BIMCO: Container Shipping Market Overview & Outlook December 2024
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity
Udupi Cochin Shipyard launches first vessel built for Norwegian firm
KOCHI : Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited, launched the inaugural vessel of the Series of Six 3800 TDW General Cargo Vessels being
Damen Marine Components wins four-vessel contract for steering gear, rudders and nozzles
POLAND : Dutch shipbuilder GS Projects has contracted Damen Marine Components (DMC) by to supply the steering, control and propulsion equipment for four dry cargo vessels. DMC will
Shipping industry likely to get ₹25,000-crore boost
NEW DELHI : The domestic shipbuilding industry may receive a boost in the forthcoming Union budget, with the central government chalking out a plan for financial support. According
Indian Register of Shipping and Cochin Shipyard collaborate on Indigenous Autonomous Vessel Project
MUMBAI : Indian Register of Shipping (IRS) and Cochin Shipyard Ltd (CSL) have entered into an umbrella agreement aimed at developing indigenous technologies and enhancing the capabilities of
GAIL signs first long-term time charter contract with “K” LINE for LNG ship
State-run GAIL (India) Limited has signed a long-term charter contract with Singapore-based Kawasaki Kisen Kaisha Ltd (“K” LINE), said the company on Friday. “Looking to expand its fleet
GRSE commences Steel-Cutting of an ORV for NCPOR, MoES
KOLKATA : In keeping with its proven commitment towards customers and the capability to handle multiple projects of various classes concurrently, Garden Reach Shipbuilders and Engineers (GRSE) Ltd
Strategic Marine increases presence in Korea’s offshore wind industry with Yeosu Ocean’s
SINGAPORE : Following Strategic Marine’s successful entry into Korea’s offshore windfarm market earlier this year, the Singapore headquartered shipbuilder has signed a new contract with Yeosu Ocean Co.,
Panama sets record in newbuilding ship registration
PANAMA CITY : Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT). This achievement reaffirms Panama’s status
HD Hyundai says robots will be building ships in 2030
SEOUL : Fumes rise in the airy shipyard of HD Hyundai Samho’s panel factory, where blue-suited workers in welding masks assemble ship cells. Scattered throughout the space, robots