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Sunday, May 11, 2025
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India, along with 62 countries, has voted in favour of the world’s first global carbon tax on shipping, adopted by the UN’s International Maritime Organisation (IMO).

From 2028, ships must adopt cleaner fuels or face a $380/tonne fee, with $40B expected to fund maritime decarbonisation by 2030.

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Cochin Shipyard Ltd has signed an MoU with Dubai’s Drydocks World to explore a joint venture for ship repair facilities in Kochi and Vadinar.

Cochin Shipyard’s ₹1,000 cr Kochi facility begins operations, eyes global clients with ship lift tech and regional dry docking capabilities.

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