On May 25, 2025, the Liberian-flagged container ship MSC ELSA 3 capsized and sank off the coast of Kerala while enroute from Vizhinjam to Kochi. The ship was carrying roughly 640 containers, thousands of litres of fuel and several containers of hazardous cargo (notably calcium carbide). Although all crew were rescued, the event quickly escalated…
Vanke shares slide on renewed debt jitters Shares of China Vanke slid in Hong Kong on Wednesday as tumbling bond values reignited investor jitters over the company’s debt and broader real-estate risks. Several of Vanke’s yuan-denominated bonds plunged more than 20% in early trading — triggering suspensions of five exchange-listed bonds — amid renewed skepticism…
DP World reinforced its commitment to advancing UAE–India economic ties as a supporting organisation in the UAE–India CEPA Council’s flagship Start‑Up Series, which showcases and nurtures small, high-potential Indian businesses. As part of its support, DP World extended a “soft‑landing” package in the UAE to DocketRun AI, an artificial Intelligence start‑up selected among the top…
The shipping sector is one of the oldest in the world, but AI is changing it quickly. AI is transforming the way marine businesses work, from how ships are bought and sold to how trade routes are identified and deals are struck. Let’s look at some of the most important new ideas that are making…
Ganpat University Goa, in collaboration with the Ganpat & Manju Foundation and the GIME Foundation, successfully hosted the Maritime Skill Conclave 2025, bringing together national maritime leaders, policymakers, academicians, industry partners, and aspiring cadets to chart India’s roadmap toward a future-ready maritime workforce. Supported by leading industry bodies—including the Indian Maritime University, IMEI, CMMI, MERI…
• Volcanic ash disrupts flights heading West, may now hit ops in NW India. Ash spewed by Ethiopia’s Hayli Gubbi volcano as it erupted after lying dormant for about 10,000 years on Sunday, drifted into busy international air routes west of India on Monday, forcing many aircraft flying west over the Arabian Sea to re-route…
On 21 November an electrical fire broke out below deck on the container ship ONE Henry Hudson while she was moored at the Port of Los Angeles. The blaze prompted a multi-agency emergency response, an explosion reported mid-deck, shelter-in-place orders for nearby communities, temporary terminal shutdowns and the vessel being towed out to anchorage while…
Jagdamba Prasad Pandey – Hon’ble Minister, Port, Shipping and Waterways, Mr Sarbananda Sonowal, inaugurated the newly renovated campus of Mangalore Marine College & Technology (MMCT) on November 13. The event marked a significant milestone in MMCT’s journey toward maritime education and excellence. Established in 2010, MMCT holds the distinction of being Karnataka’s first and only…
• Singapore’s Perspective and FoodSingapore’s uniquely heavy reliance on global trade means it’s often seen as a bellwether for the health of Asian economies — and for the state of the world’s trading systems.It was timely to have Prime Minister Lawrence Wong in the hot seat. To see how Wong sees the world and steers…
More than 70% of the Earth’s surface is covered by oceans. They are home to ships, trade routes, fishing zones, and occasionally even hidden risks. It’s hard for any country to keep an eye on such a large territory, but it’s even harder for India because it has a long coastline. This is where Artificial…