Blogs

Nippon Yusen Kaisha Finalizes An Agreement With Japan Marine United Corporation To Launch A New Contract Nippon Yusen Kaisha seals the deal with Japan Marine United Corporation to introduce a brand-new shipbuilding contract that will definitely go a long way in accelerating the overall propulsion performance in case of new boxship vessels for surviving long in actual sea conditions, be it easy or tough. When it comes to propulsion performance in the actual sea service, the relationship between speed and metric horsepower has to be further taken into account. Unfortunately, the vessels have to endure difficult, stormy conditions while journeying across the sea and that leads to the importance of strong propulsion performance as supported by the popular shipping organizations. With the steady progress of IoT technology and the extensive application of satellite communications, it has now become more convenient to gain access to a wide range of useful data to boost the propulsion performance amidst rough weather conditions. Nippon Yusen Kaisha (NYK) is now aimed at providing advanced vessels to its customers to encourage environmental consciousness via the supply chain. Kolkata Port Handles An Upcoming Project To Construct An Integrated E-Marketplace To Boost Coastal Shipping Kolkata Port Authorities have actively signed up for undertaking a brand-new project to build an integrated e-marketplace in order to improve the present scenario of coastal shipping in the country. So, an RFID-based PACS has been set up at both the Kolkata Dock System as well as the Haldia Dock Complex to minimize the lingering issue of the traffic congestion. Throwing light on the upcoming project of immense significance, the Kolkata Port Trust (recently renamed as the Syama Prasad Mukherjee Port) has given a green signal for investing in digital growth and embracing new-age technologies by at least a substantial amount of 40 crores to facilitate a multitude of new ventures. The e-marketplace will effectively serve as a single-window system for working out the necessary coastal shipments. The digital venture will work towards creating a truly integrated, struggle-free, and transparent online system for the convenience of the coastal shipping stakeholders. Odisha-Based Paradip Port Launches The Construction Work For The Crude Oil Import Facility Of NRL Based in Odisha, the Paradip Port has earned its good reputation through consistent performance in the Indian maritime arena. According to the recent reports, the Paradip Port is now focused on developing the upcoming Crude Oil Import facility of NRL and hence, the land filling procedure is soon to be initiated by the Dredging Corporation of India or DCI. The Paradip Port Trust (PPT) entered into a tripartite Memorandum of Understanding (MoU) along with NRL and the Dredging Corporation of India (DCI) in order to reclaim the 200 acres of land for developing the Crude Oil import terminal (COIT) at Paradip Port. The Containerized Trade In India Is Gradually Recovering Amidst The Coronavirus Pandemic Just like many other aspects of the maritime arena across the globe, India’s containerized trade had been severely affected by the ongoing economic crisis in the wake of the novel Coronavirus pandemic that has gripped the entire world in a constant state of uncertainty. On a positive note, the containerized trade in the country is now experiencing a steady growth curve as business is gradually picking up and surviving the unpredictable losses incurred since the beginning of 2020. In fact, the private terminals located across the country are now regaining the lost volumes and the early signs of trade recovery is indeed motivating for the entire shipping industry. Greek Oil Tanker Company Receives Delivery Of The Suezmax Tanker From Hyundai Okeanis Eco Tankers is a famous Greek oil tanker company that has recently accepted the delivery of Nissos Sifnos, which happens to be a Suezmax tanker as ordered from the Hyundai Samho Heavy Industries in South Korea. This newly delivered tanker is the second and the final delivery from Hyundai Heavy Industries after Okeanis Eco Tankers had accepted the first tanker by the name of Nissos Sikinos a few days back. The Suezmax tanker has signed up for a three-year time charter for an oil company. Sources: https://splash247.com/nyk-seals-landmark-shipbuilding-contract-guaranteeing-propulsion-in-actual-sea-conditions/ http://www.maritimegateway.com/kolkata-port-pump-%e2%82%b940-crore-push-digital-adoption/ http://www.maritimegateway.com/development-nrl-crude-oil-import-facility-starts-paradip-port/ http://www.maritimegateway.com/exports-leading-indias-nascent-trade-recovery/ https://www.marinelink.com/news/oet-takes-delivery-final-suezmax-hyundai-48196