Could a sudden drop in pollution from cargo vessels cris-crossing global shipping lanes inadvertently make the world hotter? The main reason for global warming is the heat- trapping emissions from burning fossil fuels.But scientists have been looking at the extent to which a shift to cleaner, lower-sulphur shipping fuels in 2020 may have fuelled warming…
The island of Lakshadweep and its fame for tortoise shells were first described by a Greek sailor in the first century CE. This indicates that trading to and from Lakshadweep was a well-known practice starting in the first century CE, which connects it to an ancient maritime route. This also makes it most priceless and…
As part of his state visit to France, Indian Prime Minister Narendra Modi and French President Emmanuel Macron were welcomed by Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, at the Group’s headquarters in Marseille. Discussions focused on the India-Middle East-Europe Economic Corridor (IMEC), a strategic trade route designed to enhance connectivity between…
The Entire shipping industry is a service industry and is affected by worldwide political upheavals, natural disasters, wars, trade sanctions – tariffs, etc. for business policies to stay firmly on the water. On the macro-economic front, the Reserve Bank of India (RBI) made headlines this week after a prolonged period of policy inertia. The central…
The Indian Institute of Management (IIM) Mumbai and the Centre for Maritime Management and Innovation (CMMI) recently inaugurated the Campus Immersion Ceremony for the Executive MBA in Maritime Management, Logistics and Supply Chain program. This prestigious collaboration between IIM Mumbai and CMMI marks a significant milestone in the development of the maritime industry, providing a…
Pratik Bijlani – A fire aboard the Hong Kong-flagged container ship ASL Bauhinia has prompted a comprehensive maritime investigation following confirmation that the incident was unrelated to Houthi militant activity. The blaze broke out on January 28, occurred approximately 122 nautical miles northwest of Hodeidah, Yemen, in the Red Sea—a region fraught with hazards for…
The Great Eastern Shipping Company Limited has announced the appointment of Mr Amitabh Kumar as an Additional and Independent Director, effective January 28, for tenure of 5 years. This move is expected to bring significant expertise and experience to the company’s board, given Mr Kumar’s impressive background in administration, shipping, and public service. Mr Kumar…
