MSDC 20th Meeting : Goals, Challenges, and Way Forward
Maritime State Development Council: Striving for a Unified Maritime Vision Amid Challenges Maritime News India : The 20th Maritime State Development Council (MSDC) meeting, set to take place on September 12th and 13th, 2024, at Benaulim, Goa, stands as a…
Maersk and Hapag-Lloyd to Revolutionize Ocean Freight
Two Robust Network Options Promise Industry-Leading Schedule Reliability In a significant move to enhance global shipping reliability, Maersk A/S and Hapag-Lloyd AG have announced the launch of their operational collaboration, the Gemini Cooperation, set to go live in February 2025….
Short and Long Term Threats of Maersk’s SH3 on Global Market
The launch of Maersk’s SH3 service between China and Bangladesh is set to have significant short-term and long-term effects on the global market. While it offers substantial benefits such as enhanced supply chain efficiency, increased capacity, and economic integration, it…
Sonowal Seeks Stakeholder Insights for Inclusive Budget
Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, holds a pre-budget meeting with stakeholders to gather insights for an inclusive budget – Maritime News Challenges Faced by Stakeholders, Proposed Resolutions and Expected Further Steps Infrastructure Development: Challenge: Limited…
Adani Ports Signs 30-Year Concession for CT2 at Dar es Salaam Port
Key Takeaways New Market Entry: Marks Adani Ports’ entry into Tanzania. Capacity: CT2 has a capacity of 1 million TEUs, handling ~83% of Tanzania’s container volume. Strategic Location: Dar es Salaam Port is a gateway port with a well-connected network…
Casualty Investigation Code order by DG Shipping to ensure Justice to Seafarers ?
It may be recalled that Seafarers of India have been turning victim from centuries. The reason is the irregularities by vessels owners, masters, charters, managers, agent Recruitment and Placement Service License ( RPSL ) companies and the lack of interest…
Adani Portfolio Achieves Record EBITDA Growth
Soars 47% YoY in H1FY24, Surpassing INR 43,000 Crore Ahmedabad : Adani Portfolio has unveiled its remarkable financial performance for the first half of fiscal year 2024. It has showcased a robust 47% YoY growth in EBITDA. Reaching a historic…
UNCTAD eWeek 2023: Shaping the Future of the Digital Economy
Over 3,000 participants gather for UNCTAD eWeek 2023 to tackle the challenge of harnessing digitalization for shared development. The week-long event focuses on AI, data governance, digital inclusion, and more. Geneva, Switzerland : UNCTAD eWeek 2023 kicked off today, gathering…
India’s First ASTDS-Compliant Tug Delivered by Cochin Shipyard Limited to Adani Group
The yard is currently constructing 70-tonne bollard pull tugs for Polestar Maritime Limited and 3800 TDW Future Proof Dry Cargo Vessels for Wilson ASA, Norway. Cochin : Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has…
Singapore Launches Southeast Asia’s First Electric Lighter Craft
The Hydromover is expected to reduce emissions by up to 95% compared to conventional diesel-powered vessels and to be deployed commercially in Singapore in early 2024. Singapore : Singapore has taken a significant step towards a greener maritime industry with…