Record-Breaking Growth in Container Fleet Capacity

Pratik Bijlani – In this week’s “Shipping Number of the Week,” Niels Rasmussen, Chief Shipping Analyst at BIMCO, discusses the extraordinary expansion of container fleet capacity, which represents the greatest growth in 15 years. The fleet’s capacity has increased by 1.6 million TEU since the beginning of the year, representing an excellent 11% year-over-year rise,

Indian Coast Guard successfully coordinated search and rescue operation for stranded IFB Aashni

Despite heavy rains and severe weather conditions, the Indian Coast Guard successfully coordinated a search and rescue effort for the stranded IFB Aashni (IND-TN-12-MM-6623) ex-Thoothukudi on July 17, 24. During the late hours of July 16, an Indian Coast Guard Dornier aircraft conducting maritime surveillance discovered and sighted a troubled Indian fishing boat (IFB) with

Revolutionizing the Maritime Industry

Pratik Bijlani – On July 16, the Indian Register of Shipping (IRCLASS) and the Directorate of Marine Engineering College Alumni (DMECA) held a critical technical symposium on the use of digitization and artificial intelligence (AI) to improve ship efficiency. This historic event brought together industry experts and stakeholders to discuss how cutting-edge digital technology and