(1) India’s Largest Port at Vadhavan to Support Economic Corridor India is actively working on enhancing its ports along the western coast for the India-Middle East-Europe Economic Corridor (IMEEC) development. The construction of the colossal Vadhavan port in Maharashtra, scheduled to begin this December, is a significant part of this [...]
KR Ship recycling yard received green certificate The KR Ship Recycling Yard has achieved a significant milestone by receiving a green certificate, signifying its transformation into an environmentally friendly facility. To attain this recognition, KR had to meet the stringent criteria set by two international certification bodies in the ship [...]
(1) COSCO Shipping Energy Invests in MOL’s LNG Carrier Project In a new partnership, COSCO Shipping LNG Investment is acquiring a 49% ownership stake in three separate shipping companies established by Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) in Liberia. The objective of this venture is to build three LNG carriers [...]
Around the SHIPPING WORLD in 1 minute as on 25th September 2023 (1) Bulk carriers collided at Constanta anchorage Bulk carrier GENCO COLUMBIA contacted anchored bulk carrier R SKYWALKER at Constanta anchorage in the morning Sep 22, being under way. GENCO COLUMBIA arrived at Constanta anchorage on Sep 21, R [...]
(1) Explosion Rocks Cargo Ship Near Romania’s Danube Port An explosion occurred on a ship near Romania’s Danube port of Sulina. Romanian authorities quickly responded by sending a minesweeper ship with divers to check for any potential mines in the area. Thankfully, 12 crew members aboard the Togo-registered cargo ship [...]
(1) Hazira Port Resolves Dispute Over Container Levy with New Agreement The Adani Hazira Port has successfully resolved a disagreement regarding an additional fee it had planned to impose. Three well-established container freight stations (CFSs) that serve Hazira Port have now agreed to a new service level agreement. This agreement [...]
APM Terminals Lazaro Cardenas Embarks on $140 Million Expansion APM Terminals Lazaro Cardenas is investing $140 million in the second phase of its expansion project. This major undertaking will boost the capacity of the first semi-automated port in Latin America by one million TEUs (containers) and establish it as a [...]
