Global shipping is moving towards sustainability, with shore power becoming crucial to reduce emissions and improve efficiency. Ports and shipping lines worldwide are embracing shore power to meet environmental regulations. Cavotec offers recommendations for India to align with regulatory frameworks and ensure safety. Planning for future needs is essential for successful implementation.
Thanks to additional funding from the ITF Seafarer’s Trust, thousands of cadets in India will now receive comprehensive wellness training and support through the Sailors’ Society’s new program. The collaboration aims to equip cadets for successful maritime careers by addressing their well-being and preparing them for life at sea.
The Damen Maaskant shipyard in Stellendam is renowned for converting icebreakers into expedition yachts. Eric Moerkerk, the Managing Director, has led the shipyard to significant growth through innovative project control strategies. With revenue tripling to €100 million and the workforce doubling, the shipyard’s reputation for new vessel construction and yacht conversion continues to grow.
The Indian Coast Guard intercepted 53 kilograms of ganja near the India-Sri Lankan maritime boundary line, valued at Rs 60 lakh. The operation, conducted this morning, utilized an air-cushion vehicle to discover packages on First Island. Further investigation led to the recovery of twelve abandoned packets. The contraband will be handed over to Customs for action.
Shipping companies navigating the Baltic Sea may soon face a new fee to protect critical undersea cables, proposed by Estonia’s defense minister. NATO plans to deploy frigates, patrol aircraft, and drones to address cable damage incidents. The initiative aims to enhance security measures to prevent future disruptions and ensure maritime safety in the region.
The chief engineer of a Chinese-owned ship was sentenced to prison after admitting to breaking environmental laws by concealing the illegal discharge of oily waste. Feu Wang, 38, was given a three-month prison term and fee of $200. The US Coast Guard led the investigation, uncovering fraudulent log entries and improper disposal practices.
The Yashwantrao Chavan Maharashtra Open University and Vadhvan Port Project Ltd have partnered to provide skill-based training for students, focusing on the operational needs of Vadhvan Port. This collaboration aims to create more job opportunities and equip students with the necessary skills for the maritime industry.
d’Amico International Shipping, a leading marine transportation company specializing in the product tanker market, recently signed time charter agreements for five vessels through its subsidiary d’Amico Tankers D.A.C. These deals, with reputable counterparties, at profitable daily hire rates, demonstrate the company’s strategic approach to maximizing profitability in a competitive market.
Storm Herminia has prompted urgent responses from the Italian Coast Guard, addressing two vessel groundings in under 24 hours. The fishing vessel Calimero Sampa partially capsized off Cesenatico, leading to a swift rescue of its crew. The next day, the hopper dredger Guang Rong grounded in Marina di Massa, sparking safety concerns.
Royal Caribbean is poised for a successful year in 2025, with a projected 23% increase in earnings. Share prices surged by 12% on the news, exceeding analysts’ estimates. The company’s record-breaking start to the “WAVE” season is attributed to new ship investments. CEO Jason Liberty announced plans for Celebrity River Cruises, impacting industry rival Viking Holdings.
Maersk believes Tanjung Pelepas (PTP) will remain vital in the Gemini network, despite speculation of Evergreen moving to Singapore. PTP’s strategic location and major sea routes make it a key link. The Alliance reorganization will impact global reliability. PTP is expanding to meet demand, with concerns about capacity constraints amid shifting industry dynamics.
Greek companies Terna Energy and Motor Oil have partnered to develop Greece’s first offshore wind farm, in line with the government’s strategy to expand renewable energy sources. With Terna Energy’s expertise and experience, the joint venture aims to reach a total installed capacity of 6 GW by 2029, starting with a 400 MW wind farm by 2030.
Bulgarian shipping company Navibulgar recently released images of the anchoring system aboard the bulker Vezhen, detained for dragging its anchor and damaging a subsea cable. CEO Capt. Alexander Kalchev explained the chain stopper failed gradually due to rough weather conditions. He insists the incident was accidental, with no deliberate sabotage.
An explosion on a Hong Kong-flagged container ship in the Red Sea led to the crew’s evacuation, off the coast of Hodeida, Yemen. The cause of the fire was unclear, but Houthi rebels have targeted the region. Despite a ceasefire announcement, the incident was not acknowledged by the rebels, impacting international trade in the area.
The Sea-Intelligence end-of-year report for 2024 revealed that containership schedule reliability remained consistent around 50%-55%, slightly lower than the previous year. Despite challenges like diversions and longer travel times, the industry maintained a yearly average of 53%. Maersk led with over 60% reliability, aiming to exceed 90% with new routes.
