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New Delhi, Dec 18 The Shipping Ministry is pitching for about 20 per cent subsidy levels for the ship building sector and has floated a Cabinet note with the proposal. Till mid-August this year, the ship manufacturing sector used to receive 30 per cent subsidy under the shipbuilding subsidy scheme. The Ministry has proposed continuation of the subsidy...
Friday evening a general cargo carrier 'Loenid Leonov' went aground at the mouth of the River Teign. Brixham Coastguard were advised at 11:20pm (Friday) that the 2,800 tonnes Maltese registered vessel 'Loenid Leonov', had gone hard aground on a sand bar and lay across the mouth of the river, however the vessel has not been compromised. The vessel ...
ILOILO CITY, Philippines -- The Lopez family, which runs one of the country’s biggest business groups, plans to invest in shipbuilding and energy generation projects in Iloilo province and the neighboring Negros Island, family patriarch Oscar Lopez said here. The plan is to build cargo ships ranging from 100,000 to 200,000 gross tons, Lopez said on the...
Keith Hazlewood, GMB National Secretary, of the largest shipbuilding union responding to the news that Cammell Laird has secured contracts worth £250 million said, “The awarding of the “preferred contractors” for four “through life” ship repair contracts by the Ministry of Defence has brought a much needed boost to Cammell Laird, Merseyside yard. ...
Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has taken delivery of the Genco Charger, a 2005-built Handysize vessel, and the Genco Challenger, a 2003-built Handysize vessel, on December 14, 2007. The Company also announced it has taken delivery of the Genco Warrior, a 2005-built Supramax vessel, on December 17, 2007. The Genco ...
SkySails are wind propulsion systems for modern shipping. By using a SkySails system ship operation will become more profitable, safer and independent of declining oil reserves. It lowers fuel cost by 30 percent. The planned product range contains towing kite propulsion systems with a nominal propulsion power of up to 5,000 kW (about 6,800 HP). On annu...
NAIROBI - Suspected Somali pirates attacked an Italian-owned cargo ship on Monday as it headed for Kenya's Mombasa port through one of the world's most dangerous waterways, a regional maritime group said. Andrew Mwangura, director of the East African Seafarers Assistance Programme, said the MV Jolly Turchese was attacked by gunmen believed to be pirate...
Great Eastern Shipping Co Ltd (GESC.BO: Quote, Profile, Research) said on Thursday it has placed an order for building two 57,000 dead-weight tonne dry bulk carriers. The order has been placed with Cosco (Zhoushan) Shipyard Co Ltd and the vessels are expected to join its fleet by second quarter of 2010-11, it said in a statement. This is the second ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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