India maritime industry review

Indian Register of Shipping hosted a Seminar on ‘Sustainable Ship Recycling: Charting India’s Course to Global Leadership’, at Bhavnagar near Alang. The seminar was held in the backdrop of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), which is set to enter into force this June. Ship recycling activities The seminar drew active participation from various stakeholders, including the SRIA The seminar drew active pa...

ABS awarded approval in principle (AIP) to HD Korea Shipbuilding and Offshore Engineering (HD KSOE) for its design of an advanced cargo handling system for very large ethane carriers (VLECs). The design consists of a refrigerant-based reliquefication system and an ethane fuel supply system installed on the ship. ABS completed design reviews HD KSOE says the design, once developed, will help customers reduce operating costs HD KSOE says the design, once developed, will help customers reduce o...

The Maritime Technologies Forum (MTF) released its first annual report, providing an easy-to-re-use overview of recent publications and events aimed at promoting the safe decarbonisation of the maritime industry. Since its establishment in 2021, MTF members have collaborated to offer technical expertise, regulatory insight, and impartial advice to the maritime industry. MTF has steadily increased its activities, resulting in a growing number of publications, submissions, and events that pr...

Flying Fish Maritime Innovations B.V., a Dutch pioneer in digital maritime technology and advice, announced a minority investment from CPAC Systems AB, a subsidiary of the Volvo Group, on May 7th, 2025. CPAC Systems (Sweden) is specialised in developing advanced control and automation systems for marine, construction and commercial vehicle industries. Advanced fleet management For the Flying Fish team, this step marks the beginning of a broader strategic partnership aimed at accelerating...

ABS and HD Hyundai Heavy Industries (HHI) signed a memorandum of understanding that opens the door for joint development projects to develop international naval ships. Types of naval ship designs With the goal of achieving approval in principle, ABS will apply its rigorous goal-based and prescriptive requirements to three different types of naval ship designs from HHI: HDA-24000: Auxiliary Logistic Support Ship HDF-3200: Frigate HDP-2200: Offshore Patrol Vessel International naval vess...

ClassNK has released the ‘Guidelines for Safety Operation for Ammonia-Fueled Vessels’ for considering the introduction of ammonia-fuelled vessels to ensure safe operation on board ammonia-fuelled vessels. By following these guidelines, safe and secure operation can be achieved for those involved in the operation of ammonia-fuelled vessels. The Guidelines give top priority to protecting the safety of seafarers, and cover matters to be kept in mind in daily operations, such as me...

The Maritime Standard has confirmed the programme for the third edition of the Transportation and Climate Change Conference (TACCC), which will take place on Thursday, 25th September 2025, at the Saadiyat Rotana Resort in Abu Dhabi, UAE.  Building on the momentum of previous editions, TACCC 2025 will once again bring together key industry players from across the transport spectrum to explore practical steps toward achieving sustainable, low-carbon transportation systems. Climate goals acr...

Nor-Shipping 2025, taking place in Oslo and Lillestrøm 2-6 June, has announced the shortlists for two of its most coveted accolades, the Next Generation Ship Award and the Ocean Solutions Award. Celebrating innovations, technologies and pioneering projects capable of balancing both environmental and commercial sustainability, the initiatives attracted a huge number of entries from across the world. Selecting the eventual winners was, according to Nor-Shipping Director Sidsel Norvik, &ldq...

Following the successful debut of Malaysia’s first hybrid Fast Crew Boat (FCB), Strategic Marine is pleased to announce the delivery of the second hybrid FCB to Centus Marine as part of their continued partnership to advance cleaner and more efficient offshore vessel technologies. The vessel, named Centus Alesha, features Strategic Marine’s hybrid propulsion system, which significantly reduces fuel consumption and emissions. Designed in collaboration with Centus Marine, it supports...

Achieving optimal return on investment (ROI) for a maritime company involves a strategic combination of operational efficiency, revenue enhancement, cost control, careful financial management, attention to sustainability and regulatory compliance, and other factors. Given all the variables in play, profitability can be elusive, but our Expert Panel Roundtable has some ideas. We asked: How can maritime companies maximise return on investment (ROI)?

Traditionally, bulk cargo unloading has faced challenges around operational efficiency, safety risks, environmental impacts, and high operational costs. Rough discharges, equipment wear, vibration damage, and limited weather operating windows have all constrained vessel utilisation and performance. Moreover, older unloading systems are energy-intensive and labour-dependent, increasing both costs and environmental footprint. Cargo unloading systems Many bulk cargo unloading systems depend on...

When the Ballast Water Management (BWM) Convention came into force in 2004, it was in response to a crisis we couldn’t afford to ignore—one where invasive aquatic species, carried silently in ships’ ballast tanks, were devastating marine ecosystems. Now, two decades later, compliance with this environmental safeguard is no longer optional—and yet, as recent industry findings reveal, record-keeping failures account for 58% of compliance issues. That’s not a technol...

Ammonia is gaining traction as a future fuel in the maritime industry, primarily due to its potential to significantly reduce greenhouse gas emissions. A key driver for ammonia's interest is that it can be carbon-free when combusted, which aligns with the maritime industry's increasing pressure to meet emissions regulations. However, most ammonia production currently relies on fossil fuels. Transitioning to "green ammonia" production is crucial for sustainability. If "green ammonia" is produced...

President Donald Trump has already made plenty of headlines since taking up his second term in the White House, including with the announcement of numerous new tariffs on imports. The 47th United States President issued three executive orders on February 1st 2025, just days after his inauguration, which directed the US to impose an additional 25 percent ad valorem rate of duty on imports from Canada and Mexico, as well as ten percent on imports from China. How Trump’s 2nd term...

The shipping industry is currently navigating a profound transformation driven by environmental concerns, new emissions targets, and evolving regulations. As vessel owners and operators seek to reduce emissions while remaining competitive, determining the right strategy has become increasingly complex. Factors such as alternative fuel availability, fluctuating prices, and an ever-expanding range of technological solutions have made decision-making anything but straightforward. Lack of motivat...