Category Archives: News

NYK, Evergreen, Hanjin trio launches ICS to link Far East with India from Oct 29, 2011

Source: dstnews JAPAN: Three container lines from Japan, Taiwan and South Korea will launch a Far East – West India direct service starting from 29 October, 2011. The service, named India-China Service (ICS), will be operated by a line of … Continue reading

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SCI to invest Rs 3,700 cr. on 24 new vessels

Source: dstnews MUMBAI: The state-run Shipping Corporation of India (SCI), will spend Rs.3700 crore in the ongoing fiscal to acquire 24 new vessels across categories. “Our capital expenditure for 2011-12 is Rs 3,700 crore and this will be used for … Continue reading

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China: CSDC Orders New Bulk Carrier at Jiangnan Shipyard

China Shipping Development Company (CSDC) has penned an order to build a 76,000 dwt bulk carrier worth approximately RMB229.3m ($36.1m). The new agreement was made between CSDC’s subsidiary Tianjin Zhonghai Huarun and Chinese builder Jiangnan Shipyard on Tuesday. China Shipping … Continue reading

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Dry ship deliveries to reach highest ever in 2011

Deliveries of new dry bulk ships are on course to reach their highest level ever this year and fleet expansion is expected to remain strong in 2012, ship broker SSY said on Wednesday. Deliveries of new dry bulk ships are … Continue reading

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‘Historic’ snowstorm slams US northeast

Mariano Andrade, AFP October 30, 2011, 2:13 pm Snow and icy rain have pelted the US east coast, sparking long airport delays and major power cuts as forecasters warned the rare October storm could dump up to a foot of … Continue reading

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Canada Signs Important Maritime Convention to Protect Environment

  On October 25, 2011, Canada took part in a ceremony to sign a protocol that will establish a global liability regime and further protect our environment from the risks of marine transport. The Protocol of 2010 to the International … Continue reading

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India- Gujarat Govt finalizes plans to develop Seven New Ports

source: Daily Shipping Times Ahmedabad: In a major push to port infrastructure, the Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years, … Continue reading

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Tata NYK Shipping Buys New Bulk Carriers from Japanese Shipyards

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Tata NYK Shipping Pte Ltd will purchase three new dry bulk cargo carriers from Japanese yards as part of a plan to expand fleet to ship at least half of Tata group’s expected cargo of 60 million tonnes (mt) in … Continue reading

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Shell, PetroChina May Ship Canadian LNG to Gain From Asia Prices

| Friday, 28 October 2011 13:00 Royal Dutch Shell Plc, Europe’s largest oil company, together with PetroChina Co. and Japanese and South Korean partners are examining plans to ship liquefied natural gas from Canada’s west coast to Asia.“This gives us … Continue reading

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MHI designs new bulk carrier enabling 25% reduction in CO2 emissions; ADM buying three

Source: Green Car Congress 25 October 2011 Bubbles under the vessel bottom of the new bulk carrier with MALS. Click to enlarge. Mitsubishi Heavy Industries, Ltd. (MHI) has designed a new bulk carrier equipped with the proprietary Mitsubishi Air Lubrication … Continue reading

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