Concordia Damen: Trial run of World’s first new-build hydrogen-powered inland shipping vessel ‘WEVA’ goes well
AMSTERDAM : Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the world’s first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important
Maritime India on the move with govt backing: FM
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Wednesday laid out the government’s plans to “position India as a hub in new and diversified supply and value chains across the Indo-Pacific” with the
Visakhapatnam Port achieves record 50 MMT cargo handling volume in just 228 days
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) on Wednesday said it has set a record by handling 50 Million Metric Tonnes (MMT) of cargo handling in just 228 days in FY24. The port surpassed its
IFSCA seeks nod to permit foreign flag ships to operate from GIFT City
GANDHINAGAR : The International Financial Services Centres Authority (IFSCA) has sought the intervention of the Directorate General of Shipping (D G Shipping) to permit foreign flag ships to operate from the GIFT City, Gujarat
Thailand pitches $28 Billion game-changing Sea Route to link Asia-Pacific with India and Middle East
BANGKOK : Thailand is proposing a groundbreaking multibillion-dollar initiative aimed at significantly reducing shipping times between the Indian and Pacific oceans by circumventing the Malacca Strait, one of the world’s busiest sea routes. Prime
Panama’s drying canal menaces global fuel markets
PANAMA CITY : A vital conduit of global trade is running dry. The Panama Canal is being hobbled by a lack of rainfall, which has dried up a key lake that supplies the artery.
Seaqualize successfully executes first ever offshore transfer lifts on Vineyard Wind 1
UTRECHT : Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting device, the Heave Chief 1100 is
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping as proposed earlier, foreign shipping companies