With Indian ships carrying just 7% of EXIM trade, tonnage augmentation offers a pragmatic path to $16B in savings and strategic influence. India’s merchant fleet today carries barely 7% of the nation’s vast EXIM trade, leaving the bulk of freight earnings in foreign hands. In a sector where global peers leverage tonnage for trade security,…
Pratik Bijlani – On 13th October, The Company of Master Mariners of India (CMMI) held its Monthly Lecture Meeting at the Anglo-Eastern Maritime Training Centre (AEMTC) in Mumbai. The session’s highlight was an in-depth presentation titled “The Merchant Shipping Act 2025: Key Reforms and Provisions” by Capt Ashwani Jhingan, Member of CMMI, Extra Master, LLB…
The maritime community is set to gather in Mumbai this November for a high-impact workshop on marine insurance, designed to equip professionals with practical tools for navigating today’s complex risk landscape.Shipping Academic Conferences, in collaboration with Marex Media, will host the event titled Navigating Risk, Securing Trade: Practical Mastery in Marine Insurance on Thursday, 20th…
Russian oil flows to India are set to collapse to near zero after new US sanctions hit energy majors Rosneft and Lukoil, cutting off the key trade lifeline that’s fuelled both economies for three years, senior Indian refinery executives told Bloomberg. It’s a sharp reversal for the world’s top buyer of Russian crude, as executives…
When we think about shipbuilding, we frequently picture big docks where people are welding, painting, and transporting big slabs of steel. But within shipyards, a new revolution is unfolding right now. “Smart shipyards” are revolutionizing how ships are built in the same way that cell phones transformed how we talk to each other. These shipyards…
In order to achieve the Objectives laid down in vision documents MIV 2030 and MAKV 2047 for the Indian Shipbuilding and Shipping, last month the Government, in a landmark decision, has approved a comprehensive package of ₹ 69,725 Crores to revitalize India’s shipbuilding and maritime ecosystem. The package introduces a four-pillar approach designed to strengthen…
India, with its coastline of 11098.81 km and exclusive economic zone of more than 2.3 million sqkm, is geographically located and positioned like a maritime bridge between East and West, linking the energy-rich Middle East, the resource-abundant Africa, and the manufacturing hubs of East and Southeast Asia. Nearly 35-50% of global maritime trade pass through…
Shipping Insights The ceasefire in Gaza went into force last Friday paving the way for the release on Monday of the 20 living Israeli hostages and the freeing of over 1,900 Palestinians from prison and detention. The scenes of jubilation were momentous and emotional and paid tribute to the individuals and countries that, through their…
The Federation of Freight Forwarders’ Associations in India (FFFAI) has marked a proud milestone as Mr Tej Contractor, Executive Committee Member of FFFAI, was elected Vice President of the International Federation of Freight Forwarders Associations (FIATA) during the FIATA World Congress held in Hanoi. The election, conducted under the leadership of FIATA President Dr. Thomas…
DP World and Women Entrepreneurship Platform (WEP), today announced a joint initiative ‘We Rise -Women Entrepreneurs Reimagining Inclusive and Sustainable Enterprises’ program. This program under the aegis of Award to Reward (ATR) initiative of WEP will help women entrepreneurs in India to scale their businesses globally through trade facilitation, mentorship, and strategic partnerships. Under this…