Govt receives 9 EoIs for Rs 41,000 Cr Int’l transshipment port project at Great Nicobar Island
NEW DELHI : The ports ministry has received expressions of interest (EOIs) from nine players for the Rs 41,000 crore international transshipment port project at Great Nicobar Island
NorthStandard announces sponsorship of Seafarers Happiness Index as latest report reveals dip in sat
NEWCASTLE (UK): NorthStandard is pleased to announce its continued sponsorship of Seafarers Happiness Index, an initiative of the Mission to Seafarers, as the latest report highlights a decline
Govt’s expanded specialised vessels list a plus for Cochin Shipyard
KOCHI : Cochin Shipyard Ltd will gain from the government’s decision to expand the list of ‘specialised vessels’ that are eligible for a state-aid introduced in April 2016
Future links between Bangladesh & India to shape by multimodal connectivity
DHAKA : Indian High Commissioner to Bangladesh Pranay Verma said the future links between Bangladesh and India would be shaped by multimodal connectivity, including through road and rail,
Rs 4,000 cr state-aid for shipbuilding go abegging as yards collapse
MUMBAI : A Rs 4,000 crore state aid budgeted by the government for local shipbuilders for a ten-year period starting April 2016, is going abegging after a spate of yard
Scorpio Tankers doubles Q1 revenue
MONACO : Scorpio Tankers announced a strong set of first quarter results, doubling its revenue and returning to profit in the first three months of 2023. Profit of
