Shipping Industry Current Affairs, GK & News

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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September 28: World Maritime Day

The World Maritime Day (WMD) is observed every year on September 28 to highlight importance of shipping safety, maritime security and marine environment and to acknowledge maritime industry. The 2017 theme of the day is ‘Connecting Ships, Ports and People’. It was chosen to provide an opportunity to focus on many diverse actors involved in ..

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