UN maritime body defers vote on key carbon levy till 2026, leaving global shipping industry uncertain on decarbonisation timelines and investment clarity
The world's largest maritime nations are gathering in London on Tuesday to consider adopting regulations that would move the shipping industry away from fossil fuels to slash emissions. If the deal is adopted, this will be the first time a global fee is imposed on planet-warming greenhouse gas emissions. Most ships today run on heavy fuel oil that releases carbon dioxide and other pollutants as it's burned. Nations are meeting at the International Maritime Organization headquarters through Friday. The Trump administration unequivocally rejects the proposal and has threatened to retaliate if nations support it, setting the stage for a fight over the climate deal. In April, IMO member states agreed on the contents of the regulatory framework. The aim is to adopt it at this meeting. That would be a major win for the climate, public health, the ocean and marine life, said Delaine McCullough at the Ocean Conservancy. For too long, ships have run on crude, dirty oil, she said. This ...
India has presented its candidature for re-election to the International Maritime Organisation (IMO) Council at the organisation's 134th session in London, where the Ministry of Ports, Shipping and Waterways highlighted key aspects of maritime safety and gender inclusivity. At a special India-themed reception at the IMO Headquarters on Thursday evening, Ministry Secretary T K Ramachandran and Indian High Commissioner to the UK Vikram Doraiswami announced the decision to seek re-election in Category B of the Council. The election for the 2025-26 biennium will take place at the organisation's Assembly later this year and follows India's re-election with the highest tally back in December 2023. India embraces the philosophy of One Earth, One Family, One Future, and we bring this vision to life through fostering robust and collaborative maritime efforts, said Ramachandran in his address at the reception. Under our Vision 2047, we see maritime growth as a corner of global progress, and
India on Wednesday highlighted recent maritime incidents involving foreign-flagged container vessels operating in Indian waters and urged the International Maritime Organization to review all such incidents, according to an official statement. Shipping secretary TK Ramachandran, while participating in the 134th session of the Council of the International Maritime Organization (IMO), said recent maritime incidents caused by undeclared hazardous cargoes have raised serious safety concerns. "India delivered a strong and principled statement addressing recent maritime incidents involving foreign-flagged container vessels operating in Indian waters," the statement said. India urged the IMO to undertake a comprehensive investigation and global review of all such incidents involving container ships, it added. Citing the proactive role of the Indian Navy and Indian Coast Guard in ensuring the safety of life at sea, the statement said India called for urgent enhancements in the safety ...
Impact on Indian ships $100 million, saves $2 bn compared to EU's proposal, says DG Shipping
International Maritime Organisation (IMO) continues to engage with all the countries in relation to any crisis around the world, its Secretary General Arsenio Dominguez said on Thursday even as he said that the Red Sea issue is "geopolitical" which it cannot control. "... geopolitics, we can't control them. And the Red Sea is geopolitics. We get affected by it. What we're doing is engaging with all the necessary actors in order to first guarantee the safety and security of the people on board the ships and the ships," Dominguez said here addressing a media conference at the Green Shipping Conclave 2025. He said that his organisation facilitates conversations between the key players, either directly at IMO or with the relevant UN agencies. "And I continue to engage with all the countries at IMO in relation to the Red Sea crisis and any crisis around the world," Dominguez added. Stating that countries can play a part (in resolving such issues), he said, "I have asked India and many .
Captain Avhilash Rawat and his crew of an oil tanker have been named among the winners of the International Maritime Organisation (IMO) 2024 Award for Exceptional Bravery at Sea for their extraordinary courage shown in a Red Sea rescue mission. Rawat and his crew were declared winners by the IMO on Wednesday for the "determination and endurance" demonstrated while coordinating firefighting and damage control efforts to combat a fire that broke out after an anti-ship missile reportedly fired by Iranian-backed Houthi rebels struck their vessel 'Marlin Luanda' earlier this year. Captain Brijesh Nambiar and the crew of the Indian Navy ship INS Visakhapatnam have been conferred a Letter of Commendation for their support to the oil tanker when in distress. On the evening of J26 January 2024, the Marlin Luanda, carrying 84,147 tonnes of Naphtha, was en route from Suez to Incheon when it was struck by an anti-ship ballistic missile. The explosion ignited a cargo tank, creating a significant
National Maritime Day is celebrated every year on April 5 to honour the individuals for their lifetime distinguished and exceptional achievements in the Indian maritime sector
India was re-elected to the International Maritime Organisation (IMO) Council with the highest tally at elections held at its assembly here on Friday for the 2024-25 biennium. India's re-election falls under the Category of 10 states with "the largest interest in international seaborne trade", alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden and the United Arab Emirates (UAE). The Indian High Commissioner to the UK, Vikram Doraiswami, said the vote reflects the government's commitment to enhancing India's diverse contributions to global maritime operations. We are delighted and humbled by the support of the international community at the International Maritime Organisation for India to continue to serve the global maritime domain, said Doraiswami, soon after the election. Our re-election today in London, with the highest tally in the election, to the IMO Council in Category B, sustained a proud and unbroken record of India's continuous service at
Tax sops for coastal shipping, incentives for PPP, PLI for green shipping on cards
On Thursday, Russian defense ministry spokesman Igor Konashenkov said that the Ukrainian Navy had placed 420 anchor mines in the Sea of Azov and the Black Sea between February 25 and March 4.
The system can provide accurate position information services within India and a region 1,500 km beyond its boundary, which is its primary service area
HMEL's credit metrics were also impacted by its ongoing expansion into petrochemicals
India secured 144 votes from the member countries while Germany bagged 146