An international vote to approve a global carbon pricing system for maritime emissions was delayed by a year after the United States threatened sanctions against supporting countries. The London-based International Maritime Organization (IMO) postponed the decision following opposition from the US and some oil-producing nations, citing economic concerns.
US sinks international deal on decarbonising ships
India Post to roll out mail, parcel services with 24-hr, 48-hr guarantee-based delivery timelines
5 days ago
India Post is set to introduce guaranteed mail and parcel delivery services with 24-hour and 48-hour timelines, starting in January. This initiative aims to significantly reduce current delivery times for parcels and enhance international postal services. The government is transforming India Post into a profit center by 2029.
India is set to pour approximately Rs 80 lakh crore into its maritime sector by 2047, as outlined in the Maritime Amrit Kaal Vision 2047. This ambitious plan aims to bolster national maritime strength, with a significant portion of projects already completed or in progress. A new cargo berth is also being developed at New […]
In a groundbreaking development, CMA CGM, the French maritime powerhouse, has set a precedent by commissioning six liquefied natural gas-powered ships from Cochin Shipyard Limited in India. This marks a significant milestone as it’s the first instance of the global shipping leader constructing vessels on Indian soil.
Cochin Shipyard Ltd has secured a significant order from a European client for the design and construction of six LNG-powered feeder container vessels. Each vessel will have a capacity of approximately 1,700 TEUs. The order, valued at over Rs 2,000 crore, was formalized with a letter of intent signed on October 14, 2025.
CMA CGM, a global container carrier, has signed a letter of intent with Cochin Shipyard for six LNG-powered box ships, marking India’s first major container ship order. Chairman Rodolphe Saade views India as an “alternative” to China and South Korea for such construction, praising Prime Minister Modi’s business acumen.
India is establishing a federal Transport Planning Authority to coordinate infrastructure projects across aviation, highways, shipping, rail, and urban planning. This move aims to curb wasteful spending, improve project viability, and avoid delays, drawing inspiration from international models.
Three major Indian port authorities – Deendayal, V.O. Chidambaranar, and Paradip – have been formally recognized as Green Hydrogen Hubs. This initiative aligns with the nation’s net-zero goals by 2070, fostering industrial participation and investment in clean fuel technologies through a cluster-based development model.
The Indian government is set to boost the Shipping Corporation of India. Plans include capital infusion for fleet expansion and forming joint ventures with oil and dry bulk companies. This move aims to meet the nation’s growing export-import shipping needs. New medium-range product tankers will be procured.
India’s first Very Large Gas Carrier (VLGC), ‘Shivalik’, made its maiden call at Visakhapatnam Port, receiving a ceremonial welcome from Union Minister Sarbananda Sonowal. This induction under the Indian flag signifies a major step towards self-reliance in maritime and energy logistics, aligning with the Atmanirbhar Bharat and Maritime India Vision 2030.