TOKYO : The Diet, Japan’s parliament, today passed a number of bills aimed at enhancing the competitiveness of local shipbuilders against rivals in China and South Korea. Under the revised laws, shipbuilders can get
KOREA : Clarkson Research Services reported on May 2 that a total of 50 LPG carrier orders were placed worldwide in the first four months of this year and 37 out of the 50
COPENHAGEN : March saw a stunning 866,060 teu of new tonnage ordered, almost the same as was contracted throughout the whole of 2020, as the cash-rich sector starts spending some of its recent gains.
BHAVNAGAR : The Indian ship-breaking industry is sailing towards a 10 per cent revenue growth this fiscal on-year owing to improved availability of condemned vessels and higher rates for steel scrap, says a CRISIL