India

Maersk Advances Sustainability and Capacity with Mega Vessel Call in Ghana and Reefer Rail Expansion in India

Maersk achieved numerous milestones during December 2025, such as the historic call of its 17,480 TEU methanol vessel Beijing Maersk at Ghana's Tema Port, launch of new reefer rail services in India, appointment of new North America president, and signalling plans to resume Red Sea transits in response to resilient market conditions across regions. All these achievements reflect Maersk's dedication to sustainability, capacity, and supply chain reliability.

Mitsui OSK Lines Celebrates Key Milestones for Decarbonization and Innovation This December

Mitsui O.S.K. Lines celebrated December 2025 with strategic announcements such as AiP for subsea cable vessels, low-carbon ammonia transportation deal with JERA and carbon removal partnership as well as their India manning arm's 30th anniversary celebrations and Jotaro Tamura's anticipated takeover as CEO during Blue Action 2035 Phase 2. A leadership transition date of April 2026 is planned under this initiative.

Fincantieri Caps 2025 achieved Strategic Plan Approval, Key Contract Signing Agreements and Milestone Deliveries

Fincantieri finished 2025 strong by approving its 2026-2030 business plan which seeks to achieve 40% revenue growth and EUR500M net profit by 2030. They secured major torpedo contracts from Indian Navy, launched first Saudi MMSC in Wisconsin state, delivered Italian Navy LSS Atlante ship, formed joint venture for subsea telecom acquisition as well as extended a Virgin Cruises loan loan agreement.

OFAC and European Allies Tighten the Net on Russian Oil Trade

In the last several weeks, U.S. and European regulators moved to tighten enforcement of maritime sanctions on Russian oil exports, blacklisting additional companies, vessels and individuals while regional governments scrubbed each other’s lists. Overall market data showed Russian crude exports reacting negatively to the latest of these measures; an incident involving one of those tankers in the Black Sea underscored how their operational and security risks were rising.

EU Shipping Emissions Hit Record High as Implementation of an IMO Net Zero Framework Is Delayed

Europe's shipping emissions in 2024 climbed 13% year-on-year to a new record high since mandatory reporting began in 2018, driven primarily by container ships taking longer routes via the Red Sea and moving cargo more frequently through disruption zones. At the IMOs 2024 Spring meeting in London, the US government successfully convinced those present to delay a vote on their landmark Net-Zero Framework Framework until October 2026, raising the risk of a derailment in the maritime decarbonization efforts.