Planned Succession Positions Diversified Conglomerate for Continued Growth Dr Harry S Banga to continue leading the Group as Founder and Executive Chairman The Caravel Group announced the appointment of Mr Angad Banga JP, as Group Chief Executive Officer, with immediate effect. The appointment follows a carefully planned succession process developed over many years, reflecting the…
As the dry bulk sector progresses into the first weeks of 2026, the market is entering what is traditionally the softest period of the year, with seasonal patterns exerting their usual downward pressure on freight rates across all segments. Yet unlike previous cycles, Q1 has begun from a noticeably firmer base, reflecting the structural tightness…
Guidance Note to Master and Crew: Seizure or Armed Boarding at Sea (eg by military forces) Purpose This note provides practical, plain guidance to help protect life, preserve the crew’s rights, and safeguard the vessel’s legal and insurance position when a vessel is boarded, detained, or seized at sea by foreign State forces (navy, marines,…
GreenlandWhat was never for Sale now be up for Sale even if by Force!A nation of 6 million, the country has about 16,000 uniformed employees in the military and emergency services. Denmark relies heavily on Nato for Security. The U.S. military maintains a permanent presence at Pituffik Air Base in northwest Greenland. Denmark has accommodated…
Pratik Bijlani – Marex Media Pvt Ltd. has recently announced the launch of JobDaddy by Marex (JobDaddy), a new digital platform designed to serve the evolving employment and recruitment needs of the maritime sector. Accessible at jobdaddybymarex.online, the portal aims to bridge the gap between job seekers and employers by offering a focused, industry-specific space…
With a career spanning continents and industries, Mr Bing Chen, Chairman, President & CEO, Seaspan Corporation brings a uniquely global perspective to shipping. Educated in the United States, he began his professional journey in investment banking in New York before moving to Europe, where he led restructuring initiatives across 12 countries. His career then expanded…
In a significant step underscoring India’s leadership in maritime welfare, professional training, and humanitarian outreach, the Sun International Institute for Tourism & Management (SIITM), in association with Osher Ship Management Pvt Ltd, has signed a Memorandum of Understanding (MoU) with the Global Seafarers Welfare Organisation (GSWO). The agreement extends SIITM’s charity arm to support seafarers…
CMA CGM, a global player in sea, land, air and logistics solutions, has marked a significant milestone with its new vessel call at Hazira Port, reinforcing the Group’s long-term commitment to India and its growing maritime trade ambitions. This landmark call marks a strategic expansion of CMA CGM’s Indian network reflecting the Group’s focus on…
