News – Page 21 – Marex Bulletin

Executive Group Makes Waves with ClassNK-Approved Indigenous Energy Efficiency Monitoring Solution

Nov 21, 2024MarexNews

In a remarkable achievement for Maritime innovation, Executive Group of Companies, has received the prestigious ClassNK Innovation Endorsement in the Product & Solution category. This recognition is for its groundbreaking “Ship Energy Efficiency Monitoring System” (SEEMS). Samundra Institute of Maritime Studies (SIMS) led this Synergistic project. SEEMS, an indigenous and cost-effective solution, was conceptualized, designed,…

Kanoo Shipping India Celebrates Five Years of Success

Nov 18, 2024MarexNews

Pratik Bijlani Kanoo Shipping commemorated a major milestone on October 4, as its Indian subsidiary, Kanoo Shipping India Pvt. Ltd., celebrated five years of operational excellence. Industry leaders and company representatives gathered at The Acres Club in Mumbai, to mark this significant achievement in Kanoo Shipping’s regional expansion. The event drew prominent industry figures, including…

Weekly Freight Markets 9th Nov., 2024

Nov 18, 2024MarexNews

In November 2016, as the Brexit aftermath lingered, the world faced another seismic shift: the election of Donald Trump as the 45th President of the United States. His victory ushered in a wave of anti globalisation sentiment that sent shockwaves through global markets. Trump’s populist agenda and campaign of uncertainty challenged the norms of international…

NUSI Marks Seafarers Unity Day with Renewed Pledge to Maritime Welfare and Progress

Nov 18, 2024MarexNews

Pratik Bijlani The National Union of Seafarers of India (NUSI) commemorated Seafarers Unity Day on November 6, at the Indian Sailors Home Society (ISHS), convening distinguished maritime experts and union leaders under the unifying theme Seafarers: Moving the World. The internationally broadcast event spotlighted seafarers’ pivotal role in global trade and their selfless dedication. NUSI…

‘Mission to Seafarers’ Plans to Replicate its Tuticorin Model Across India- Dr Rouch

Nov 14, 2024MarexNews

Padmesh Prabhune – The Mission to Seafarers, an NGO providing help to over 1.89 million seafarers in over 200 ports around the world is all set with their growth plans for India. Speaking to Marex Media exclusively during their visit to India, The Ven. Dr Peter Rouch, Secretary General, The Mission to Seafarers, along with…

Three-Way Collision Off Bangladesh

Nov 14, 2024MarexNews

Collision involving an LPG carrier, a Coal vessel and a fishing boat Padmesh Prabhune – A coal-laden vessel ‘MV Mizan’, collided head-on with a large vessel ‘MV Era Star’ carrying liquefied petroleum gas (LPG) in the Pashur Channel off Mongla Port in Bagerhat last Friday leaving a fisherman named Lokman Hakim missing, who was caught…

MASSA Unveils New logo at 25th Anniversary Celebration of MMA

Nov 14, 2024MarexNews

Padmesh Prabhune – The Maritime Association of Shipowners, Shipmanagers, and Agents (MASSA) proudly unveiled its new logo during the 25th anniversary celebration of the Massa Maritime Academy (MMA) last week in Mumbai. The refreshed logo embodies MASSA’s core values of education, inclusivity, trust, and reflects its pivotal role in nurturing young talent within the maritime…

Excellence in Innovative: Recruitment

Nov 14, 2024MarexNews

Not Different, Simply Better! iSail Marine is transforming maritime recruitment by connecting professionals with global opportunities through innovative, tailored solutions. Headquartered in Mumbai and serving a worldwide audience, iSail Marine is dedicated to empowering job seekers and providing companies with efficient, affordable talent acquisition options. In just 11 months, iSail Marine has signed contracts with…

Dry Market Roundup

Nov 11, 2024MarexNews

The Baltic Dry Index’s closing at 1410 points this week highlights persistent demand-side pressures across vessel segments within the dry bulk sector. Capesize vessels, predominantly reliant on iron ore shipments, saw daily earnings fall to $15,395 – a level last observed in early January—reflecting diminished iron ore trade flows, compounded by market apprehensions over China’s…

Maritime Legal Leaders to Converge at Mumbai Meet

Nov 11, 2024MarexNews

The SISL-Marex International Maritime Legal Conference & Awards 2024 is set to take place on November 13th at the prestigious Hotel Taj Santacruz in Mumbai. This highly anticipated event, themed “Navigating Maritime Legal Tides: Current Trends & Future Horizons,” aims to bring together maritime legal experts, industry stakeholders, and policy makers to explore the evolving…