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Lloyd’s Register, Shell and GTT to explore hybrid-electric 200,000m³ LNG carrier concept

The project will explore how hybrid-electric propulsion and GTT NEXT1®cargo containment system technology could support potential improvements in LNG transport efficiency. LONDON: Lloyd’s Register (LR),...

Piyush Goyal emphasises a twin-track approach of global technologies and employment generation

NEW DELHI: Union Minister of Commerce and Industry, Shri Piyush Goyal, emphasised a twin-track approach of engaging with the world’s best technologies and identifying...

Sagar Defence and Lloyd’s Register join forces to advance certification of autonomous maritime systems

The collaboration will help create a practical pathway for the assurance, certification and deployment of autonomous and remotely operated maritime technologies. NEW DELHI: Lloyd’s Register...

Alex Vainokivi appointed Managing Director of SRC Estonia

ESTONIA: Alex Vainokivi has been appointed Managing Director of SRC Estonia, part of SRC Group - an international ship modernisation and conversion group. The...

World Bank raises China 2026 GDP growth forecast to 4.5% on high-tech exports

BEIJING: China’s economic growth forecast for 2026 has been raised, as strong high-tech exports partly offset continued weakness in domestic consumption and investment. AI-related exports...

V.O. Chidambaranar Port Authority pioneers large-scale generative AI Deployment with PortGPT

Chairperson Susanta Kumar Purohit Reviews Implementation and Adoption of AI-Powered Platform to Strengthen Operational Efficiency and Technology-Driven Governance TUTICORIN : V.O. Chidambaranar Port Authority (VOC...

The New Maritime Century: Building Resilient Trade Networks for a Changing World

This press note summarises a discussion between Rizwan Soomar, Chief Executive Officer and Managing Director, DP World – Subcontinent, Central Asia, Levant and Egypt,...

India confident of achieving USD 1 trillion export target, sustaining over 7% growth: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry Shri Piyush Goyal on Thursday said that “India began building bridges when the world was building...

WTO raises merchandise trade growth forecast to 3.9% as AI boom offsets hit from Middle East

GENEVA : The World Trade Organization is sharply increasing its forecast for merchandise trade growth worldwide this year, more than doubling its earlier prediction...

Battery-Powered Ships Sail Past the 2,000-Vessel Milestone

BERGEN: The maritime industry’s decarbonization transition has reached another historic milestone, with the global fleet of battery-powered commercial vessels officially surpassing the 2,000-ship mark. Data...
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