Lightrock, a global investment platform that backs purpose-driven companies, today announces that Lightrock Growth Fund I (LGFI) has completed a partial realisation of its investment in Porter, India’s leading on-demand Goods Transport Agency (GTA). LGF1, which closed with US$900 million[1], invests in growth-stage businesses across Europe, Latin America, and India, focusing on the themes of…
Shipping industry is the lifeline of global economy, connecting markets with people and responsible for transporting over 80% of world trade. As vessels become larger & technologically advanced and international regulations grow more stringent, the need for a highly skilled and competent maritime workforce becomes paramount. Maritime Education and Training (MET) is the indispensable foundation…
And India’s Vedanta Group, specifically Hindustan Zinc, is right in the crosshairs. See, China single-handedly dominates the world of Zinc. They account for over 50% of global production AND consumption. This means any shift in their domestic market sends tidal waves across the globe. The primary use for zinc? Galvanising steel. Making it strong and…
Shipping industry is the lifeline of global economy, connecting markets with people and responsible for transporting over 80% of world trade. As vessels become larger & technologically advanced and international regulations grow more stringent, the need for a highly skilled and competent maritime workforce becomes paramount. Maritime Education and Training (MET) is the indispensable foundation…
Chief Officer AP Kothurkar, who served on the TS Dufferin in 1966, passed away peacefully in Pune on 09th October at the age of 95. Fondly remembered by generations of seafarers, he was often described as the man who “turned boys into men,” having trained and mentored more than 600 cadets over two decades. Joining…
The world’s leading provider of smart logistics, DP World, DP World, today announced the expansion of its global Clubhouse initiative to India, continuing its mission to make the game of golf more accessible by providing purpose-built facilities to underserved youth around the world. The launch marks the second milestone in the programme, following the inaugural…
Pratik Bijlani – On 11 October, the DMET/MERI Alumni Association came together once again for their much-awaited annual Pre-Diwali Bash, marking the 4th consecutive celebration of this cherished tradition. Held at the Ramada Hotel in Navi Mumbai, the event brought together former cadets, faculty members, and maritime professionals from across batches and chapters in a…
Pratik Bijlani – On 11th October, the Mumbai Branch of the Institute of Marine Engineers (India) hosted a timely seminar titled Mentorship in the Age of SIRE 2.0: From Compliance to Competence and Mind over Matter: Emotional Wellness for Modern Mariners at IMEI House, Nerul, Mumbai. The event addressed both technical proficiency and mental well-being,…
The maritime industry has always sailed through turbulent waters – weather, operational hazards, human error, and volatile markets have made insurance and risk management a complex, costly domain. But artificial intelligence (AI) is quietly reshaping this space, offering unprecedented visibility, predictive power, and automation in how maritime risks are identified, priced, and managed. The Challenge:…
Container operations at Europe’s largest port, Rotterdam, have come to a standstill as lashers began a 48-hour strike on Wednesday afternoon to demand higher wages, while harbour pilots’ protests in neighbouring Antwerp-Bruges continue to disrupt marine traffic. Dutch union FNV said workers at International Lashing Services and Matrans Marine Services — the two lashing firms…