GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness
The Global Centre for Maritime Decarbonization (GCMD) and CIMAC have signed a two-year Coalition partnership agreement aimed at improving the maritime industry’s readiness for the deployment of alternative marine fuels.The partnership combines GCMD’s experience in executing pilots and trials across the maritime value chain with CIMAC’s technical expertise in ship propulsion, engine performance and fuel systems.
U.S.-India Trade Pact Could Cut Russian Oil Exports 25%
"In 2025, India’s oil imports from Russia made up 33% of the country’s total seaborne oil imports and 25% of Russia’s seaborne oil exports. A new trade agreement between the US and India could, according to US President Donald Trump, put an end to that trade,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.On Monday, President Trump announced that a new trade agreement between the US and India would lead to mutual tariff reductions.
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