Shipping Industry Current Affairs, GK & News

National Centre of Excellence for Green Port & Shipping

India’s first National Centre of Excellence for Green Port & Shipping (NCoEGPS) was announced by the Union Minister of Ports, Shipping and Waterways. What is NCoEGPS? National Centre of Excellence for Green Port & Shipping (NCoEGPS) is a major initiative of the Ministry of Ports, Shipping and Waterways to provide sustainable solutions for the shipping ..

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Lower Water Levels in Rhine River

Amid the unusual hot and dry weather, water levels in the Rhine River have lowered down. Low water level is making it difficult for vessels to navigate through critical European shipping route when fully loaded. Rhine River is an important shipping route for economy because; It is a major route from products like grains to ..

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Cabinet approves Rs1,624-cr subsidy for Shipping Companies

Union Cabinet has approved a scheme to provide Rs 1,624 crore as subsidy to Indian shipping companies. Highlights Subsidy will be provided for over five years. Global tenders for this scheme were floated by ministries and central public sector enterprises (CPSEs) for import of government cargo. About scheme Under this scheme, registration will be done ..

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1 trillion USD required to achieve UN’s Decarbonization Target of Shipping Industry

The United Nations had set the target of reducing carbon emissions from shipping industry by 50% by 2050 as compared to the levels in 2008. A study of London based Energy Institute (University College London’s Energy Institute) suggest that in order to achieve the target, the world has to spend 1 trillion USD. Highlights According ..

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Cabinet approves Recycling of Ships bill, 2019

The Union Cabinet on 20th November, 2019 approved the proposal for enactment of Recycling of Ships bill, 2019. It also nodded to the Hong Kong International Convention for safe and environment sound recycling of ships. Background India is one of the leaders of ship recycling industry with a share of 30% of the market. According ..

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India launches world’s first facial biometric data-based ID for seafarers

Union Ministry of Shipping has launched Biometric Seafarer Identity Document (BSID) to ne issued for Indian seafarers. With this, India became world’s first country to launch facial biometric data-based identity document (ID) for seafarers. About BSID Implementing agencies: This project has been taken up by Union Ministry of Shipping in collaboration with Centre for Development ..

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