HAMBURG : China State Shipbuilding Corporation (CSSC) debuted the world’s largest container ship at the SMM Hamburg Maritime Exhibition, unveiling GREEN SEALION 27500 with a box capacity of 27,500 TEUs. The giant vessel, which received
NEW DELHI : Russia is working to include Vietnam, Thailand and Indonesia as intermediate stops of the Eastern Maritime Corridor connecting Vladivostok with Chennai as part of efforts to boost India’s business connections with
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
VANCOUVER : The containership new building market has accelerated notably in 2024 and at a very high pace over the last couple of weeks. Seaspan Corporation has given a large order for a series
Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen since the Covid-19 pandemic. Clarksons stated that 89 container vessels,
NEW DELHI : Ministry of Ports, Shipping and Waterways (MoPSW) is working on a new shipbuilding scheme, which would incentivise Indian shipyards till 2035 by various measures, Ports, Shipping and Waterways Secretary Mr. T
NEW DELHI : In a significant move to bolster India’s maritime sector, the government has implemented a series of measures aimed at enhancing the capacity and competitiveness of Indian shipping lines. These initiatives are
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,
NEW DELHI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, addressed a starred question in the Lok Sabha raised by Shri Krishna Prasad Tenneti and Shri Y S Avinash Reddy
NEW DELHI : The Centre’s Shipbuilding Financial Assistance Policy has helped Indian shipyards to secure both domestic and export orders for building ships to the tune of approximately Rs 10,500 crore since 2016, according