India’s Blue Economy ambitions propel fresh incentives for green ships
NEW DELHI : India will provide additional incentives to encourage domestic shipyards to develop fuel-efficient and technologically advanced vessels as part of its ambitious plans to transform the country’s shipping industry. The ports, shipping,
Strategic Marine signs milestone contract with Mainprize Offshore for six new Supa Swath vessels with options for six more
SINGAPORE : Strategic Marine is delighted to announce the signing of a significant contract with Mainprize Offshore for the construction of six state-of-the-art Supa Swath vessels, with an option for an additional six vessels.
Shipping sector poised for ‘Infrastructure’ status, unlocking expanded financial aid opportunities
NEW DELHI : In a strategic move to enhance financial support and growth opportunities, the government is considering granting the shipping sector “infrastructure” status. This designation could open the door for broader financial aid,
China Shipbuilding Trading names final vessel in 7,000 TEU containership series
SHANGHAI : China Shipbuilding Trading, a subsidiary of the China State Shipbuilding Corporation (CSSC), has held a naming ceremony for the final vessel of a series of ten 7,000 TEU containerships. The vessel, which
Keel laying of first and second NGOPV ex-GRSE(YARD 3037 & 3038)
KOLKATA : Keel Laying ceremony of Yard 3037 and 3038, the 1st & 2nd Next Generation Offshore Patrol Vessels (NGOPV) (ex-GRSE) was held at M/s Garden Reach Shipbuilders & Engineers Ltd, Kolkata on 05 Nov 24. The ceremony was
Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the
LR and Hyundai Heavy Industries get AiP for the new Ammonia dual-fuel container ship
LONDON : Lloyd’s Register (LR) and HD Hyundai Heavy Industries (HHI) have signed a joint development project (JDP) for approval in principle (AiP) for a 15,300 TEU Class ammonia powered dual-fuel container ship. As
Chinese shipyard signs yuan-based deals for 12 vessels
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On Monday, the shipyard announced that it