Strong Dry Bulk market fuels 42% drop in ship recycling
LONDON : “Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high
ClassNK issues Approval in Principle (AiP) for large liquefied CO2 carriers of 50,000 m³ and 23,000
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of large liquefied CO2 carriers of 50,000 m³ and 23,000 m³ jointly developed by
LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-pow
LONDON : Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next generation feeder ship design. The 3,100 TEU nominal
KR Grants Approval in Principle to Samsung Heavy Industries for 9,300 TEU Ammonia-Fueled Container S
HOUSTON : At GASTECH 2024, KR (Korean Register) announced that it has awarded an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for their “9,300 TEU Ammonia-Fueled
XPO Logistics launches “Connect Europe” to simplify and improve shipments in 25 countries with s
LONDON : XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, on Wednesday announced the launch of Connect Europe, a unique solution that simplifies
MoPSW announces Manu Bhaker as their New Brand Ambassador
CHENNAI : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal announced that the Double Olympic Medal Winner in Shooting, Manu Bhaker, has been appointed as
PM Modi said India is growing as a major stakeholder in the Global Supply Chain
NEW DELHI : India is becoming a major stakeholder in the global supply chain and this growing capacity is the foundation of our economic growth, Prime Minister Shri
India focussing on shipbuilding in the country : MoPSW Secretary
THOOTHUKUDI : India, which is creating massive infrastructure to become world’s third largest economy in near future, is keen on building ships and creating all allied facilities in
Indian exports during April-August 2024 is estimated at USD 374.33 billion, as compared to USD 350.1
NEW DELHI : India’s total exports (Merchandise and Services combined) for August 2024* is estimated at USD 65.40 Billion, registering a negative growth of (-) 2.38 percent vis-à-vis
PM Modi to visit US on Sept 21st to 23rd and attend Quad Summit
NEW DELHI : Prime Minister Shri Narendra Modi is scheduled to be in the US from September 21-23 to attend the Fourth Quad Leaders’ Summit. The Prime Minister
