The ‘One Nation One Port’ Initiative

The “One Nation One Port” scheme, a visionary initiative by the Indian government, aims to revolutionize the maritime sector by integrating and streamlining the operations of ports across the country. This policy is expected to bring uniformity in port management, enhance efficiency, and boost India’s global trade competitiveness. However, the scheme also poses several challenges

Fostering a Safety-First Culture

On February 20th and 21st NYK Ship Management (NYKSM), a subsidiary of the renowned NYK Group, hosted its annual NYKSM Officers’ Dialogue 2025 at the Navi Mumbai Marriott Hotel. This significant two-day event, themed Safety and Compliance First, brought together NYKSM seafaring Officers, industry leaders and maritime professionals to discuss key operational strategies, safety measures,

Maritime Games 2025 Uniting the Maritime Industry through Sports

The maritime industry is set to witness a historic event that will unite its stakeholders through the spirit of sportsmanship. The Directorate General of Shipping (DGS) has announced the launch of the Maritime Games, a championship that aims to promote camaraderie, well-being, and industry relationships. Mr Shyam Jagannathan, Director General of Shipping said, “The Maritime

Dr Harry S Banga and Mr Angad Banga of The Caravel Group proudly announce their acquisition of the International Maritime Institute (IMI), India’s premier maritime academy

-Jagdamba Prasad Pandey In a significant move to strengthen the maritime industry’s future, Dr Harry S. Banga and Mr Angad Banga of The Caravel Group proudly announce their acquisition of the International Maritime Institute (IMI), India’s premier maritime academy. This strategic acquisition reinforces The Caravel Group’s commitment to developing the next generation of global maritime

TRIBUTE TO A FRIEND…Capt Nitin Hardi

Our scriptures clearly state that the cycle of life and death is the rule of nature. What is created will be destroyed. That is the universal truth. However, once in a while, when the reality of ‘universal truth’ hits, one can’t help, but look heavenwards and scream ‘WHY?? WHY him? Yes, we know that GOD

India ONGC plans foray into Ethane Carrier Business

India’s Oil and Natural Gas Corp is seeking joint venture partners to build very large Ethane carriers (VLEC’s) to ship feedstock for its petrochemical plant in Western India. India’s ONGC is seeking joint venture partners to build very large ethane carriers (VLEC’s) to ship feedstock for its petrochemical plant in Western India. ONGC Petro additions

Baltic Exchange Market Report

Baltic Dry Index: 1228 (-34) Baltic Capesize Index: 1894 (-75) Baltic Panamax Index: 1000 (-24) Baltic Supramax Index: 868 (-8) Baltic Handysize Index: 549 (1) CAPESIZE The capsize market experienced a somewhat mixed day as the BCI 5TC fell by $617, settling at $15,711. On a positive note, it was encouraging to see all three

“ANGLOTHON” 2025: Elevating English Language Skills in Maritime Education

The Indian Maritime University’s Navi Mumbai Campus recently hosted “ANGLOTHON”, a national-level English proficiency competition, on March 3. The event brought together talented maritime students from across India to showcase their language skills and compete for top honours. The day-long competition consisted of three exciting events: Debate, Quiz, and Just A Minute. These events aimed

Global Shipping Industry Braces for Impact of Trump-Zelensky Tensions

The recent public spat between former U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky has raised concerns about its potential repercussions on the global shipping industry. This diplomatic rift, marked by a heated exchange in the Oval Office, could have far-reaching implications for international trade routes, shipping costs, and geopolitical stability. On February 28,