The Rajya Sabha has approved the ‘Bills of Lading, 2025’, paving the way for Presidential assent. This legislation modernizes the outdated Indian Lading Act of 1856, enhancing clarity and reducing ambiguity in maritime documentation, thus strengthening India’s position in global trade and improving the business environment.
The ATLAS initiative seeks to modernize the fragmented regulatory framework for nuclear applications in the maritime industry, addressing gaps in SOLAS Chapter 8. By developing an international licensing model and collaborating with nuclear regulators, ATLAS aims to ensure safe and secure nuclear technology deployment in maritime settings, enhancing sustainability and efficiency.
Maersk and Inmarsat Maritime are collaborating to enhance satellite communications for Maersk’s fleet of 340 container ships. The upgrades will be completed by 2026, increasing bandwidth and transforming ships into fully operational offices. This partnership aims to revolutionize vessel operations, improve connectivity for crews, and pave the way for automation-focused advancements in the future.
The Ministry of Ports, Shipping, and Waterways in India is pushing a $2-3 billion policy to modernize shipbuilding yards. Major players like MSC are interested. Shipbuilding yards are crucial for constructing new ships. MSC is considering setting up a yard in Gujarat due to China’s capacity constraints. Efforts include capacity expansion, technology upgrades, and partnerships.
