DP World has achieved a historic milestone, surpassing 100 million TEUs of container handling capacity across its global portfolio since inception. The achievement is a testament to over $11 billion in strategic investments and infrastructure development over the last decade. It puts DP World at the forefront of global trade, allowing the company to support…
2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased by +5.1% y-o-y to 1,631.9 mln tonnes, from 1,552.2 in the same period of 2022, based on AXS Marine vessel tracking data. The trend remained positive in Jan Oct 2024, with loadings growing by +3.0%…
Pratik Bijlani – On January 7, the International Transport Workers Federation (ITF) and the Directorate General of Shipping (DG Shipping), Government of India, signed a landmark Memorandum of Understanding (MoU) at the DG Shipping office in Mumbai, to promote mental health awareness for Indian seafarers. This collaboration signifies a major step toward embedding mental well-being…
Pratik Bijlani – The maritime industry converged at the Novotel Hotel in Mumbai for the prestigious Celsius Tech Officers Conference hosted by Celsius Tech Limited on November 11-12, 2024. This two-day extravaganza provided a unique opportunity for maritime professionals to share expertise, explore cutting-edge developments in LNG shipping technology, and forge meaningful connections. As the…
HSBC Global Economics takes a forward look at 2025 in “A Year of Promise” in which it states that the world is bracing for the impact of Trump’s proposed policy measures and waiting for action following China’s promises to loosen monetary policy and lift consumer spending. However, given ongoing geopolitical, fiscal, and inflation uncertainty, many…
New Year for Monica Kohli and her family could not have come any better than this wonderful announcement.St. James’s Palace, London SW1, 31 December 2024THE KING has been graciously pleased to give orders for the following promotions in, and appointments to, the Most Excellent Order of the British Empire: O.B.E.Monica KOHLI, President, Women’s International Shipping…
The Institute of Marine Engineers (India), Mumbai Branch, has announced the launch of its newly introduced courses, designed to equip students with the cutting-edge skills required to succeed in today’s competitive job market. Developed in collaboration with MarinArch Training Academy, these courses aim to address the evolving demands of various industries, ensuring that candidates remain…
THE COMPLETE PAPER – TAPPING THE HIGH-SCHOOL CURRICULA ROUTE. The maritime industry remains beyond doubt a vital pillar of global trade and commerce. But there is a widespread lack of awareness about the maritime sector within the nation, especially in the interior tier-2 and tier-3 cities, which poses a serious hindrance to getting suitable talent…
India’s reliance on foreign ships to meet its trade needs has underscored the strategic, economic, and operational vulnerabilities of its maritime sector. Strengthening India’s ship-owning fleet is not only critical for national security but also a strategic step towards achieving self-reliance and enhancing economic resilience. Several factors have contributed to India’s limited ship-owning capacity. These…
On December 26, the Anglo-Eastern Maritime Academy (AEMA) hosted a remarkable graduation ceremony for the graduating batches of DNS Batch 29, GME Batch 42, and ETO Batch 16 held at Karjat. The event, attended by distinguished guests, parents, faculty, and cadets, celebrated the graduation of 200 cadets, the largest cohort in the institution’s history since…