New Delhi-The Ministry of Shipping has formally announced the specifications of two flagship programmes of shipbuilding with a total value of ₹44, 700 crores, meant to rejuvenate the local ship building industry, lure foreign investment in the sector and empower the Indian maritime ecosystem.
Read MoreTokyo Mitsui O.S.K. Lines, Ltd. (MOL) has entered into two Heads of Agreement with JERA Co., Inc. to charter two very large gas carriers (VLGCs) that are specifically designed to carry ammonia. The ships will move low-carbon ammonia produced through the JERA-supported Blue Point Complex in Louisiana, USA, to the JERA-owned Hekinan Thermal Power Station in the Aichi Prefecture, which will become the first commercial scale low-carbon ammonia transportation program in Japan.
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The International Maritime Organization (IMO) has officially announced “From Policy to Practice: Powering Maritime Excellence” as the World Maritime Day theme for 2026–2027, marking the first time the theme will span two consecutive years.
Read MoreThe Kuwait China port project agreement was signed because the Kuwaiti Ministry of Public Works and China Communications Construction Company signed an EPC contract to complete the first phase of Mubarak Al-Kabeer Port on Boubyan Island.
Read MoreThe Saudi Ports Authority (Mawani) has signed a contract with Q Saudi to build and operate a complete logistics center at Yanbu Commercial port. An investment worth more than SAR 29 million, the project will be implemented on a 120,490 square metres area to improve the efficiency of logistics and improve the cargo-handling capacity in the western coast of Saudi Arabia.
Read MoreThe United States has escalated its maritime enforcement campaign against Venezuela by tracking a third oil tanker near Venezuelan waters, according to a US official. The move signals a tightening of Washington’s pressure strategy aimed at the government of President Nicolás Maduro, particularly targeting the country’s oil exports, which remain the backbone of its economy.
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Marine biofuels are now being established as a bridge fuel through the maritime energy transition, which reduces short-term emissions but provides long-term zero-carbon solutions as they evolve. Against this backdrop, a high-level Technical Seminar on Marine Biofuels will bring together policymakers, industry experts, and researchers on 12 February 2026 at the International Maritime Organization (IMO) Headquarters in London. The seminar is to be organized under the Future Fuels and Technology (FFT) Project of IMO, which has been seeing increased traction on biofuels as a promising low-greenhouse-gas (GHG) alternative to international shipping.
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