India maritime industry review

On May 22, 2025, during a SEAMAP scientific mission, the team decided to take a small detour, not initially the mission plan, driven by curiosity. They went searching, according to the advises of Karl, their boat captain, a 63-year maritime mystery: the disappearance of the Ravenel in 1962. Equipped with SEABER’s fleet of four AUVs, they scanned 4 km² in just 3 hours using 680 kHz side-scan sonar. The analysis of the first 2 km² revealed nothing but sand—something Karl, wi...

Nor-Shipping, in partnership with YoungShip International, has crowned Alisha Fredriksson, CEO and Co-Founder of pioneering carbon capture company Seabound, winner of the Nor-Shipping 2025 Young Entrepreneur Award. Fredriksson collected the accolade yesterday evening in Oslo, triumphing over a high-quality shortlist featuring Kvasir Technologies’ CEO Joachim Bachmann Nielsen, Fabian Fussek, Co-Founder and CEO of Kaiko Systems, and Josephine Le, Founder of The Hood Platform. Fredriksson n...

Kongsberg Maritime announced the launch of its new Continuous Emissions Monitoring System (CEMS). This advanced system lets shipowners and operators effectively monitor and control vessel emissions, ensuring compliance with increasingly stringent environmental regulations and optimising fuel efficiency. Kongsberg CEMS uses innovative sensor technology to provide accurate and continuous measurement of key greenhouse gases, including CO₂, CH₄, SOx, NOx, and CO. Decarbonisation strategies Unlike...

Wärtsilä Gas Solutions, part of technology group - Wärtsilä, has been contracted to supply a regasification module for Höegh Evi, a pioneer in marine energy infrastructure. The module will be installed onboard the LNG carrier Hoegh Gandria to convert the vessel to a high-capacity floating storage and regasification unit (FSRU). The order, booked by Wärtsilä in Q1 2025, further strengthens Wärtsilä’s market-pioneering position in LNG regasificat...

According to DNV’s latest report, Maritime Safety Trends 2014-2024 - Preparing for future risks, the number of maritime casualty incidents has increased by 42% between 2018 and 2024, while during the same period the global fleet grew by just 10%. Driven mainly by an ageing fleet and machine damage/failure, the findings highlight the risks connected with operating older ships, often more prone to faults, groundings, and fire-related incidents.  Vessel age and operational reliability...

Kongsberg Maritime will supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore. Kongsberg Maritime and Sea1 Offshore will also collaborate on a study to accurately assess emissions reductions achieved with Kongsberg’s equipment. Integrated and navigation systems The equipment package includes K-Pos dynamic positioning systems, integrated control and navigation systems,...

At the Nor-Shipping trade fair, classification society DNV awarded HD Hyundai Heavy Industries (HHI) an Approval in Principle (AiP) to for its newly developed 40,000 CBM liquefied CO₂ (LCO₂) carrier design featuring three cargo holds.  The cargo handling system is optimised through a reduction in the number of cargo holds from four to three which results in number of cargo tanks as well. BOG management system This redesign simplifies the overall system architecture, resulting in enhanced...

Advanced Navigation, a pioneer in navigation and autonomous systems, in collaboration with marine consultancy O2 Marine, has revealed an explicit visual depiction of Hall Bank - a small, nearshore reef off Fremantle in south-west Australia (32°S), located well beyond the typical latitudinal range for coral reefs. Using Hydrus, a microhovering autonomous underwater vehicle (AUV), the teams conducted a detailed survey of the reef, capturing geo-referenced high-resolution imagery and 4K video...

Dr. Melanie Leonhard, Hamburg's Senator for Economic Affairs, Friedrich Stuhrmann, Chief Commercial Officer (CCO) of the Hamburg Port Authority (HPA) and Takahiro Kikuchi, Managing Director of Ocean Network Express (Europe) Ltd. (ONE) signed an agreement on the future use of shore power supply. The signing ceremony took place along the sidelines of "Transport Logistic 2025" trade fair in Munich, Germany. CTB and CTA facilities Since May 2024, the Port of Hamburg has provided shore power for c...

Given the diverse stakeholders in the maritime industry, it is understandable that collaboration is a challenge. However, the interconnected ecosystem of maritime makes collaboration essential. From ship owners and operators to port authorities, from shippers to shipbuilders, from classification societies to marine service providers and others, there are vast opportunities to work together and cooperate. To gain insight, we asked our Expert Panel Roundtable: How can the maritime industry increas...

FuelEU Maritime came into effect on Jan. 1, 2025. It is part of the European Union’s Fit for 55 package and applies to commercial vessels of 5000GT (gross tonnage) and over used for the transport of cargo or passengers and calling at EU ports. Vessels are required to achieve a greenhouse gas (GHG) intensity of energy below a particular level. That level reduces over time and by 2050 the reduction target is 80% compared to 2020 reference levels. GHG intensity of energy obligations &ldqu...

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...