QatarEnergy adds six new huge LNG carriers to its historic fleet expansion program
SHANGHAI : The latest agreement brings the total number of LNG vessels on order under QatarEnergy’s fleet expansion program to 128, including 24 QC-Max mega vessels. The new vessels, which will be built at
Rs 25k Cr Shipbuilding fund set to be cleared to grow Blue Water Economy in India
NEW DELHI : Indian Government may approve a proposal for a ₹25,000-crore Maritime Development Fund this month for providing long-term and low-cost financial support for indigenous ship-building and other blue water infrastructure projects, two persons
Central Government notifies Great Nicobar Transshipment Port as Major Port
NEW DELHI : The central government has officially notified the upcoming transshipment port at Galathea Bay in Great Nicobar as a major port, in a significant development. This strategic move marks a critical milestone
Upcoming Vadhvan Port attracting significant global interest : Sonowal
MUMBAI : Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal said that, the upcoming Vadhvan Port in Maharashtra’s Palghar is attracting significant global interest and would create 12 lakh jobs once operational
JNPA handled 639,336 TEUs in August 2024 an all-time high monthly container traffic at Port
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) – India’s Best Performing Port, has witnessed an exceptional operational performance in August 2024. It has again set new benchmarks in the port performance. Driven by impressive
Sarbananda Sonowal meets Ambassador of UAE to India for maritime partnerships
NEW DELHI : Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal met Ambassador of UAE to India, HE Abdulnasser Alshaali here. They both had a good discussion on furthering bilateral ties, especially
MSC likely to be anchor customer of Vizhinjam International Seaport
THIRUVANANTHAPURAM : After the port of call of the first mother ship titled San Fernando, chartered by Maersk and operated by Bernhard Schulte Ship management , Singapore. (BSM), at the Vizhinjam International Seaport on
Shipping banks provide cheaper loans to greener shipping companies, but not greener ships
LONDON : A new study by UCL Energy Institute on the relationship between financing terms and climate performance of shipping companies reveals a troubling trend of green financing. The research paper in a sustainability