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India: Govt. will foster blue economy, attract capital to propel maritime industry
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Monday said that the government's vision is to foster a blue economy, promoting the development of green ports, sustainable infrastructure, cruise tourism and attracting global investments to propel the maritime industry forward... -Business StandardPosted On:10-Oct-2023
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Mundra Port Commemorates 25 Years of Success
Mundra Port is celebrating its 25th anniversary as one of the largest ports globally. Since its first ship berthed in 1998, the port has grown to become a crucial trade gateway and a multimodal hub that drives trade and economic progression. It has contributed over Rs. 2.25 lakh crore to the state and national exchequer in the past 25 years and generated employment exceeding 7.5 crore man-days... -Crew MirrorPosted On:10-Oct-2023
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Kitack Lim says EU pivotal in IMO's green policy making
Outgoing International Maritime Organization (IMO) Secretary General Kitack Lim says working with the European Commission was a “unique experience” that had its “positive elements”. Lim will hand over the leadership of the IMO to Panama’s Arsenio Dominguez Velasco on 1 January next year,.. -Seatrade Maritime NewsPosted On:10-Oct-2023
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Marine "Biomimetics" Could Be the Blue Economy's Next Big Hit
Deep in the Pacific Ocean, a strange, diaphanous balloon drifts by. Inside, tunnels and chambers coil like a miniature floating Guggenheim around the talented architect within: a tadpole-like creature called a larvacean. Incredibly, the organism has crafted this entire structure out of mucus... -The Maritime ExecutivePosted On:10-Oct-2023
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Wilhelmsen And Thyssenkrupp Collaborate On New 3D Printing
Maritime and offshore industry spare parts will now be delivered more efficiently through new technology. Saving cost and time, the use of additive manufacturing or 3D printing brings a whole new way of ensuring operations keep up momentum and waiting times at a minimum... -Marine InsightPosted On:10-Oct-2023
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Methanol's colour coding conundrum
Methanol is a synthetic fuel that is rapidly gaining prominence as an alternative energy source in the superyacht industry. This is primarily due to its relatively straightforward storage and reduced harmful emissions, making it an appealing solution for those aiming to lessen their operational environmental impact... -SuperyachtNews.comPosted On:10-Oct-2023
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Collaboration and Data-Driven Approach Required to Improve Safety at Sea, Report
Cooperation, collaboration, and data-driven approaches are essential to improve safety standards and reduce the human, environmental, and financial repercussions of maritime incidents, according to the Future of Maritime 2023 Report. The report – which is produced annually by Inmarsat – found that while overall vessel losses have decreased there is a persistent high volume of distress calls from ships at sea,.. -Nautilus InternationalPosted On:10-Oct-2023
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Changes to RoFR Policy in Public Tenders for Cargo Transport in India
The Indian government has made changes to the priority order of the right of first refusal (RoFR) policy in public tenders for cargo transport. This was necessary due to the emergence of a new category of fleet owners operating in GIFT City, India’s first International Financial Services Center... -Crew MirrorPosted On:10-Oct-2023
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Half of APM Terminals’ Renewable Electricity Target Achieved
APM Terminals, a global container terminal operator, has announced that around 40% of its global electricity consumption at its terminals now comes from renewable sources. This marks a four-fold increase compared to 2020. The company has been focusing on equipment electrification, energy optimization, and sourcing renewable electricity,.. -Crew MirrorPosted On:10-Oct-2023
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During ongoing conflict, Chevron ceases offshore gas production in Israel
Europe’s natural gas futures experienced a rally as Chevron stopped production in an Israeli gas field, potentially leading to supply shortages in the eastern Mediterranean region. The benchmark contract rose by as much as 14%, reaching its highest point in seven weeks. Chevron was asked to switch off the Tamar offshore natural gas platform due to security concerns following attacks by Hamas... -Crew MirrorPosted On:10-Oct-2023
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The Potential Implications of the Recent Israel Attack on Oil
The recent conflict between Hamas and Israel has raised concerns about the potential destabilization of the Middle East and its impact on the global oil market. While it is unclear how the current situation will compare to past conflicts, it has the potential to reshape the geopolitical landscape of the region... -Crew MirrorPosted On:10-Oct-2023
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Frontline attains top position as the largest dedicated tanker company
Frontline, owned by John Fredriksen, has announced the acquisition of 24 Very Large Crude Carriers (VLCCs) from Euronav, solidifying its position as the largest listed pure-play tanker company. The acquisition comes as part of a resolution to Frontline’s year-long dispute with Compagnie Maritime Belge (CMB) over control of Euronav... -Crew MirrorPosted On:10-Oct-2023
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The seafarer of the future: An era of inevitable transformation
New challenges and opportunities lie ahead for seafarers as the maritime industry undergoes a major evolution, driven chiefly by its energy transition. From autonomous ships to smart ports, from cyber threats to climate change – seafarers of the future will need to adapt to an everchanging maritime environment and acquire new skills and competencies... -Cyprus MailPosted On:10-Oct-2023
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3 ships collided, pushing 1 aground, Azov sea, Russia
It all started in the afternoon Oct 8 after general cargo ship SORMOVSKIY 3067 anchored in river Don near estuary, Russia, Azov sea, dragged her anchor and drifted downstream, colliding with anchored ore/oil carrier NEFTERUDOVOZ-52M, with SORMOVSKIY 3067 propeller entangling in anchor chain of NEFTERUDOVOZ-52M... -FleetMonPosted On:10-Oct-2023
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More than 20 crew poisoned by spilled chemical on board of ferry
A cylinder or barrel with chlorine fell from forklift in cargo deck of ferry FILIPINAS SURIGAO DEL NORTE at Cebu port, Philippines, in the afternoon Oct 7 during loading. More than 20 crew were exposed to spilled sulfuric acid, including Captain, and were taken to hospital, suffering from nausea and vomiting, after inhaling poisonous vapors... -FleetMonPosted On:10-Oct-2023
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