QatarEnergy eyes orders for giant LNG carriers
DOHA : State-owned LNG giant QatarEnergy is planning a major order of Q-Max LNG carriers at yards in South Korea and China, according to shipbuilding sources. Sources told LNG Prime on Tuesday that QatarEnergy
Arctic Northern Sea Route freight expected to achieve 80 million tons in 2024
MOSCOW : Aleksey Chekunkov, the Russian Minister for the Development of the Far East and the Arctic, has stated that despite sanctions affecting shipbuilding projects, the Northern Sea Route (NSR) in Russia’s Arctic economic
Concordia Damen converts inland shipping vessel into TSHD for Nigerian dredging project
NIGERIA : Concordia Damen recently delivered a special project, the conversion of a Dutch barge into a Nigerian dredger. The TSHD (Trailing Suction Hopper Dredger) ‘Sayonara’ has now arrived and is at work on
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was
Cochin Shipyard Q4 : Execution challenges, shares tumble 10% on weak performance
KOCHI : Cochin Shipyard’s consolidated revenue declined 50 percent year on year to Rs 600 crore, as it declared losses of Rs 64 crore on an operating level. Net profitability was down 86 percent
Over 15,000 ships could be recycled by 2023, up more than 100% on the last 10 years
COPENHAGEN : “Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount
Construction starts on COSCO’s 2nd 700 TEU electric containership
SHANGHAI : Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) has started the construction of the second 700 TEU electric containership for COSCO Shipping. As informed, the construction ceremony took place on 8 May in
Govt’s expanded specialised vessels list a plus for Cochin Shipyard
KOCHI : Cochin Shipyard Ltd will gain from the government’s decision to expand the list of ‘specialised vessels’ that are eligible for a state-aid introduced in April 2016 for a ten-year period. In April,