Leverage GIFT City for Shipping
GANDHINAGAR : Considering India’s burgeoning import of transport services, which touched a whopping $109 billion in 2022, there is a proposal to form a new shipping company having a fleet of 1,000 vessels. It
Newbuilding prices climb 3% to highest level in 16 years : BIMCO
LONDON : “Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the
GRSE signs $16.6 million contract to supply an advanced dredger to Bangladesh
KOLKATA : Garden Reach Shipbuilders & Engineers Limited (GRSE) has signed a significant contract with the Bangladesh Inland Waterways Transport Authority (BIWTA), to build a Trailing Suction Hopper Dredger for the government of Bangladesh.
LR and Guangzhou Shipyard International ink JDP for world’s largest ammonia carrier
SINGAPORE : Lloyd’s Register (LR) and Guangzhou Shipyard International (GSI) have signed a joint development project (JDP) for the design of the world’s largest VLAC (Very Large Ammonia Carrier) with a carrying capacity of
KR and HD Hyundai sign Business Agreement for Pilot Project of Cloud-based Next-Generation Smart Ship Solution
ATHENS : KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-generation smart ship solution (ISS 2.0) developed by HD Hyundai, on June 4th at Posidonia 2024, held
KR Grants Approval to HD HHI’s Next Generation K-Ammonia Storage & Powered PCTC
ATHENS : KR has awarded an Approval in Principle (AiP) for the Next Generation K-Ammonia Storage & Powered PCTC, developed by HD Hyundai Heavy Industries (HD HHI) with the participation of Hyundai Glovis and
Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) at M/s L&T Shipyard
KATTUPALLI : Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) was held at M/s L&T Shipyard, Kattupalli on 03 Jun 24. The ceremony was presided over by RAdm Sandeep Mehta, Assistant
Investors’ changing preferences for new ships
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be expected over the years ahead. Collective
