Yearly Archives: 2024
Red Sea Crisis: A $30 Billion Blow To Indian Exports
The Research and Information System for Developing Countries projects a substantial setback for Indian exports, estimating a $30 billion impact due to the...
USS S Labone Downs Drone Amidst Rising Regional Tensions
The USS S Labone intercepted a Houthi-controlled drone near the Red Sea, prompting self-defense measures, as global powers warn against further attacks.
The...
Sailing Against The Tide: The Shipping Industry’s Reluctant Green Voyage
The shipping industry's green transition falters due to an aging fleet fueled by sanctions avoidance and economic incentives.
Regulatory efforts struggle against the...
Maersk Tankers Acquires Penfield Marine
Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider...
Lessons Learned: Incorrect Gangway Rigging
IMCA, in its Safety Events, discusses 2 incidents of incorrect gangway rigging.
What happened
A member reports several cases of gangways being rigged incorrectly.
Incident 1
What went...
Denmark & India Collaborate On Green Fuels
Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the...
Ship Robbery In Asian Waters Crossed 100 In 2023
This year some 30 category-3 incidents occurred in Asian water, also up from 21 held in last year.
The ReCAAP ISC has classified...
No Reason To Panic About EU ETS – Unless You Are Not Fully Prepared
The European Union is ushering the industry into the Emissions Trading System (ETS) and with it drawing the kind of objections.
EU ETS...
Rotor Sails Taking Off
Dry bulk charterers, cargo owners and leading ship operators are amongst those driving demand for wind sail propulsion systems.
Anemoi Rotor Sails, known...
India-US Shippers Hit By GRI And PSS Rate Hikes
Container lines are inundating Indian shippers with notices of GRI and PSS.
This hike supplements two prior announcements, with increments of US$500 per...