Baltic Exchange Capesize 182 Index Route Description Value Change C8_182 182000mt Gib/Hamburg transatlantic RV 15,721 + 200C9_182 182000mt Cont-Med trip China-Japan 39,469 + 94C10_182 182000mt China-Japan transpacific RV 15,105 – 222C14_182 182000mt China-Brazil round voyage 17,840 – 15 C16_182 182000mt Backhaul 1,844 0 C5TC 182 Weighted Timecharter Average 17,269 – 40 Baltic Exchange Index –…
A significant milestone was achieved at the NUSI Offshore Training Institute as the first batch of Marine Fitters and Pump Men trainees successfully completed their initial phase of training. This joint initiative by the National Union of Seafarers of India (NUSI) and the Foreign Owners Representatives and Ship Managers Association (FOSMA) aims to address the…
The Indian Administrative Service (I.A.S.) is often regarded as the backbone of India’s bureaucratic framework. However, its overarching influence across various sectors has also led to resistance against the creation of specialized services, such as the Indian Maritime Service (I.M.S.). The establishment of the I.M.S. is crucial for India’s maritime governance, yet it faces significant…
Indian Register of Shipping (IRS) is pleased to announce the relocation of its Kakinada Site Office to a new and improved facility. This move forms part of IRS’s ongoing efforts to enhance its presence in the region and offer superior services to the local maritime community. The inauguration ceremony of the new office was marked…
The Foreign Owners Representatives and Ship Managers Association (FOSMA) has taken a ground-breaking step in maritime education by adopting the Continual Assessment, Development, and Certification of Faculty (CADCF) framework across its training institutes in Noida and Kolkata. Developed by the ISF Group, CADCF is a credible and pioneering standard in the Indian maritime sector, focusing…
Pratik Bijlani – The Mumbai Port Authority inaugurated the state-of-the-art Mumbai International Cruise Terminal (MICT) on April 21st at Ballard Pier, Mumbai, marking a significant milestone in India’s maritime development. Built at a cost of ₹556 crore, the terminal is designed to handle 500 cruise ships and up to one million passengers annually. Its sprawling…
The Institute of Marine Engineers (India) (IMEI), in collaboration with the Methanol Institute (MI), successfully hosted a seminar titled “Methanol as a Marine Fuel: Pathways to Decarbonization” at IMEI House, Navi Mumbai on March 27th. The event brought together maritime professionals, government representatives, classification societies, and technical experts to explore methanol’s growing role in sustainable…
Jagdamba Prasad Pandey – The AAROHAN International Maritime Conference, organised by Integrated Maritime Exchange (IME), brought together industry leaders, policymakers, and innovators to discuss the impact of AI, investment in maritime start-ups, and the future of commercial shipping. Held in Dehradun on March 22, the conference aimed to bridge the gap between industry, academia, and…
On April 7, the International Transport Workers’ Federation (ITF), in collaboration with Swastha and Synergy Maritime, hosted a pivotal seminar titled “Bridging the Gap: Mental Health & Maritime Policies” at the Maritime Training Institute (MTI) in Mumbai. This seminar marked a significant step in addressing mental health challenges faced by seafarers and integrating these concerns…
