The Indian Maritime University (IMU) has achieved significant milestones through strategic partnerships. An MoU with RK Mehrotra Holding Pvt. Ltd. will bring a $1.5 million investment for an Endowment Portfolio and a $0.72 million Centre of Excellence in Maritime. Another MoA with IME(i) will sponsor two JRFs with ₹18 lakhs to enhance research in the maritime sector.
The United Arab Emirates has prohibited ships flying the flag of landlocked Eswatini from entering its ports. The move is a response to vessels involved in transporting Russian oil, with Cameroon’s flag also on the restricted list. Safety concerns have emerged regarding lesser-known flags post-Ukraine invasion. Eswatini’s ship count is minimal.
Royal Caribbean partners with Greensea IQ for robotic hull cleaning on two of the largest cruise ships. The EverClean Service uses advanced underwater robotics technology to automate cleanings, reducing costs and emissions. The Allure of the Seas and Harmony of the Seas will benefit from this eco-friendly solution, improving efficiency and sustainability.
Many of Greece’s ports are deemed inadequate and dangerous by the Panhellenic Union of Merchant Marine Masters. The annual report highlights neglect and the urgent need for significant investments to address issues faced in ports across Greece. PEPEN advocates for increased attention and investment, emphasizing safety concerns and infrastructure challenges.
Brunvoll secures a deal with Tersan Shipyard to provide propulsion systems for two 150-meter chemical tankers owned by Tune Chemical Tankers. The agreement includes an option for two more vessels, showcasing potential future collaboration. The system features advanced technology to optimize fuel consumption and enhance maneuverability, highlighting a commitment to innovation and excellence in shipbuilding.
The International Maritime Film Festival is accepting final submissions until tomorrow, August 9. Celebrating maritime heritage and ocean adventure, the event will take place in person at the Alamo Theater in Maine from September 26-28, with an online component on Vimeo from October 1-31. Cash prizes and recognition await the winners.
Garware Marine Industries reported remarkable Q1 results on 06 Aug, 2024, with a 104.38% revenue increase and a 7516% profit surge year-over-year. Quarterly, the company saw a 170.78% revenue spike and a 388.05% profit increase. Stock performance reflected strong growth, with a 247.15% year-to-date return and positive market sentiment.
Indonesian authorities are currently investigating a tragic incident involving an interisland tanker, the Elisabet Satu, which caught fire and exploded off the coast of Tepekong near Bali. The incident resulted in the loss of five crewmembers, with three severely burned and 12 others sustaining lesser injuries out of the total 21 crewmembers on board.
The Australian Maritime Safety Authority (AMSA) has awarded five scholarships at the University of Tasmania, totaling A$47,000, to promote diversity in the maritime industry. Recipients include Tenisha Jones, Angelica Starlight, Samantha Roser, Kyla Fuller, and Tracey Vella, highlighting the importance of addressing skills shortages and underrepresentation of women and Indigenous peoples.
Search efforts to locate a crew member who fell off a cargo ship in the ocean off Southern California were unsuccessful, leading the Coast Guard to suspend the search after nearly 15 hours. The incident occurred near Point Conception, with multiple assets deployed for the search before the decision was made to halt.
The Australian Maritime Safety Authority (AMSA) has awarded Glenn Hanson and Dan Probert from the University of Wollongong the Academic Excellence Scholarship for 2024, recognizing their exceptional academic achievements. This $10,000 scholarship supports students pursuing maritime policy studies, aiming to enhance skills and knowledge in the maritime industry.
The 2024 Inmarsat Maritime report underscores the critical role of sharing safety data to enhance maritime security. By fostering collaboration and transparency, the industry can improve situational awareness and operational efficiency. Emphasizing crew involvement in design and proactive safety measures, it advocates for a robust safety culture to address emerging threats effectively.
Chief executives of key maritime trade bodies are pressuring the UK Government to release a crucial plan for decarbonizing the sector. Concerns over falling behind in emissions reduction efforts compared to aviation are mounting. Industry leaders are eager for a refreshed plan to meet new targets and maintain competitiveness, urging swift action.
Maersk continues its fleet renewal program with 800,000 TEU of dual-fuel container ships to maintain a competitive edge. Orders and time charter agreements for 50-60 vessels are in progress, totaling 300,000 TEU in own capacity and 500,000 TEU chartered. Maersk aims for decarbonization and operational flexibility with a focus on green fuel.
Ghana’s new maritime law aims to streamline operations, regulate fees, and boost the country’s position as a transit trade hub. Key trade associations are optimistic about the Ghana Shippers’ Authority law, believing it will reduce costs and enhance efficiency in the shipping sector. The law targets unfair charges to promote fair pricing and accountability.
