A new report warns that the maritime industry’s decarbonization goals are jeopardized without urgent action. Released by the Environmental Defense Fund and Lloyd’s Register, it identifies over $1 trillion in investment gaps threatening climate objectives. Innovative financing strategies, like the Maritime Multiplier and Time Stacked Offtake, are essential for attracting necessary capital.
Vizhinjam International Port has marked a milestone with the arrival of the MSC Virginia, a container ship measuring 16.95 meters in draft, the deepest at the harbor. This achievement, celebrated during the Onam Festival, demonstrates the port’s capability to handle large vessels, solidifying its status as a premier deep-water hub in India.
Haldia Dock Complex (HDC) celebrated a major milestone with the arrival of the MV SITC ZHI, the deepest-draft container ship ever handled at the port. This achievement showcases HDC’s enhanced capabilities and commitment to supporting global trade, reaffirming its position as a vital hub in India’s logistics network.
The Global Sumud Flotilla’s primary vessel, the “Family Boat,” was reportedly struck by a drone in Tunisian waters, carrying activists like Yasemin Acar and Greta Thunberg. Although the boat suffered fire damage, all six onboard are safe. The GSF remains undeterred in its mission to support Gaza’s residents.
The Director General of Maritime Administration plans to blacklist 86 foreign ships linked to the abandonment of Indian seafarers. This move aims to address human rights issues and enforce compliance among Recruitment and Placement Services License holders, ensuring repatriation and wage settlement for affected seafarers, amidst rising concerns in the shipping industry.
ClassNK has granted Approval in Principle (AiP) for an ammonia-fueled LPG/NH3 carrier, a collaboration between Kawasaki Heavy Industries and MITSUI E&S. This certification confirms the vessel’s compliance with regulatory and safety standards, marking a significant advancement in the maritime industry’s shift towards zero-carbon fuels like ammonia.
BIO-UV Group has introduced a containerized ballast water treatment system for the offshore wind sector, essential for compliance with regulations against invasive species. Funded by the EU’s ELBE EUROCLUSTER, the system utilizes BIO-SEA technology in standard containers, enabling on-site treatment during windmill assembly. Initial trials confirm its effective dual-stage treatment capability.
The World Shipping Council (WSC) reported that in 2024, 11.39% of inspected freight deliveries contained defects, up from 11% previously noted by the IMO. Issues included misdeclared dangerous goods and inadequate packaging. WSC President Joe Kramek emphasized the importance of proper labeling to ensure safety for ships and the environment.
Quaze Technologies has partnered with Vatn Systems to revolutionize underwater robotics by introducing fully autonomous, remote wireless charging for underwater vehicles (AUVs). This collaboration enhances AUV operational capabilities for the U.S. military, addressing traditional recharging challenges. Integrated wireless charging will boost endurance while reducing maintenance and operator risk in maritime operations.
Bhubaneswar: BJD President Naveen Patnaik attended the “Voyages: The Ancient Maritime Silk Route” exhibition in New Delhi, curated by Jaya Mani. The event highlights South Asia’s coastal heritage, with a focus on Odisha. Patnaik praised artists Suresh Muthukulam and Gunjan Jain for their contributions, celebrating the region’s rich maritime history.
In 2024, maritime casualties rose by 15%, driven by machinery failures and an aging fleet, with 44% of vessels over 25 years old. Incidents have surged 42% since 2018, raising safety concerns. Shipowners must enhance maintenance and adopt new technologies to address these escalating risks and ensure safer operations.
Japanese shipping giant Mitsui O.S.K. Lines (MOL) is partnering with Oil and Natural Gas Corporation (ONGC) to build and operate two very large ethane carriers (VLECs), ensuring stable feedstock supply for ONGC Petro Additions Ltd. (OPaL) in Dahej, Gujarat. Each carrier will cost approximately $370 million, with delivery expected by mid-2028.
Sri Lanka’s Minister of Transport, Bimal Rathnayake, has invited Saudi Arabia to the International Maritime Summit in Colombo, aiming to enhance maritime cooperation. Discussions with Saudi Arabia’s Transport Minister focused on strengthening ties and exploring transport opportunities. The summit will address sustainability and innovation in the maritime sector, attracting various stakeholders.
On September 4, 2025, Singapore and India signed a memorandum of understanding in New Delhi, launching a Green and Digital Shipping Corridor. This initiative aims to enhance maritime decarbonization and digitization, facilitating zero-emission operations and promoting innovative green technologies. The partnership builds on earlier commitments to revolutionize the maritime sector.
On Saturday, Microsoft reported increased latency for Azure users due to undersea cable cuts in the Red Sea. Although the disruptions were acknowledged and traffic rerouted, permanent repairs may take longer. Internet traffic monitor NetBlocks identified the cuts near Jeddah, highlighting the vulnerability of subsea cables to both accidental and intentional damage.
