Finland’s Bluetech has partnered with INSW to develop the ‘SeaWasp’ tanker, focusing on wind propulsion while integrating with INSW’s MR fleet. Enhanced by Norsepower’s Rotor Sails, the design achieves substantial fuel savings, with projected annual reductions of 597.2 metric tons, improving efficiency by 13.5% under optimal conditions.
The European Commission has launched its Sustainable Transport Investment Plan (STIP) to boost the aviation and maritime sectors’ energy transition. By 2035, around 20 million tonnes of sustainable fuels will be needed, requiring a €100 billion investment. The plan aims for climate neutrality by 2050, emphasizing regulatory stability to attract funding.
Western sanctions on Russia and Iran have caused unprecedented oil storage levels on vessels, as noted by Gunvor Group’s CEO, Torbjorn Tornqvist. Targeting major producers like Rosneft and Lukoil, these sanctions disrupt trade while maintaining a delicate balance in global oil supply. Mercuria’s CEO also predicts a potential supply surplus next year.
StormGeo has launched its Next Generation s-Insight Bunker Management platform, revolutionizing bunker planning and procurement in the shipping industry. This innovative solution integrates planning, procurement, and compliance, enhancing collaboration and transparency. Users benefit from advanced tools for smarter decision-making, leading to notable efficiency improvements and significant cost savings.
The cargo ship Shetland Trader experienced a blackout while arriving at Cowes on November 4, colliding with private boats. Fortunately, no injuries were reported, but several vessels were damaged. The ship, which has a history of operational issues, is now under investigation following the incident.
Seafarers face significant challenges in accessing shore leave, with a 61% decline in time spent at welfare centers since the pandemic began. A study revealed that nearly 70% of crew members now have less than two hours ashore, highlighting barriers like short port stays and company restrictions affecting their well-being.
Commerce and Industry Minister Piyush Goyal announced a proposed bilateral free trade agreement between India and New Zealand, aimed at enhancing trade and investment. Speaking alongside New Zealand Prime Minister Christopher Luxon, he highlighted mutual benefits, emphasizing collaboration in sectors like maritime, aerospace, and defense, as well as education and tourism.
On Kartik Purnima, Odisha comes alive with vibrant festivities as devotees partake in the Boita Bandana ritual. Early morning sees crowds at rivers and ponds, launching banana bark boats adorned with lamps and incense. This celebration honors ancient maritime traditions, symbolizing community unity and the blessings of Lord Jagannath.
In February, the Anglo-Eastern Maritime Academy inaugurated the world’s first operational LNG/ammonia bunkering station skid in Karjat, Mumbai. This initiative aims to equip seafarers with essential skills for handling alternative fuels. The academy offers specialized training courses on methanol and bunkering practices, supporting the maritime industry’s shift toward sustainable operations.
The Dredging Corporation of India Limited (DCIL) has signed 22 MoUs worth Rs 176.45 billion during the India Maritime Week 2025. Collaborating with major ports and organizations, these agreements focus on dredging operations over the next five years, enhancing India’s maritime capabilities and aligning with the government’s Maritime India Vision 2030.
Honeywell has launched a groundbreaking technology to convert agricultural and forestry waste into renewable fuels for the maritime sector. This innovation produces lower-carbon marine fuel, gasoline, and sustainable aviation fuel from biomass like wood chips. It provides a cost-effective, eco-friendly alternative to heavy fuel oil, enhancing energy efficiency for ship operators.
On Wednesday, the Department of Foreign Affairs (DFA) assured deported Filipino seafarers of support and pledged to raise their issues with US officials. The seafarers, expelled under allegations of discrimination and due process violations, requested a diplomatic protest. The DFA will collaborate with relevant agencies to investigate and provide assistance.
Egypt’s Suez Canal revenues rose by 14.2% year-on-year from July to October, thanks to improved Red Sea conditions and increased traffic. In October alone, 229 ships transited the canal, the highest since the regional crisis began. The positive atmosphere post-Sharm el-Sheikh summit has encouraged carriers to resume routes.
The VOC Port in Tuticorin was honored as the ‘Green Visionary’ at the India Maritime Week 2025 for securing ₹90,936 crore in investments. The port signed 29 MoUs, emphasizing green energy initiatives, including a ₹25,400 crore agreement for a storage facility for green ammonia, positioning it as a leading Green Hydrogen Hub.
AST Networks has launched MODULA, a flexible hybrid connectivity solution tailored for maritime, offshore, and remote land customers. This innovative service allows users to customize their connectivity by integrating Low Earth Orbit (LEO), Geostationary (GEO), and cellular networks, ensuring reliable communication and efficient cost management across diverse operational environments.
