DGFT launches investigation in to sugar shipments redirection to Sri Lanka

Investigation Launched into Diverted Indian Sugar Shipment Meant for Maldives

An ongoing investigation is probing a sugar shipment from India meant for the Maldives but redirected to Sri Lanka. The Directorate General of Foreign Trade is scrutinizing the situation, with reports of halted exports to the Maldives and Sri Lanka suspending clearance. Invoices and export regulations violations have added complexity to the case.

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Sustainable Maritime Training: Addressing Safety and Competencies for Green Fuels

The maritime industry is shifting towards sustainability with zero and near-zero greenhouse gas emission fuels like ammonia, methanol, and hydrogen. Seafarers need new skills to handle these “green molecules” safely. The current STCW Convention lacks specific training for these fuels, prompting calls for a comprehensive overhaul. Key competencies and knowledge areas have been identified for seafarers.

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BEML partners with Mazagon Dock Shipbuilders to develop marine technology

BEML and Mazagon Dock Collaborate to Enhance Marine Technology in India

BEML Ltd., a government-owned company, has partnered with Mazagon Dock Shipbuilders to develop innovative technologies for the marine industry. The collaboration aims to enhance India’s maritime capabilities and drive innovation in strategic equipment manufacturing. BEML will provide technical support, while Mazagon Docks offer research facilities for testing and validation.

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Shipping industry struggling with seafarer shortage challenge

Global Shipping Faces Seafarer Shortage Amid Geopolitical Tensions and Safety Risks

The global shipping industry is grappling with a shortage of skilled seafarers, leading to fake resumes, accidents, and higher freight charges. Geo-political events like the Russian-Ukraine confrontation have worsened the situation, affecting the availability of experienced seafarers. Addressing this crisis is crucial due to its impact on safety and the global supply chain.

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BIMCO Introduces 2024 Time Charter Clause for Compliance and Decarbonization

The FuelEU Maritime Regulation, effective January 1, 2025, requires action from maritime stakeholders. BIMCO’s FuelEU Maritime Clause for Time Charter Parties 2024 aims to align contracts with the regulation. Ship owners must comply, with the option to delegate to third-party ship management. BIMCO’s carbon clauses portfolio supports industry decarbonization efforts.

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Andhra Pradesh Aims to Become Leading Maritime Hub with New Policy Initiatives

Chief Minister Chandrababu Naidu envisions Andhra Pradesh as a Maritime Hub, emphasizing innovative policies, infrastructure development, and efficient governance. His 10-point formula for a proposed maritime policy focuses on port development, shipbuilding clusters, and allied maritime activities. Naidu aims to attract global investors, integrate tourism and green energy initiatives.

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EU Project Enhances 5G Connectivity for Maritime Operations Beyond Coastal Areas

A new EU-funded project led by VTT has successfully tested a groundbreaking solution to extend 5G network coverage and capacity beyond coastal areas, improving communication, safety, and passenger experiences in maritime operations. This project showcases Finland’s expertise in 5G technology and represents a significant advancement for the shipping industry.

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Seafarer Salaries Rise Amid Labor Shortage and Industry Demand

Recent reports have shown an increase in seafarer salaries due to a labour shortage. Survey results from Danica Crewing Specialists indicate wage hikes across all vessel types. CEO Henrik Jensen attributes this to a shortage of competent seafarers and improved financial situations. The trend highlights the industry’s need for skilled workers and competitive compensation.

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