Odisha’s 6 national waterways deemed viable for transportation

Odisha Identifies Six National Waterways to Boost Cargo Transport and Cruise Tourism

The Centre has identified six national waterways in Odisha suitable for cargo, passenger movement, and cruise tourism. Minister Sonowal confirmed their viability after consulting with the state government. NW-5, with a 30 million metric ton capacity, aims to connect industrial areas with ports. Plans for NW-14 and other waterways include infrastructure development for tourism and transportation.

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WISTA Hosts Inaugural International EXCO Conference in India

WISTA to Host Inaugural International EXCO Conference in India to Promote Diversity in Maritime Sector

The Women’s International Shipping and Trading Association (WISTA) will host its mid-term meeting in India for the first time, marking a significant milestone in maritime diversity. The inaugural WISTA International EXCO Conference on April 9, 2024, will focus on sustainable shipping, showcasing women’s vital contributions in this evolving industry.

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Baltic Exchange Enters Chemical Tanker Market

Baltic Exchange Launches New Chemical and Agricultural Oil Assessments for Maritime Industry

The Baltic Exchange has launched the Baltic Chemical and Agricultural Oil Assessments (BCAA) to provide weekly insights into trade routes involving chemicals and vegetable oils. These assessments, priced in USD per metric ton, cover shipments of 5,000 mt or 10,000 mt, reflecting the unique characteristics of chemical tankers. The BCAA aims to serve various stakeholders.

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Amogy Expands Operations To South Korea

Amogy Expands into South Korea to Drive Ammonia-Powered Energy Solutions

Amogy, a provider of ammonia-to-power solutions, has expanded into South Korea by opening an office in Pangyo Techno Valley. This strategic move brings Amogy closer to established investors and partners in the region, including SK Innovation, Samsung Heavy Industries, and Hanwha. South Korea’s early adoption of clean tech influenced Amogy’s decision to establish a local presence.

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Center advocates for policy push to establish new clusters and increase shipbuilding yards

India’s Initiative to Modernize Shipbuilding Yards and Attract Investment

The Ministry of Ports, Shipping, and Waterways in India is pushing a $2-3 billion policy to modernize shipbuilding yards. Major players like MSC are interested. Shipbuilding yards are crucial for constructing new ships. MSC is considering setting up a yard in Gujarat due to China’s capacity constraints. Efforts include capacity expansion, technology upgrades, and partnerships.

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Wingd Debuts On-Engine SCR

WinGD Launches First On-Engine NOx Reduction Technology for Marine Engines

WinGD has achieved type approval for its on-engine NOx reduction solution, a breakthrough in engine technology. The integrated Selective Catalytic Reduction (iSCR) system was tested on three engines at a Japanese factory, offering cost reductions and improved efficiency. This milestone ensures compliance with regulations and enhances operational flexibility for ship operators.

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