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Industry Updates

Submarine Cables in India: A Maritime Industry Perspective

Submarine cables, critical infrastructure for global communications, are as essential to the maritime industry as they are to modern telecommunications. In India, these cables not only serve as the backbone for internet connectivity but also play a vital role in…

Yacht Safety and Environmental Consortium Launched

The global yacht industry marked a major milestone in its pursuit of safety and sustainability with the formation of the Yacht Safety and Environmental Consortium (YSEC). Leading classification societies—DNV, Lloyd’s Register (LR), RINA, Bureau Veritas (BV), and ABS—came together to…

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…

Challenges for Implementation of Maersk’s SH3 Ocean Service

The implementation of Maersk’s SH3 ocean service between China and Bangladesh will be facing several challenges, spanning operational, market, environmental, social, strategic, and financial aspects. Addressing these challenges requires comprehensive planning, robust infrastructure, strategic market positioning, and proactive stakeholder engagement…

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…

DP World Cochin Gears Up for Mega Ships with new STS Cranes

The arrival of these STS Mega Max cranes signifies more than just an infrastructure upgrade; it’s a testament to DP World Cochin’s vision for the future. Cochin : DP World Cochin, India’s gateway to the south and a leading transshipment…

APSEZ Ties with MSC to increase it’s strength in Southern India

The Adani Ports and Special Economic Zone Ltd (APSEZ) Joint Venture with Mediterranean Shipping Company (MSC) for expansion of Adani Ennore Container Terminal Pvt Ltd (AECTPL) through Terminal Investment Ltd ( TiL ) subsidiary Mundi Ltd. Ahmedabad : The Adani…

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…

Indian Navy receives First Ship of Survey Vessel Sandhayak

First Ship of Survey Vessel (Large) Sandhayak Delivered to Indian Navy are designed and built to conduct hydrographic surveys, collect oceanographic data, and provide limited defense and hospital support during emergencies. Kolkata, India – On December 4, 2023, the first…

India Retains Position on IMO Council

The re-election of India in International Maritime Organisation Council serves as a catalyst for India to further enhance its maritime expertise and capabilities In a resounding affirmation of India’s growing maritime stature, the nation has been re-elected to the International…