World Shipping Council report: Reduction in containers lost at sea in 2022
WASHINGTON D.C. : In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1% (0.00026%) of the 250 million containers
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was
Sarbananda Sonowal announces ‘Panch Karma Sankalp’ at the end of MoPSW’s Chintan Shibir
MUNNAR : Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Shri Sarbananda Sonowal made FIVE major announcements focusing green shipping and digitisation of the ports at the end of the ministry’s second Chintan
Cochin Shipyard Q4 : Execution challenges, shares tumble 10% on weak performance
KOCHI : Cochin Shipyard’s consolidated revenue declined 50 percent year on year to Rs 600 crore, as it declared losses of Rs 64 crore on an operating level. Net profitability was down 86 percent
Garden Reach Shipbuilders and Engineers launches ‘GAINS 2023’ to leverage India’s start-up ecosystem for ship design
KOLKATA : Garden Reach Shipbuilders and Engineers (GRSE) Ltd, one of India’s premier defence shipyards and a Category 1 Mini Ratna Company, has embarked on a mission to identify and encourage the development of
Shipping lines beat IMO carbon target
TAIPEI : Taiwan’s two largest shipping carriers have reduced their carbon emissions by 40 percent, seven years ahead of a goal set by the International Maritime Organization (IMO), Minister of Transportation and Communications Wang
ChatGPT to Disrupt Maritime IT/OT Security
SAN FRANCISCO : The maritime industry should be concerned by the release of ChatGPT, an AI chatbot. This generative AI tool can be used to accelerate the execution, speed and quality of attacks. It
IMO : Developing port security expertise in Malaysia
PORT KLANG : Planning, conducting and assessing security drills and exercises are crucial to ensure maritime security. An Advanced Drills and Exercises Workshop in Port Klang, Malaysia (15-19 May) has been held under IMO’s Global Maritime Security