Marex – Page 33 – Marex Bulletin

Windcat collaborates withAnglo-Eastern to manage theirfirst Elevation Series CSOV

Aug 16, 2024MarexNews

As part of CMB.TECH, Windcat, Europe’s premier offshore people transfer firm, has ordered six Elevation Series CSOVs from Damen Shipyards. Windcat will now collaborate with Anglo-Eastern on the technical and crewing management of these vessels. Windcat has already appointed Anglo-Eastern Technical Services (AETS), Anglo-Eastern’s technical consultancy arm, to oversee the construction of six sophisticated future-proof…

Independence

Aug 16, 2024MarexNews

It is a strange word or experience after almost eight decades of freedom from colonisers, who in all fairness have been accredited for bringing together kingdoms of the subcontinent, splitting them too, unifying with language; that thrust India a la Bharat ahead of many others after the wars. Independence in all practicalities tends to mean…

Legendary CricketerSourav Ganguly JoinsBlue Ocean Corporation’sMember of Board

Aug 16, 2024MarexNews

Former India cricket captain and Chairman of the ICC Cricket Committee, Sourav Ganguly is now set to bring his leadership and strategic acumen to the boardroom of the leading consulting and training organization, Blue Ocean Corporation. This significant addition comes as Blue Ocean continues to expand its influence across the UK, Middle East, and India,…

GAO Report Highlights RegulatoryChallenges for Autonomous Ships

Aug 16, 2024MarexNews

Pratik Bijlani – The US Government Accountability Office (GAO) has released a new report titled “Coast Guard: Autonomous Ships and Efforts to Regulate Them,” which investigates the rising role of autonomous ships in the maritime industry and the regulatory challenges they offer. The paper concludes that, while autonomous ships are making progress in the United…

WinGD and CMA CGM collaborate on trial offirst VCR technology deployment at sea

Aug 16, 2024MarexNews

Swiss marine power company WinGD’s Variable Compression Ratio (VCR) technology is to be trialled by global shipping line CMA CGM onboard one of the company’s vessels. The collaboration marks the first field test for the new dual-fuel engine technology and follows successful factory tests showing significant efficiency improvements with both diesel and LNG fuel. VCR…

Maritime SheEO Highlights Progress and Challenges for Gender Equality in India’s Maritime Industry

Aug 16, 2024MarexNews

On August 12th, a new research, titled “Survey on Gender Equality in Indian Maritime Industry (2024),” was issued, providing insight on the great advances and persistent problems for women in the Indian maritime sector over the previous five years. The report was created by Maritime SheEO with financial assistance from the Consulate General of the…

Marex Bulletin 8th August 2024

Aug 7, 2024MarexMarex Bulletin

FSUI Object Further Relaxation in Shipping, Instead Suggest to Address Disparities

Aug 7, 2024MarexNews

Padmesh Prabhune – The Forward Seamen’s Union of India (FSUI) is disappointed by the proposed relaxation in Shipping announced recently in the fiscal budget last week. The Finance Minister Smt Nirmala Sitharaman said, “Ownership, leasing and flagging reforms will be implemented to improve the share of the Indian shipping industry and generate more employment”. Objecting…

IMU Signs MoU to Enhance Educational Capacities, Announces MBA in Maritime Management for Seafarers

Aug 7, 2024MarexNews

Padmesh Prabhune – In its bid to enhance its educational capacities the Indian Maritime University (IMU) has signed two Memorandums of Understanding (MoU) at the ‘Alumni and Industry Meet’ held this week in Mumbai. While the first MoU was signed with R K Mehrotra Holdings Pvt. Ltd., a subsidiary of the Foresight Group that has…

Understanding General Average

Aug 7, 2024MarexNews

Known as one of the most ancient systems in the maritime trade, General Average is intriguingly unique, a system that finds place only in maritime trade. The earliest mention of the principle that allows jettisoning of goods over the vessel to avert further peril, loss of which shall be contributed by all the parties concerned…