Celebrating India’s Maritime Heritage : India celebrates 61st National Maritime Day today
NEW DELHI : April 5th is a vital day on the Indian calendar, marking the celebration of National Maritime Day. This annual observance holds profound importance as it commemorates a pivotal moment in our
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 shifting to higher-value-added products. In 2022-23,
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 Uchida served as godmother and christened
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 during a period of high demand,
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 in 25 years, with ten casualties
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 demand following a series of market
ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus Energy
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 main sources of electrical power has
ClassNK facilitates transition to zero-emission with energy efficiency improvement, alternative fuels, onboard CCS
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 and the introduction of the EU