Archives: News
The Shipping Oil Era is Coming to an End
The worlds largest water shipment has been running on crude for almost a century. Over five million barrels are used daily by the 50,000 ships that navigate the high seas, which is not much less than what aeroplanes use.
Oil Tanker Explodes in Thailand, 1 Dead, 4 Hurt & others missing
On January 17, 2023, an oil tanker exploded at a dockyard on the Mae Klong river in Thailand’s Muang district. Seven individuals are still unaccounted for, two people died, and four others suffered serious injuries. 500 metres from the vessel, parts of one of the dead were discovered.
Green Hydrogen Route To Be Developed Between Portugal And The Netherlands
The ports of Sines and Rotterdam have signed a MoU relevant to the project H2Sines. On a unit near Sines, RDAM plans to manufacture green hydrogen, liquefy it, and ship it to Rotterdam using a special liquid hydrogen transporter.
Andhra Pradesh has the ability to develop a “blue economy.”
Andhra Pradesh’s maritime infrastructure is anticipated to increase quickly as a result of renewed efforts to develop the numerous seaports that dot its 974 km of coastline.
The Visakhapatnam Port Authority intends to broaden its cargo range
On October 7, 1933, the SS Jaladurga, the first passenger ship, sailed into the harbour of the Visakhapatnam Port Trust (now known as the Visakhapatnam Port Authority).
Naval drills are held in the East China Sea by Russia and China.
After the Soviet Union’s fall in 1991, Russia, which had previously dominated the global Communist hierarchy, is now a junior partner to a resurgent China, which already has a significant technological edge in the twenty-first century.
UNCTAD Predicts That In 2023, The Trade Decline Will Get Worse.
In its Global Trade Update for December 2022, the UN trade organisation observed that after a record year, global trade growth had actually decreased in the second half of 2022.
Seros Shipping was awarded “Trailblazer of the year in Indian Shipping” at GMU – Marex function
The GMU-MAREX International Maritime Legal Conference held today in Mumbai awarded Seros Shipping as the “Trailblazer of the year in Indian Shipping”.
One Is Still Missing After Four Crew Members Fell Off a Cargo Ship In The Taiwan Strait
Four crew members of a 31,236-ton cargo ship that was off the coast of Yunlin County on October 17 reportedly went missing, prompting the Taiwanese coast guard and the National Airborne Service Corps to launch an extensive sea and air hunt for the missing Vietnamese national.
Dozens Of LNG-Laden Vessels Queue Off The Coasts Of Europe, Not Able To Unload
According to reports, dozens of ships carrying liquefied natural gas (LNG) are hovering around the Spanish coasts. Due to overcapacity at the factories that convert fuel from ships into gas, several European nations are unable to secure the slots required for unloading.
Containership Reportedly Sank in the Red Sea After Catching Fire
Multiple news sites are reporting that the Panamanian-flagged containership has sunk in the Red Sea nearly a week after a fire broke out in a cargo hold.
Coastal Industry is Still Affected by Mississippi’s Declining Water Level
The Mississippi River’s water level continues its downward trajectory, with substantial implications for agriculture and commerce in the American heartland.