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India

Mærsk makes double management change in international positions

Christopher Cook moves to the United Kingdom and Ireland, while Thomas Theeuwes takes over the position in India, Bangladesh and Sri Lanka

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected...

The International Maritime Organization renews the composition of the council

States elected to be part of the three traditional categories divided based on presence and importance in maritime services and trade. Italy in group...

Indian refiners boost crude throughput in October on higher demand

Indian refiners’ crude throughput rose by 6.8 per cent month-on-month in October to 5.50 million barrels per day (22.50 million tonnes), provisional government data...

First dismantling yard in Pakistan approved

Pakistan has taken a step forward on the global ship recycling scene. Prime Green Recyclers in Gadani has become the country’s first yard to...

China’s Arctic Ambitions Signal a Strategic Turning Point for India’s Maritime Future

Moneycontrol reports that China’s growing presence in Arctic shipping is reshaping global trade routes. The development marks a significant shift, giving India a compelling...

RCF’s long-term urea tender garners little interest

Amsterdam, 1 December (Argus) — Indian importer and supplier RCF closed a tender today, seeking a minimum of 2.5mn t/yr of urea over three...

Hong Kong Event Highlights Critical Investment Opportunities and Challenges in Sustainable Ship Recycling

The event came at a pivotal moment for the maritime industry. With the Hong Kong International Convention for the Safe and Environmentally Sound Recycling...

Global Ship Recycling Markets Navigate Volatile Currency Trends: Liquidity Pressures and Shifting Buyer Sentiment: BEST OASIS

India, traditionally the most active ship-recycling destination, remained cautious this week as unpredictable dollar movements weighed heavily on domestic sentiment. The Indian rupee, which...

GMS Week 48 – STUMPED, YET PRIMED!

Global market chaos continues post-Thanksgiving like a bad stomach after too much turkey. Steel plate prices were the highlight of the entire sub-continent—and even...
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