May 9, 2026
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India could export Ammunitions of over Rs 60,000 Cr: P Upadhyay, DG, Naval Armament

May 10, 2024 EXPORT, Business, Defence, Shipping, Trending News
NEW DELHI : The government implemented many policy reforms and put 4,250 items on the positive indigenisation list to promote indigenous production which could lead to the ammunition export of Rs 60,000 to 70,000

AMSA bans Indian-flagged bulk carrier ‘Darya Shaan’ for 180-days

May 10, 2024 International Shipping, Maritime, Trending News
MELBOURNE : The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban to the Indian-flagged bulk carrier Darya Shaan, after its operator took repeated risks with the safety of the crew, vessel and Australian

GCMD and NYK Line team up to address concerns of long-term, continuous biofuels use on vessel operations

May 10, 2024 International Shipping, Maritime, Shipping Line, Trending News
SINGAPORE/TOKYO : The Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial

Indian Coast Guard inks MoU with private sector for indigenous marine grade steel to enhance indigenous content in shipbuilding

May 9, 2024 Ship Building, Coastal Shipping, Trending News
NEW DELHI : Indian Coast Guard (ICG) and Jindal Steel & Power (JSP), on May 07, 2024, signed a Memorandum of Understanding (MoU) here for the supply of indigenous marine grade steel to enhance

Container ship deliveries hit new YTD record of 1m TEU : BIMCO

May 9, 2024 Container, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already

ClassNK releases report ‘ClassNK Alternative Fuels Insight‘

May 9, 2024 International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has released the report ‘ClassNK Alternative Fuels Insight,’ which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection. Amidst the pressing need for society-wide

Vadhavan Port: Japan International Cooperation Agency expresses interest in funding Rs 76,000 Crore Project near Mumbai

May 8, 2024 Maritime, Ports, Shipping, Trade, Trending News
MUMBAI : The Japan International Cooperation Agency (JICA) has initiated discussions with the Jawaharlal Nehru Port Authority (JNPA) regarding financing for the ambitious mega port project proposed at Vadhavan in Maharashtra. This marks the

Hapag-Lloyd and Maersk navigate shipping struggles amid Red Sea hazards

May 8, 2024 International Shipping, Maritime, Shipping Line, Trending News
HAMBURG : German container shipping company Hapag-Lloyd reiterated its cautious approach to maritime routes, announcing on Monday that it continues to steer clear of the Red Sea and the Gulf of Aden due to

Maersk sees Red Sea conflict absorbing up to 20% ship capacity

May 8, 2024 International Shipping, Maritime, Shipping Line, Trending News
COPENHAGEN : A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea. The effects

IRClass Systems and Solutions Pvt Ltd launches a suite of sustainability services

May 8, 2024 Shipping, Maritime, Trending News
MUMBAI : IRClass Systems and Solutions Pvt Ltd (ISSPL), through its division – Indian Register Quality Systems, a leading provider of management systems certification services, has announced the introduction of a pioneering initiative aimed
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