FSUI and Maritime SheEO Join Forces to Launch ‘Jalpari Initiative’
In a historic move set to reshape the maritime industry, the Forward Seamen’s Union of India (FSUI) and Maritime SheEO have officially signed a Memorandum of Understanding (MoU) to launch the Jalpari Initiative, a bold and transformative program aimed at accelerating women’s participation in India’s maritime sector. The MoU was signed toward dismantling gender barriers…
Eurobulk, Greek Shipping Giant, Slapped with Hefty Fine for Breaching Anti-Pollution Regulations
Pratik Bijlani – Greek shipping company Eurobulk Ltd. has been sentenced for violating the Act to Prevent Pollution from Ships (APPS) and falsifying records, marking the latest development in U.S. efforts to enforce maritime pollution laws. The violations occurred during an April 2023 port call in Corpus Christi, Texas, involving the Liberian-flagged bulk carrier Good…
IMO Launches Comprehensive Strategy to Combat Marine Debris and Curb Greenhouse Gas Emissions from Shipping
Pratik Bijlani – The IMO’s Sub-Committee on Pollution Prevention and Response has made significant strides in advancing global maritime environmental standards during its 12th session in January 2025. A key outcome is the draft 2025 Action Plan to Address Marine Plastic Litter from Ships, which aims to reduce shipping and fishing-related plastic waste, enhance public…
DP World Smashes Container Handling Records in 2024
Posting 8.3% Growth and Solidifying its Position as a Global Logistics Leader DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% year-on-year despite, despite macroeconomic headwinds and concerns over the outlook for global trade. The global logistics business, which now has the capacity to handle more…
JNPA Sets New Benchmark with Unprecedented Growth in Container and Cargo Volumes
Pratik Bijlani – The Jawaharlal Nehru Port Authority (JNPA), widely recognized as India’s best-performing port, continues to excel in its operational performance and trade facilitation. In January 2025, JNPA handled an impressive 635,665 TEUs of containers, reflecting a significant 23.21% increase compared to the same month in 2024. Total cargo throughput for the month also…
A Snapshot of Current Trends and Industry Developments
A year ago, it was highlighted that a relatively stable dry bulk market will prevail, with the Panamax segment standing out after posting a weekly gain of $1,317 and closing at $15,263 per day. The geared tonnage segments displayed a predominantly sideways trend but ended positively, with Supramax rates at $11,711 and Handysize at $10,735…
