Rs 4,000 cr state-aid for shipbuilding go abegging as yards collapse
MUMBAI : A Rs 4,000 crore state aid budgeted by the government for local shipbuilders for a ten-year period starting April 2016, is going abegging after a spate of yard
Centre pushes for maritime innovation with Sagarmala start-up policy
NEW DELHI : A draft under the ‘Sagarmala innovation and start-up policy’ was recently put up for discussion and stakeholder comments. According to a Ministry official, most of
World’s largest VLGC named ‘Harzand’ and delivered
BEIJING : Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company
Wan Hai to deploy two newbuildings on Far East to US rotation
TAIPEI : Wan Hai Lines held a ship naming ceremony for Wan Hai A02 and Wan Hai A03 at HD Hyundai Industries Ulsan Shipyard, accompanied by a charity
Global Orderbook on the rise after first quarter
NEW YORK : The global orderbook rose by about 160 vessels after the end of the first quarter of 2023, despite lower annual activity. In its latest weekly
Wan Hai Lines names three new boxships
TAIpeI : Wan Hai Lines hosted ship naming ceremonies for WAN HAI 361, WAN HAI 362, and WAN HAI 366 at Japan Marine United Corporation TSU Shipyard. WAN
New massive 24K TEU MSC Loreto sets sail from Yangzijiang Shipbuilding
BEIJING : World’s largest containerships global fleet has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu
Maersk launches methanol-powered feeder to reduce carbon emissions
COPENHAGEN : Container shipping heavyweight Maersk has achieved a major milestone in its efforts to reduce carbon emissions with the successful launching of its first methanol-powered feeder vessel
Shift Clean Energy to power First Fully Electric Ferry from GRSE
VANCOUVER : Shift’s Energy Storage System (ESS) technology is expected to reduce operational costs by 20-30 percent Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – Renewable
MSC’s secondhand boxship buying spree passes 300 mark
GENEVA : Mediterranean Shipping Co’s (MSC) secondhand buying spree has hit the 300-vessel threshold according to analyst Alphaliner. In its weekly newsletter Alphaliner said that MSC was reported to