On March 30, Russia dispatched an oil tanker with 100,000 metric tons of crude to Cuba, reinforcing its support amid U.S. sanctions. This shipment comes after halted Venezuelan oil exports. Cuban officials stressed energy shortages leading to blackouts, raising health concerns, particularly for vulnerable populations facing urgent needs.
The Australian Border Force (ABF) has ramped up its operations, destroying five foreign fishing vessels under Operation BROADSTAFF. Acting Deputy Commander Brooke Dewar highlighted the proactive enforcement strategy, emphasizing daily patrols to protect marine resources. Since January, 19 vessels have been intercepted, with nine destroyed, showcasing the operation’s effectiveness against illegal fishing.
The global ship recycling market is under pressure from rising costs, steel prices, and energy shortages. Bangladesh and Pakistan currently offer better prices than India, where recyclers are struggling due to local demand issues. As geopolitical factors influence pricing, shipowners are increasingly exploring alternatives, complicating the market landscape.
The global marine insurance market remains resilient, maintaining coverage for cargo, hull, liability, and offshore energy despite rising geopolitical tensions. Insurers are committed to supporting trade flows, even in high-risk areas, adapting to challenges with tailored solutions and flexible underwriting to address evolving risks while ensuring significant capacity remains available.
The Dredging Corporation of India Limited (DCIL) celebrated its Golden Jubilee in Visakhapatnam, marking 50 years of enhancing India’s maritime infrastructure. Founded in 1976, DCIL now handles nearly 80% of the country’s maintenance dredging, with revenue soaring to ₹1,148 crore last year. The event highlighted future ventures and global aspirations.
The Indian government reported that twenty Indian-flagged vessels with 540 seafarers are under surveillance in the Persian Gulf. The Ministry of Ports confirmed all seafarers are safe, with no incidents in the last 24 hours. Ongoing coordination with maritime stakeholders ensures their welfare and smooth port operations across India.
Two Indian LPG carriers, BW TYR and BW ELM, are heading to India with a combined 94,000 metric tonnes of LPG. BW TYR is set to arrive in Mumbai on March 31, while BW ELM will reach New Mangalore on April 1. The Ministry of Ports ensures safety measures for seafarers.
Seafarers’ helplines report a surge in distress calls from crews trapped in the Gulf amid ongoing conflict. Many urgently seek repatriation, compensation, and essential supplies. Critical shortages of food and water are escalating health concerns onboard. The ITF has received over 1,000 communications, highlighting the dire situation faced by 20,000 stranded seafarers.
South Korean and Japanese coast guards have resumed a joint rescue operation for a missing Indonesian crew member near Dokdo Island. The individual fell overboard from a fishing vessel 195 kilometers northeast of Dokdo. The search involves multiple vessels and underscores the cooperation between the two nations in maritime safety efforts.
Four weeks into the conflict, India’s trade with West Asia has plummeted, with exports nearly grinding to a halt since March 1. Pankaj Chadha emphasized the disruption caused by the Hormuz blockade, affecting shipping, air cargo, and creating a financial crisis for exporters, particularly small and medium enterprises reliant on timely payments.
As part of India’s Maritime India Vision 2030, the country is transitioning to electric harbour tugs, with the Green Tug Transition Programme (GTTP) leading the way. Major ports like Deendayal and Jawaharlal Nehru are among the first globally to adopt fully electric towing fleets, promoting sustainability in maritime operations.
The Marine Accident Investigation Branch (MAIB) reported a tragic incident where a crewmember was mistakenly crushed after attempting to pass behind a trailer. Despite new safety protocols, significant gaps in training and execution were identified. Crew members frequently found themselves in danger zones, highlighting insufficient awareness of safety measures onboard.
Jawaharlal Nehru Port Authority (JNPA) recently surpassed 8 million TEUs in container throughput, alongside a record cargo achievement of 100 million metric tonnes. This success, attributed to robust collaborations with terminal operators, highlights JNPA’s dedication to enhancing infrastructure and supporting India’s ambition as a global maritime hub.
Adani Ports and Special Economic Zone Ltd. (APSEZ) has launched India’s first Port of Refuge (PoR) to improve maritime emergency response. Located at Dighi Port and Gopalpur Port, the initiative aims to enhance safety for distressed vessels and support critical services like salvage and pollution containment, aligning with global maritime standards.
India has launched ‘Operation Urja Suraksha’ to safeguard merchant vessels transporting energy supplies from the Persian Gulf. This operation shifts focus towards a strategic plan for 22 Indian-flagged vessels, crucial for LNG, LPG, and crude oil. Coordination with Iranian authorities aims to ensure safe passage through the Strait of Hormuz.
