Three quarters of businesses worldwide are overhauling their supply chains by working with more rather than fewer suppliers to mitigate risks in an increasingly fragmented global environment. Research unveiled by Economist Impact and DP World at the World Economic Forum highlights this strategic pivot, driven by geopolitical uncertainty which is likely to grow with the…
On 23rd January, Ocean Network Express (ONE) celebrated a historic milestone with the arrival of their first magenta ONE vessel, ONE Responsibility, in West Africa. This call at Meridian Port Services (MPS), Tema, marks a significant development for both Ghana’s trade services as well as ONE’s growing connections in West Africa and globally. The 2024-built,…
Pratik Bijlani – In 2024, the Port of Long Beach has shattered its previous container volume records, with an impressive 9.6 million twenty-foot equivalent units (TEU) handled, surpassing the pandemic-driven record set in 2021. This achievement comes after six consecutive months of record-breaking cargo volumes, with November marking the busiest month in the port’s history.…
Pratik Bijlani – The maritime industry witnessed an alarming rise in seafarer abandonment cases in 2024, with 310 incidents recorded globally—an unprecedented 118% increase compared to 2023. This surge, the highest in two decades, has left over 3,000 seafarers stranded without pay, provisions, or a means to return home. Indian seafarers have been disproportionately affected,…
Pratik Bijlani – India and Indonesia have reinforced their strategic partnership by advancing maritime and defence cooperation through critical agreements and collaborative initiatives. During Indonesian President Prabowo Subianto’s recent visit to New Delhi, the two nations finalized the Defence Cooperation Agreement (DCA) and agreed to enhance cadet exchanges between their naval academies, reflecting a shared…
Leading bunker trading firm, Glander International Bunkering, has introduced a tool to help users calculate key data for compliance with FuelEU Maritime, which came into effect on January 1. FuelEU Maritime aims to reduce carbon emissions in the shipping sector by incentivizing the use of alternative fuels and imposing penalties for non-compliance. With the new…
Dr Radhika Vakharia – On January 22, the Directorate General of Shipping (DG Shipping) and Sailors’ Society UK signed a Memorandum of Understanding (MOU) aimed at strengthening welfare services for the maritime sector in India. This MOU marks a significant step forward in supporting the health, well-being, and safety of seafarers, reflecting a long-term commitment…
Mr TK Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways, visited the Alang ship recycling yards in Gujarat, highlighting the government’s commitment to promoting the industry’s growth and development. Alang, one of the world’s largest and busiest ship recycling destinations, has been a significant contributor to India’s economy, providing employment opportunities and driving…
Pratik Bijlani – On January 22, the Indian Register of Shipping (IRClass) marked a significant milestone—its 50th anniversary—with a grand celebration held at The Westin Hotel in Mumbai. The event, part of IRClass’s year-long Golden Jubilee celebrations, was attended by prominent figures from the maritime industry, including government officials and corporate leaders. The celebration not…
