Shiv Shipping Services, based in Gandhidham, has set a new record by discharging 79,780 MT of steam coal from the MV KMAX RULER at Kandla Port in just 24 hours. This milestone, achieved from May 29 to May 30, 2025, underscores the company’s operational excellence and commitment to efficiency.
The captain of a container ship admitted to gross negligence in a London court after a collision with a US tanker off Great Britain’s east coast, resulting in a crew member’s death. Vladimir Motin’s confession raises serious concerns about maritime safety and the responsibilities of ship captains in preventing such tragedies.
The Life Insurance Corporation of India (LIC) has fully subscribed to a ₹5,000 crore non-convertible debenture for Adani Ports, marking a significant domestic debt raise. With a 7.75% annual coupon, this 15-year bond reflects APSEZ’s commitment to optimizing its capital structure, enhancing financial resilience for future growth and acquisitions.
Japan’s coast guard dispatched a patrol vessel to aid an injured crew member aboard the Chinese survey ship Ke Xue near Miyako Island. The request for assistance came after the crew member suffered a hand injury during operations in disputed waters, highlighting ongoing tensions between Japan and China.
Fingrid announced that the Estlink 2 power cable, damaged last December, will resume operations on June 25, earlier than the expected July 15. The rapid progress on repairs follows a maritime incident involving a ship snagging its anchor on the cable, highlighting Fingrid’s commitment to restoring vital infrastructure.
Researchers at UC Santa Barbara have discovered that new digital systems for container ships can cut greenhouse gas emissions by 16-24%. By replacing outdated berthing practices with an electronic queueing system, ships can secure their place based on departure times, reducing congestion and fuel consumption, thus aiding climate change efforts.
The Indian government is launching a sustainability indexing system to evaluate ship age, replacing sole age restrictions. This initiative aims to modernize the fleet while meeting international emissions standards, allowing older vessels to operate under specific sustainability criteria. Compliance is mandatory for all ships by March 31, 2028.
Gujarat Pipavav Port Ltd reported a consolidated net profit of £3,969 million for the 2025 financial year, a 16% increase fueled by rising fluid and RO-RO freight volumes. Despite profitability, income remained flat at £9,876 million, impacted by lower container throughput and dry bulk freight challenges. A final dividend of £4.20 per share was recommended.
The International Bargaining Forum (IBF), comprising the International Transport Workers’ Federation (ITF) and the Joint Negotiating Group (JNG), has secured a significant pay agreement for over 250,000 seafarers. The new terms include a 3.5% wage increase in 2026 and 1.5% in 2027, enhancing compensation for maritime workers globally.
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.
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.
The sinking of the MSC Elsa-3 off Kerala’s coast has raised alarms over maritime safety. Captain Naveen Singhal attributed the disaster to improper container loading, leading to stability issues. He emphasized the risks of under-declared container weights, urging for improved verification methods to prevent such hazardous incidents in the future.
A fishing vessel sank off Drogheda, Co Louth, early this morning, triggering a rapid rescue by the Irish Coast Guard helicopter R116. After detecting an EPIRB signal, the crew located two individuals in the water using advanced night vision technology. Both were rescued and transferred to medical care, emphasizing the operation’s success.
On May 28, 2025, Shantanu Thakur inaugurated significant projects at Deendayal Port Authority, highlighting a commitment to enhancing seafarer welfare and operational excellence. Key developments include a Seafarer Centre with premium amenities, an extended railway infrastructure for better cargo efficiency, and a new telescopic gangway for safer vessel access.
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.
