Odisha Government Invites Global Investors for Maritime Sector Development Initiatives

The Odisha Government is transforming its maritime sector by inviting global investors to submit Expressions of Interest (EOI). This initiative focuses on developing Non-Major Ports, Cruise Terminals, and more, aiming to enhance cargo capacity, boost tourism, and stimulate trade. Eight key sites along Odisha’s coastline are designated for development.

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Wärtsilä Launches Advanced 4-Stroke Ammonia Engine for Sustainable Marine Decarbonization

Wärtsilä has introduced its advanced 4-stroke ammonia engine, achieving a 90% reduction in greenhouse gas emissions compared to diesel engines. This engine, part of the Wärtsilä 25 platform, utilizes a low-pressure Otto cycle design, ensuring safety and efficiency. Initial deliveries are expected by 2026, supporting the shipping industry’s decarbonization efforts.

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New Trawl Sonar FS80 Launched for Enhanced Sustainable Fishing Technology

Kongsberg Discovery has unveiled the FS80 Trawl Sonar, a revolutionary system that enhances pelagic trawling by integrating net monitoring, intake profiling, and bottom detection in a compact design. Showcased at the Pacific Marine Expo, this advanced technology aims to improve operational efficiency for fishery operators, promoting sustainable fishing practices.

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NAICOM and Ghana Team Up to Boost Marine Insurance in West Africa

To enhance intra-African cooperation, the National Insurance Commission (NAICOM) has partnered with Ghana’s insurance regulatory authority. This collaboration aims to improve marine insurance practices in West Africa through knowledge sharing and regulatory harmonization, fostering local marine insurance coverage in Ghana and strengthening ties for a unified market attractive to global reinsurers.

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Embracing AI and Data Analytics for Industry Growth

Shipping is at a crucial juncture, poised for digital transformation through AI and predictive analytics. However, challenges like data fragmentation and resistance to transparency persist. To enhance operational efficiency and drive revenue, stakeholders must prioritize data consolidation and embrace advanced technologies, ensuring adaptability in an evolving maritime landscape.

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Thailand Enhances Seafarer Protections with Maritime Labour Act Amendments

On May 28, 2025, Thailand’s cabinet approved amendments to the Maritime Labour Act, enhancing seafarer protections to meet international standards. The revisions include employment contracts under the Social Security Act, prohibiting underage employment, and granting the Marine Department authority over training certifications, significantly improving labor conditions for seafarers.

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