The Swedish Club (TSC) has achieved a remarkable 99% retention rate in its 2026 P&I renewal, alongside an 8% increase in new entered tonnage. CEO Thomas Nordberg praised the team’s dedication, emphasizing TSC’s commitment to proactive risk management and personalized service, solidifying its position in the maritime insurance sector.
The Mediterranean Shipping Company (MSC) has reached a pivotal milestone, boosting its container capacity to over 7.2 million TEU and cementing its status as the world’s leading carrier with a 21.4% market share. With 980 active vessels and an orderbook of 2.18 million TEU, MSC continues to strengthen its dominance.
As the maritime industry approaches 2026, Synergy Marine Group proudly acknowledges the chemical tanker AL BETROLEYA’s achievement of a Lost Time Incident (LTI)-free record on January 1, 2026. This milestone reflects a disciplined safety culture, underscoring long-term dedication to risk management and teamwork in maintaining safe maritime operations.
HD Hyundai Heavy Industries, Engine & Machinery (HHI-EMD) has successfully confirmed the stable operation of its HiMSEN engine on ethanol fuel. Testing on the H32DF-LM platform demonstrated reliable performance across all load points, showcasing the engine’s startability, combustion stability, and power output consistency, while maintaining existing methanol hardware.
Nigeria has proudly launched its first locally owned floating production, storage, and offloading (FPSO) vessel, the FPSO Emem, by Oriental Energy Resources. This milestone signifies local producers’ growing capabilities in managing offshore developments, traditionally dominated by international companies. The FPSO aims to enhance production in the Okwok field, targeting 30,000 barrels per day.
Mundra Port, India’s largest commercial port, has exported advanced locomotives to Morebaya, Guinea, marking a milestone for Indian manufacturing in line with the Atmanirbhar Bharat initiative. The inaugural shipment of four locomotives, produced by Wabtec in Bihar, reflects India’s growing prowess in the global rail equipment market.
India’s Directorate General Shipping (DGS) achieved full compliance with the STCW Convention, confirming high standards in seafarer training and certification. The evaluation highlighted best practices, including a Comprehensive Inspection Program and modern training tools. Recommendations focused on standardizing examiner records and enhancing faculty development, underscoring India’s maritime commitment.
Shiv Shipping Services, based in Gandhidham, has set a new record by discharging 79,780 MT of steam coal from the MV KMAX RULER at Kandla Port in just 24 hours. This milestone, achieved from May 29 to May 30, 2025, underscores the company’s operational excellence and commitment to efficiency.
The DEENDAYAL Port Authority (DPA) achieved a milestone by docking the Cape Schiff MV Golden Barnet at Cargo Jetty No. 6 on April 26, 2025. The vessel, measuring 292 meters, carried 96,587 MT, marking the first handling of such a large ship since a similar docking four years ago.
DP World’s Mundra International Container Terminal (MICT) saw significant growth in the fiscal year 2024-2025, handling 1,497,228 TEUS, a 13% increase from the previous year. Servicing 762 vessels, the terminal plays a crucial role in advancing India’s global trade network. DP World Mundra also reached its highest monthly volume in March 2025.
In the 2023-24 fiscal year, Paradip Port in India achieved a significant milestone by handling 145.38 million tons of freight, surpassing DEENDAYAL Port to become the country’s highest major port. This growth highlights the port’s increasing importance in the Indian maritime sector. Expansion projects are underway to meet growing demand and enhance capabilities.
In the first 100 days of the fiscal year 2024-25, Paradip Port Authority achieved a significant milestone by handling a record-breaking cargo volume of 41.12 million Metric Tons, showcasing a 4.78% growth compared to the previous year. This impressive performance highlights the port’s commitment to operational excellence and capacity enhancement, supporting India’s economic growth.
DP World’s Mundra International Container Terminal (MICT) achieved a significant milestone in 2024, with a record-high throughput of 1.42 million TEUs. This marked an 11% increase from the previous year, showcasing its crucial role in Gujarat and contribution to India’s global trade network. Operational excellence, safety commitment, and sustainability efforts were key factors in this achievement.
