News items selected for weekly newsletter
The International Maritime Organization (IMO) has adopted the MASS Code, a framework for the safe integration of Maritime Autonomous Surface Ships into global shipping. Effective July 1, 2026, this voluntary code ensures autonomous vessels meet safety and environmental standards, allowing Member States to test its application before mandatory implementation.
On May 21, the Ministry of Ports confirmed that Indian seafarers in West Asia are safe despite regional tensions. Mukesh Mangal assured no incidents involving Indian vessels occurred recently. The government is monitoring the situation closely, with over 3,300 seafarers repatriated and plans to send ships if conditions permit.
Dredging Corporation of India Limited (DCIL) achieved a record annual turnover of ₹1,214.09 crore in FY 2025-26, marking a 50-year milestone. With a Profit After Tax of ₹4.75 crore and a significant revenue surge of 73% in Q4, DCIL positions itself as a key player in India’s maritime infrastructure development.
U.S. Secretary of State Marco Rubio underscored the stark contrasts in views between the U.S. and Iran regarding Tehran’s uranium stockpile and the Strait of Hormuz. While President Trump insists on recovering enriched uranium, Iran claims its programs are peaceful, complicating ongoing negotiations amid rising oil prices and international tensions.
French engineering firm GTT has teamed up with HD Korea Shipbuilding & Offshore Engineering and BW LNG to create the first large-scale LNG carriers with a three-cargo-tank design. This innovative configuration, featuring the GTT Mark III Flex system, enhances cargo efficiency and reduces emissions, promising a sustainable future for LNG transport.
The UNHCR, IMO, and ICS have released a revised Rescue Guide to aid partners in their humanitarian and legal duties regarding refugees and migrants at sea. This update, amid tragic shipwrecks, emphasizes the need for collective action to prevent loss of life and uphold the duty to rescue without discrimination.
India and Norway are strengthening collaboration in green energy, maritime industries, and digital infrastructure through the India-EFTA Trade and Economic Partnership Agreement (TEPA). This initiative aims to attract USD 100 billion in investments and create one million jobs in India, signaling a shift towards long-term economic integration and innovation.
INTERCARGO has released its inaugural “Ship to Ship Transfer Guidelines for Bulk Carriers,” addressing the need for safe STS operations in regions with limited port infrastructure. These comprehensive guidelines cover planning, risk assessment, and emergency protocols, aiming to enhance safety and standardization in the dry bulk shipping industry.
DNV has launched a new recommended practice for using hydrogen as ship fuel, focusing on the competence requirements for crew and technical personnel. With safety concerns like leakage and high-pressure storage, proper training is essential. The RP aims to guide operational procedures and enhance emergency preparedness for hydrogen-fueled vessels.
Lloyd’s Register has launched the Lashing Exchange Format (LXF) consortium to streamline container stowage and lashing data sharing in shipping. This collaboration, involving major classification societies and software developers, aims to create a standardized digital format, enhancing efficiency and consistency across the industry amid growing operational demands.
Britain has decided to ease sanctions on diesel and jet fuel refined from Russian crude abroad, prioritizing national interests amid rising prices linked to the Middle East conflict. Junior treasury minister Dan Tomlinson emphasized the importance of securing essential supplies for the economy while still supporting Ukraine. Critics warn this could benefit the Kremlin.
IDsure, a digital identity infrastructure for the maritime sector, has secured €600,000 in seed funding. This investment will accelerate connections with flag states and training institutes, fostering a network of service providers. Aiming to revolutionize identity verification for over two million seafarers, IDsure offers aviation-grade verification and tamper-proof certificates.
During the Norway-India Business and Research Summit, Prime Minister Narendra Modi announced ambitious incentives to enhance India’s manufacturing capabilities, particularly in shipbuilding. He aims to increase India’s share of Norway’s ship construction from 10% to 25% in five years, promoting green initiatives and attracting global investment in strategic manufacturing.
NATO is considering measures to safeguard shipping through the blocked Strait of Hormuz if it remains closed beyond early July, according to a senior official. Although several member nations support the idea, there is no unanimous agreement. Leaders will convene in Ankara on July 7-8 to discuss further actions.
The United Kingdom Emissions Trading Scheme (UK ETS), launched in 2021, aims to reduce greenhouse gas emissions and achieve net-zero by 2050. Initially excluding maritime shipping, plans to include domestic shipping by 2026 will cover vessels over 5,000 gross tonnage, addressing 15% of related emissions. Further integration with the EU ETS is also being discussed.
