HSBC Global Economics takes a forward look at 2025 in “A Year of Promise” in which it states that the world is bracing for the impact of Trump’s proposed policy measures and waiting for action following China’s promises to loosen monetary policy and lift consumer spending. However, given ongoing geopolitical, fiscal, and inflation uncertainty, many…
India’s reliance on foreign ships to meet its trade needs has underscored the strategic, economic, and operational vulnerabilities of its maritime sector. Strengthening India’s ship-owning fleet is not only critical for national security but also a strategic step towards achieving self-reliance and enhancing economic resilience. Several factors have contributed to India’s limited ship-owning capacity. These…
On December 26, the Anglo-Eastern Maritime Academy (AEMA) hosted a remarkable graduation ceremony for the graduating batches of DNS Batch 29, GME Batch 42, and ETO Batch 16 held at Karjat. The event, attended by distinguished guests, parents, faculty, and cadets, celebrated the graduation of 200 cadets, the largest cohort in the institution’s history since…
Pratik Bijlani – On December 21, the Mumbai Chapter of the Institute of Marine Engineers (IMEI) hosted a highly informative technical seminar and webinar, titled “MEG4 and Rope Safety”, at the IMEI House in Navi Mumbai. The event convened a panel of esteemed industry experts to delve into the latest Mooring Equipment Guidelines (MEG4) published…
Capt Dhruv Sawhney, Co-Founder & CEO, Shipskart has been an integral part of the maritime industry for over 14 years, commencing his career as a cadet with Gearbulk and later sailing on oil tankers. In 2011, he transitioned to the offshore industry, where he worked with Bourbon Offshore until 2017. His extensive experience in the…
Yet another year has whizzed past, somewhat excitingly for the country- what with a national election, and an assembly election in some states. Some governments changed, whilst others didn’t, with all parties claiming victories- actual, moral or implied. But what changed for the seafarer? Fortunately, (or otherwise) apart from MV Dali, there was no other…
Padmesh Prabhune – Strict action would be taken against fraudulent companies exploiting aspirants Seafarers will now find it easier to present their case and emphasise their rights to the Government after assurance by one of the senior officials at the seminar ‘Seafarers’ Rights and Employment’ seminar held in Chandigarh on 27, December, 2024. Addressing the…
Raising Awareness & Fostering Opportunities to Nurture Maritime Talent The maritime industry remains beyond doubt a vital pillar of global trade and commerce. But there is a widespread lack of awareness about the maritime sector within the nation, especially in the interior tier-2 and tier-3 cities, which poses a serious hindrance to getting suitable talent…
Pratik Bijlani – In a significant gathering of maritime industry leaders, the World Maritime University Indian Alumni Association (WMUIAA), the Institute of Chartered Shipbrokers (ICS) Mumbai Branch, and The Nautical Institute (NI) co-hosted a joint seminar on December 7th at the Indian Register of Shipping (IRS) in Mumbai. The seminar, themed Making India a Great…
Padmesh Prabhune – As a part of the India-Malaysia Maritime Collaboration, the Indian Port Association (IPA) has signed an MoU with Penang Port Commission (SPPP) together with Kelang Port Authority (LPK), last week in a major development in Delhi. The signing of the memorandum is being said as significant step in developing the India-Malaysia Maritime…