IMO Adjourns, Industry Responds

Marine Industry Reacts to IMO’s Delay on Net-Zero Framework

Ahead of a crucial vote at the IMO, billionaire Andrew Forrest criticized alleged “intimidatory tactics” affecting delegates’ integrity. He pledged support for those facing coercion, stressing the need for justice. Despite these concerns, the Marine Environment Protection Committee postponed discussions on the Net-Zero Framework for a year, disappointing industry leaders.

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Dredging Corporation of India Acquires Two New Dredgers from Cochin Shipyard

The Dredging Corporation of India (DCI) has announced a Rs 2,000 crore investment to acquire two Trailer Suction Hopper Dredgers from Cochin Shipyard Limited. This comes with the inauguration of the ‘DCI Dredge Godavari,’ India’s largest TSHD, enhancing capabilities in port deepening and land reclamation, aiming for over 100 million cubic meters in operations.

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STEER Project Launched to Empower Seafarers Amid Maritime Technological Advances

The shipping industry is evolving with autonomous systems and AI, raising concerns about seafarers’ safety and well-being. The STEER project, by The Nautical Institute and Lloyd’s Register Foundation, aims to assess these technologies’ real-world impacts, focusing on seafarers’ operational efficiency and mental health, ensuring their welfare amidst innovation.

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IMO Initiates Panama Audit to Assess Maritime Regulation Compliance

The International Maritime Organization (IMO) is set to conduct an IMSAS audit of Panama from October 13 to 20, 2025. This audit, mandatory since 2016, aims to evaluate maritime safety, environmental protection, and seafarer training. Deputy Administrator Alexander De Gracia emphasized its significance for Panama’s maritime leadership and international cooperation.

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The Rise of Frogmen in Albanian Drug Trafficking Operations

Albanian smuggling gangs are evolving their methods by employing frogmen to retrieve cocaine hidden beneath cargo ships. This “parasite” smuggling technique allows traffickers to bypass bribing crews, using specialized divers to access drugs concealed in a vessel’s sea chest. Their collaboration with South American cartels enhances their operational efficiency.

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