Marex Bulletin https://new.marexmedia.com Thu, 23 Jul 2026 04:15:52 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://new.marexmedia.com/wp-content/uploads/2024/04/cropped-marex-logo-32x32.png Marex Bulletin https://new.marexmedia.com 32 32 Future of Indian Seafarers Highlighted https://new.marexmedia.com/2026/07/23/future-of-indian-seafarers-highlighted/ Thu, 23 Jul 2026 04:15:52 +0000 https://new.marexmedia.com/?p=5036 ]]> Jagdamba Prasad Pandey –

The International Maritime Federation (IMF) and the Forward Seaman Union of India (FSUI), in association with Srichakra Maritime College, successfully hosted a high-level maritime dialogue on Building a Future-Ready Maritime Workforce at the Andhra Social & Cultural Association (ASCA), Chennai.

The event brought together a cross-section of the maritime community, including Master Mariners, Chief Engineers, Recruiting & Placement Services License (RPSL) representatives, heads of training institutes, and key industry stakeholders. The dialogue aimed to address pressing challenges in seafarer training, welfare, and workforce preparedness in an era of rapid technological change and evolving global regulations.

Dr KVR Srinivas opened the proceedings with a warm welcome that set the tone for collaboration and collective responsibility within the maritime fraternity. The inaugural session featured a ceremonial lamp lighting, stirring patriotic renditions, and a solemn moment of silence in memory of seafarers who lost their lives in recent maritime incidents. The tribute served as a poignant reminder of the human element at the heart of the shipping industry.

In her address, Ms Aishwarya Gupta Pilankar, Vice Chairperson of IMF, emphasized the critical role of maritime training institutes and RPSL agencies in upholding and exceeding global standards. She noted that with shipping becoming increasingly digitalized and decarbonized, India’s maritime workforce must be equipped not just with technical skills, but also with adaptability, safety awareness, and global compliance knowledge.

The keynote address was delivered by Dr Syed Asif Altaf Chowdhury, ITF Representative. He spoke on the current global challenges facing seafarers, including crew change issues, mental health, and the impact of automation. Dr Chowdhury called for stronger industry commitment to seafarers’ welfare and urged all stakeholders to align training and employment practices with international conventions to ensure dignity and security at sea.

Mr Manoj Yadav, General Secretary of FSUI, further highlighted the need for robust social security and support systems for Indian seafarers and their families. He stressed that a “future-ready” workforce must also be a protected workforce, with access to healthcare, insurance, and grievance redressal mechanisms that match global benchmarks.

The core of the event comprised technical sessions led by eminent maritime professionals, followed by a panel discussion moderated by Ms Gupta. The panel comprised Capt. Vinayak Gupta of Sunav Maritime, Capt. J. Manivannan of Indian Maritime University, Mr. Binesh Chandra Varma, Seaman Welfare Officer, DG Shipping, Capt. Lalith Kumar of ICS Chennai, and Mr. Narendra Rao of FSUI Chennai.

The discussion covered training standards, integration of new technologies such as AI and autonomous systems, competency assessment, and the gap between academic curricula and onboard realities.

Panellists agreed that collaboration between RPSLs, training institutes, regulators, and unions is essential to bridge this gap and to ensure Indian seafarers remain competitive in the global market.

A highlight of the evening was a special felicitation presented to Capt. Yashwanth Raj, recognized as one of the youngest Master Mariners. His achievement was celebrated as an inspiration for aspiring cadets and a testament to the quality of Indian maritime training.

The dialogue concluded with a vote of thanks by Capt. Raman Jayaram, followed by the National Anthem and a networking dinner that allowed participants to continue discussions in an informal setting.

The event was well-received by attendees and reinforced a key message: building a resilient, skilled, and future-ready maritime workforce requires sustained partnership between industry, government, unions, and academia. With India aiming to be a global hub for seafarer supply, such dialogues are vital to aligning training, policy, and welfare with the demands of tomorrow’s shipping industry.

Marex Media

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DG Shipping Welcomes Prashant Jeevan Patil as Deputy Director General https://new.marexmedia.com/2026/07/23/dg-shipping-welcomes-prashant-jeevan-patil-as-deputy-director-general/ Thu, 23 Jul 2026 04:13:49 +0000 https://new.marexmedia.com/?p=5031 ]]> Pratik Bijlani –

The Central Government has approved the appointment of IAS officer Prashant Jeevan Patil as Deputy Director General at the Directorate General of Shipping (DGS), Mumbai, under the Ministry of Ports, Shipping and Waterways, strengthening the administrative leadership of India’s maritime regulator.

Patil, a Telangana-cadre Indian Administrative Service officer, has been appointed at the Director level under the Central Staffing Scheme. According to the appointment order issued by the Department of Personnel and Training (DoPT), he will serve as Deputy Director General for a period of five years from the date of assuming charge, or until further orders, whichever is earlier. The Telangana Government has also been requested to relieve him at the earliest to enable him to take up his new responsibilities.

The appointment comes at an important phase for India’s maritime administration, as the country pursues an ambitious transformation of its shipping sector under Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047. The Directorate General of Shipping continues to play a central role in implementing maritime regulations, strengthening shipping safety, supporting seafarer welfare and training, overseeing ship registration and certification, and ensuring India’s compliance with international maritime conventions.

Headquartered in Mumbai, the Directorate is also increasingly involved in India’s wider maritime modernisation agenda, including digitalisation, regulatory reforms and measures aimed at improving the competitiveness and efficiency of the country’s shipping ecosystem.

Patil brings extensive administrative experience from his service with the Telangana Government and will now contribute to the Directorate’s expanding responsibilities as India’s maritime sector enters a period of accelerated growth and regulatory transformation.

His five-year appointment adds further administrative capacity to the DGS at a time when India is seeking to expand its merchant fleet, strengthen its position as a major global supplier of seafarers and develop domestic capabilities across shipbuilding, ship recycling and coastal shipping.

With India’s maritime ambitions increasingly linked to economic growth, global trade and employment generation, Patil’s appointment is expected to support the Directorate’s ongoing efforts towards building a modern, efficient and internationally competitive maritime administration.

Marex Media

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Towards New Horizons https://new.marexmedia.com/2026/07/23/towards-new-horizons/ Thu, 23 Jul 2026 04:11:52 +0000 https://new.marexmedia.com/?p=5028 ]]> Pratik Bijlani –

The parade ground at the Anglo-Eastern Maritime Academy was filled with pride, anticipation, and emotion as DNS Batch 32 marked the successful completion of its training during the Passing Out and Prize Distribution Ceremony. For the 157 cadets who crossed this important milestone, the event was not merely the end of a course—it was the beginning of a lifelong journey at sea.

Welcoming the gathering, Mr Tejinder P.S. Bhamra, Principal of AEMA, congratulated the graduating cadets and reflected on Anglo-Eastern’s long-standing vision of developing its own pipeline of maritime talent. Pointing to the many academy alumni who today occupy senior leadership positions within the organization, he encouraged the young cadets to dream ambitiously and pursue excellence with determination. However, his central message went beyond technical competence. He reminded the graduates that while skills may open doors, character sustains careers. As he aptly noted, “Today, as you step into the maritime profession, remember that technical knowledge may earn you a position, but integrity will define your career. At sea, trust is your greatest asset. Be honest, accountable, and courageous enough to do the right thing, because reputations built on integrity last a lifetime.”

The ceremony celebrated a batch that began its journey in August 2025 with 160 cadets and completed training with 157 successful candidates. Presenting the course report, Capt. Santosh Pandey, Head of the Nautical Department, highlighted the academy’s comprehensive training model that combined classroom learning, simulator exercises, virtual reality tools, workshops, ship visits, survival training, firefighting, navigation exercises, research projects, and leadership development activities. The batch also excelled in national competitions, technical presentations, sports, and cultural events, while securing impressive performances in IMU examinations.

Adding a personal touch to the occasion, the cadets themselves took the audience on a nostalgic journey through their academy life. Their humorous recollections of military haircuts, demanding physical training, hostel life, inspections, and the occasional “boiler” punishment drew laughter from parents and guests alike. Beneath the humour lay stories of friendship, resilience, discipline, and camaraderie forged through shared challenges. Vibrant musical and dance performances further showcased the talents and spirit of the graduating batch.

The keynote address by Capt. Dishant Seth, Operations Manager at Anglo-Eastern Ship Management and an AEMA alumnus, resonated strongly with the cadets. Returning to his alma mater after 15 years, he shared lessons from his own journey from cadet to Master and eventually a Shore-based Maritime Leader. Reflecting on the realities of life at sea, he reminded the graduates that “The sea will test your skills, your character, and your judgment. Certificates may open doors, but integrity, perseverance, and the willingness to learn from everyone on board are what truly shape a successful mariner and leader.”

Capt Harinder Singh, Nautical Surveyor-cum-Deputy Director General (Technical), Directorate General of Shipping, reinforced the message that graduation was only the first step. Stressing the importance of discipline, professionalism, and continuous self-improvement, he told the cadets that “Your DNS certificate is only the beginning; the real journey starts at sea. Success in maritime life is built on discipline, integrity, continuous learning, and resilience.” He also acknowledged the sacrifices made by seafarers and their families while encouraging the graduates to prioritise both physical and mental well-being.

The ceremony also recognized excellence through eleven award categories, with Cadet Parag Kumar Laskar receiving the Best All-Round Cadet award and Cadet Arshan Ahmad Khan being named Academic Topper of the Batch. Another notable highlight was the release of AEMA deep and Seaward Bound, publications that captured the intellectual, technical, and personal journeys of the cadets while showcasing the academy’s culture of learning and innovation.

As certificates were presented and proud parents applauded, DNS Batch 32 stepped forward ready to embrace the opportunities and challenges of a global maritime career. Carrying with them the lessons of discipline, leadership, resilience, and above all integrity, the graduates now embark on the voyage for which AEMA has carefully prepared them—one that will shape them into the maritime leaders of tomorrow.

Marex Media

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Marex Bulletin – 23rd July 2026 https://new.marexmedia.com/2026/07/23/marex-bulletin-23rd-july-2026/ Thu, 23 Jul 2026 04:10:27 +0000 https://new.marexmedia.com/?p=5025
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Indian Register of Shipping Launches ‘NEURON’ https://new.marexmedia.com/2026/07/19/indian-register-of-shipping-launches-neuron/ Sun, 19 Jul 2026 20:03:28 +0000 https://new.marexmedia.com/?p=5022 ]]> Indian Register of Shipping (IRS), a leading international classification society, has launched NEURON, a smart digital platform that provides fast and intuitive access to IRClass Rules, Classification Notes, Guidelines and other technical publications.

Designed as a modern knowledge platform, NEURON enables maritime professionals to quickly locate technical and regulatory information, reducing the time spent navigating multiple documents while supporting ship design, construction, survey, operations and compliance.

The platform serves a wide range of stakeholders, including shipowners, operators, shipyards, naval architects, design firms, equipment manufacturers, consultants, surveyors, regulators and academia. By bringing IRClass’ technical publications into a unified, searchable digital environment, NEURON enhances knowledge accessibility and supports informed engineering and operational decision-making.

Commenting on the launch, Mr. H. V. Ramesh, Head – Technical, Indian Register of Shipping, said: “NEURON provides our stakeholders with a smart, user-friendly platform to access IRClass publications efficiently, improving productivity and supporting better technical decisions. The launch reflects our commitment to innovation and customer-centric digital solutions.”

NEURON is part of IRClass’ broader digital transformation strategy to deliver technology-enabled services and enhance stakeholder experience. The platform reinforces IRClass’ commitment to making technical knowledge more accessible while supporting a safer, smarter and more efficient maritime industry.

Maritime professionals can access the platform through the dedicated NEURON portal at https://neuron.irclass.org.

Marex Media

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MFSWT Outreach Program Builds Maritime Solidarity in Uttarakhand https://new.marexmedia.com/2026/07/19/mfswt-outreach-program-builds-maritime-solidarity-in-uttarakhand/ Sun, 19 Jul 2026 20:02:02 +0000 https://new.marexmedia.com/?p=5019 ]]> The Maritime Floating Staff Welfare Trust (MFSWT) successfully hosted the second chapter of its Outreach Program in Dehradun, Uttarakhand, on 14 July. The event brought together seafarers, their families, representatives of shipping companies, maritime professionals, and industry leaders, providing a valuable platform for engagement, networking, and awareness-building within the maritime community.

The session focused on promoting MFSWT’s welfare initiatives and support programs, including the recently launched CoC Upgradation Examination Reimbursement Scheme. Distinguished representatives from the Foreign Owners Representatives and Ship Managers Association (FOSMA), the Maritime Association of Shipowners, Shipmanagers and Agents (MASSA), and The Maritime Union of India (MUI) were also in attendance.

Prior to the commencement of the programme, attendees observed a minute of silence in honour of seafarers who lost their lives while serving at sea during the recent conflict, paying tribute to their dedication and sacrifice.

The evening commenced with an address by Capt. Navin Passey, Trustee of MFSWT, former Chairman of FOSMA and Wallem Ship Management India Pvt. Ltd., and currently a mentor to FOSMA. Welcoming the gathering, Capt. Passey expressed his gratitude to seafarers and their families for their participation and acknowledged the critical role they play in supporting global trade and national interests. He paid tribute to the sacrifices made by seafarers and highlighted the invaluable contribution of their spouses, who shoulder significant responsibilities ashore during extended periods at sea.

The audience was then addressed by Capt. M. P. Bhasin, Managing Director of MSC Crewing Services, Director of MASSA, and Chairman of the Company of Master Mariners of India (CMMI). He spoke about the professional and personal challenges faced by seafarers and their families, emphasizing the importance of sailing with reputable shipping companies that uphold the highest standards of safety and operational excellence. Capt. Bhasin also highlighted the vital role played by MFSWT in supporting the welfare of seafarers and their families, encouraging attendees to explore the various benefits and assistance available through the Trust. He further acknowledged the leadership of Capt. Nalin Pandey, Chairman of the Board of Trustees of MFSWT, and commended his efforts in driving new welfare initiatives for the maritime community. Capt. Bhasin noted that several additional initiatives are currently under development, reflecting the Trust’s ongoing commitment to enhancing support for seafarers and their families.

The final address was delivered by Capt. Savio Ramos, General Secretary of MUI, who discussed the unique demands of a seafaring career and the support systems available to families ashore. He highlighted the assistance provided by MUI and the MUI Women’s Wing, which serve as important resources for seafarers’ families during periods of separation and uncertainty.

Capt. Ramos further highlighted MFSWT’s commitment to the welfare of the seafaring community, providing guidance on the support services available through the Trust. He also apprised attendees of MFSWT’s recently launched initiatives, with particular emphasis on the CoC Upgradation Examination Reimbursement Scheme, encouraging eligible officers to make use of this valuable benefit.

The event was marked by a warm and engaging atmosphere and witnessed the participation of nearly 200 attendees. It provided an excellent opportunity for meaningful interaction, knowledge-sharing, and strengthening connections across the maritime community, reaffirming MFSWT’s ongoing commitment to the welfare and wellbeing of seafarers and their families.

Marex Media

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Seafarers First https://new.marexmedia.com/2026/07/19/seafarers-first/ Sun, 19 Jul 2026 20:01:02 +0000 https://new.marexmedia.com/?p=5016 ]]> The BRICS Seafarers Forum 2026, jointly hosted by the Maritime Union of India (MUI) and the National Union of Seafarers of India (NUSI), concluded at NUSI Bhavan, Mumbai, with a resounding international call for greater cooperation, decent work, social dialogue, and enhanced protection of seafarers.

The Forum brought together the International Labour Organization (ILO), leading seafarers’ trade unions, government representatives, maritime authorities, shipowners, and maritime experts from BRICS nations and partner countries. Delegates from Brazil, Russia, India, Iran, Indonesia, and other nations participated both in person and virtually, united under the commitment: SEAFARERS FIRST.

The Forum was inaugurated by Mr Shyam Jagannathan, Director General of Maritime Administration, Government of India. Welcoming international delegates, he underscored the critical challenges confronting the global maritime workforce. “Seafarers remain the backbone of international trade, yet continue to face unprecedented challenges arising from geopolitical tensions, armed conflicts, crew abandonment, rapid technological change and the global transition towards a greener maritime future,” he said.

Referring to the Forum’s theme, “Strengthening Cooperation Among BRICS Seafarers’ Unions for Decent Work, Maritime Sovereignty and Peace,” Shri Jagannathan stressed the importance of closer cooperation and dialogue among BRICS maritime nations to safeguard the rights, welfare, safety, and dignity of seafarers. He welcomed the proposed Mumbai Declaration 2026 and resolutions aimed at advancing welfare and protection across BRICS nations.

The Forum gained further weight with the participation of Ms. Beatriz Vacotto, Head of the Maritime Section, ILO, and Dr. Augusto Grieco Sant’Anna Meirinho, Labour Prosecutor and Secretary for International Labour Cooperation of Brazil’s Labour Prosecution Service.

Ms. Vacotto congratulated the organisers and highlighted the 20th anniversary of the Maritime Labour Convention, 2006 (MLC, 2006). “The MLC remains a powerful instrument for protecting seafarers through inspections, certification, financial security and insurance mechanisms, and strong social dialogue,” she said. Stressing awareness of rights, she pointed to the 2025 amendments recognising seafarers as key workers and strengthening protections against violence, harassment, and abandonment.

She called for stronger implementation of the MLC, legal reforms, and enhanced global cooperation to ensure effective enforcement of seafarers’ rights.

Extensive discussions covered seafarers’ protection in armed conflicts, crew abandonment, fair treatment, collective bargaining, women in maritime, decarbonisation and Just Transition, AI and automation, cybersecurity, maritime training, cabotage, sovereignty, and occupational safety.

A major outcome was the establishment of the BRICS Seafarers Coordination Network for sustained engagement, alongside a Working Group on Collective Bargaining and Labour Standards to share best practices and strengthen protections.

The Forum’s message was clear: technology must empower seafarers, not replace their rights; decarbonisation must deliver a Just Transition, not job cuts; women must have equal opportunities; and no seafarer should fall victim to war, geopolitics, abandonment, or unjust criminalisation.

M Milind Kandalgaonkar, General Secretary-cum-Treasurer of NUSI, captured the spirit of the Forum: “Ships may sail under different flags and seafarers may come from different nations, but their struggles, sacrifices and aspirations are the same. India has sent a clear message the seafarers of the Global South will cooperate, coordinate and stand together. No seafarer should ever stand alone.”

Building on the foundation laid in Salvador, Brazil, in 2025, the Mumbai Forum marked a decisive step towards a permanent, action-oriented international platform. As delegates affirmed: “From Salvador to Mumbai. From dialogue to action. From cooperation to solidarity.”

The Forum concluded with renewed commitment to strengthen cooperation among seafarers’ unions of the Global South, advancing decent work, dignity, safety, and justice for seafarers worldwide.

Marex Media

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Wärtsilä 25 Ammonia Engine Powers Two New Gas Carriers https://new.marexmedia.com/2026/07/19/wartsila-25-ammonia-engine-powers-two-new-gas-carriers/ Sun, 19 Jul 2026 19:59:44 +0000 https://new.marexmedia.com/?p=5013 ]]> Technology group Wärtsilä will supply its Wärtsilä 25 Ammonia auxiliary engine, together with a NOx reducer (SCR) and gas valve unit (GVU), for two new 51,350 m3 capacity midsize LPG/liquid ammonia carrier vessels. The engine will support reduced emissions and improved operational efficiency, while helping the vessels meet evolving sustainability requirements. The ships are being built at Nantong CIMC Sinopacific Offshore & Engineering (SOE) shipyard in Shanghai and will be owned by a joint venture between Navigator Gas and Norway-based Amon Maritime, Navigator Amon Shipping AS. Wärtsilä will also supply the propulsion system, including a Controllable Pitch Propulsion solution designed to optimise efficiency and reliability. The order for the engines, SCR and GVU was booked by Wärtsilä in Q2 2026, whilst the order for the Controllable Pitch Propeller system was booked in Q3 2026.

As the shipping industry transitions to decarbonised operations, ammonia is emerging as a promising carbon free marine fuel capable of achieving the IMO’s net-zero-emissions target for 2050. Wärtsilä has played a leading role in developing engine solutions able to operate with alternative fuels, and already in 2023 introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel. The ammonia-fuelled engine supports the industry’s transition towards lower-emission vessel operations.

“Wärtsilä has demonstrated industry-leading capabilities in enabling future low and zero-carbon fuels to become viable. By selecting the Wärtsilä 25 Ammonia engine, we expect to dramatically reduce the ships’ environmental impact, while supporting compliance with evolving regulatory requirements,” says Mr. Kaj S. Pilemand, Director of Vessel Operations, Navigator Gas.

The ammonia engine aligns with the shipping industry’s accelerating shift towards decarbonised operations. When running on sustainable ammonia, total greenhouse gas emissions can be reduced by at least 90 percent compared to equivalent diesel engines. In addition, the Wärtsilä propulsion system optimises vessel operations by integrating the entire shaft line arrangement. The Controllable Pitch Propeller system is designed to deliver high efficiency, operational reliability, and reduced emissions.

“This project reflects the continued momentum behind carbon-neutral and zero-carbon fuels, with ammonia emerging as one key pathway. It also highlights the growing demand for flexible, propulsion solutions that support new, more sustainable operating models. In short, these vessels have been designed for lower-emission operations, and Wärtsilä’s solutions will support those ambitions,” comments Stefan Nysjö, Vice President of Power Supply, Wärtsilä Marine.

The Wärtsilä equipment is scheduled for delivery to the yard commencing in June 2027.

Marex Media

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Fond Farewell to Capt Kiran Joshi, Mentor and Maritime Leader https://new.marexmedia.com/2026/07/19/fond-farewell-to-capt-kiran-joshi-mentor-and-maritime-leader/ Sun, 19 Jul 2026 19:58:11 +0000 https://new.marexmedia.com/?p=5010 ]]> Capt Kiran Joshi (1960–2026)

Capt Kiran Joshi, born in Pune in 1960 and locally raised, joined the mercantile marine immediately after high school as a trainee with SCI. As a first‑year cadet in 1979–80, I had the privilege of serving as his master. He went on to serve the Shipping Corporation of India for over four decades with distinction. The maritime fraternity was deeply shocked by his untimely demise on the night of 9 July due to a severe cardiac arrest — a poignant reminder that life has no fixed goalpost.

Capt Joshi was an exceptionally humble and competent Master Mariner who, in recent years, dedicated himself to assisting seafarers through teaching, mentoring, and examining. His popularity was evident in the large number of colleagues and friends who gathered to pay their last respects on 10 July at Vaikunth.

He will be especially missed in Pune, where he was an active member of the IMF Council, a CMMI Warden, and a committed organiser of National Maritime Day, International Day of the Seafarer, and World Maritime Day events. Even during his sailing days, particularly during my tenure as the first Chairman of CMMI Pune in 2000, Capt Joshi was a keen participant and contributor to the city’s maritime activities.

Capt Joshi leaves behind cherished memories and a loving family — his wife Rajashee, son Rohit, and daughter Riddhi, who is soon to be married in January 2027.

We at Marex join the maritime fraternity in prayers, seeking strength for his family and friends to bear this untimely loss.

RIP Capt. Kiran Joshi. You will be deeply missed.

Submitted by Capt Sudhir Subhedar

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Marex Bulletin – 20th July 2026 https://new.marexmedia.com/2026/07/19/marex-bulletin-20th-july-2026/ Sun, 19 Jul 2026 19:56:38 +0000 https://new.marexmedia.com/?p=5006
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