The International Maritime Organization (IMO) has taken a significant step toward decarbonizing global shipping with the development of the Net-Zero Framework (NZF). Approved in April 2025 during the 83rd session of the Marine Environment Protection Committee (MEPC 83), the NZF aims to reduce greenhouse gas (GHG) emissions from international shipping, aligning with the IMO’s 2023…
DP World and the DP World Tour today extended their long-term partnership, reaffirming a shared commitment to growing the game of golf. Under the new agreement, the largest in the Tour’s history, DP World will continue as Title Partner and Official Logistics Partner until 2035. The original agreement, which started in 2022 and saw the…
Baltic Exchange Market Report CAPESIZE The market enjoyed another solid day, with the BCI 5TC climbing by $1,315 to $26,888 as upward momentum was seen across the board. In the Pacific, all three miners were active at one stage, though one was later said to have withdrawn amid internal reshuffling. The C5 route continued its…
On November 6, the National Union of Seafarers of India (NUSI) celebrated its annual “Seafarers’ Unity Day” at the Indian Sailors Home Society (ISHS), Mumbai — a vibrant gathering that brought together seafarers, their families, maritime leaders, and union representatives in a spirited show of unity and pride. For over a century, NUSI has been…
In a landmark step for India’s maritime ecosystem, and a stride toward Atmanirbhar Bharat and Viksit Bharat, Neptunus Power Plant Services Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Indian Register of Shipping (IRS) at Maritime India Week 2025, an event witnessed by the Hon’ble Prime Minister of India, Shri Narendra Modi.…
Ships are huge, complicated machines that can travel across oceans for weeks or even months at a time. Maintenance is very important to keep them running safely and efficiently. But waiting until something breaks or following a set schedule for maintenance isn’t enough anymore. Artificial Intelligence (AI) and Machine Learning (ML) are changing the way…
· Port fee showdown postponed as US and China return to talks China’s stock market climbed to decade highs on Thursday as presidents Donald Trump and Xi Jinping met for the first time in six years — with one major outcome for shipping being the suspension of new port fees both countries had introduced earlier…
On October 20, 2025, Prime Minister Narendra Modi continued his cherished tradition of celebrating Diwali with the Indian Armed Forces by spending the festival aboard INS Vikrant, India’s first indigenous aircraft carrier. Stationed off the coasts of Goa and Karwar, the event underscored the nation’s commitment to honouring its military personnel and showcased India’s strides…
