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Orient Overseas Container Line Has Signed Shipbuilding Contracts For The Construction Of Ten Container Vessels Hong Kong-based Orient Overseas Container Line has signed not one but two shipbuilding contracts with two prominent yards (under its parent company - Cosco) for building ten container vessels that weigh around 16,000 teus. According to the recent reports, five of the container vessels are scheduled for construction at the Dalian Cosco KHI Ship Engineering (DACKS) and the remaining five at the Nantong Cosco KHI Ship Engineering (NACKS) that are supervised by Cosco and Kawasaki Heavy Industries. India Has Signed Agreements To Import 250,000 Tonnes Of Soymeal India has recently sanctioned contracts for importing 250,000 tonnes of soymeal and that also includes 15,000 tonnes of soymeal that the dealers had exported a couple of months ago. Last month, New Delhi gave the green signal for the first time to genetically modified (GM) soymeal to boost the poultry industry. The traders in the country have already booked soymeal-based shipments in order to meet the rising demands. The Andhra Pradesh Maritime Board Plans Ahead For The Future Development Of Ports The Andhra Pradesh Maritime Board has made future plans to develop state-based ports, keeping in mind the rising cargo demand and the current requirements of the maritime industry. The action plan put forward by Andhra Pradesh Maritime Board is meant for the appropriate development of Bhavanapadu, Ramayampatnam, Manchilipatnam and Kakinada SEZ ports. As per the action plan, four fish landing centres along with eight fishing harbours will soon be developed in multiple phases. PSA Mumbai Successfully Handled The ME2 Service By Maersk Line With The Anchoring Of Maersk Gibraltar PSA Mumbai has been successful in handling the inaugural call of the ME2 service by Maersk Line after the arrival of Maersk Gibraltar (that weighs 10,100 teus) on 12th August. The ME2 service is the eighth weekly call at PSA Mumbai and is the second direct Europe-based service. Maersk Line South Asia is positive about building a strong professional and global relationship with PSA by launching the ME2 service at PSA Mumbai and enhancing customer satisfaction to a whole new level. Canada-Based Fednav Limited Agrees To The Construction Of 10 Brand-New Oceangoing Lakers Canada-based dry-bulk shipping organization Fednav Limited has sanctioned a deal with Oshima Shipbuilding and Sumisho Marine Co. Ltd for the construction of 10 new oceangoing lakers. The oceangoing vessels are scheduled to undergo construction at the well-known Oshima shipyard in Japan and the first oceangoing super-eco vessel is to be delivered in mid-2023. The Fednav-Oshima designed vessels are highly efficient and their carbon emissions are supposed to lessen by 33 percent, thus supporting the transition towards sustainable shipping in the long run by both the reputed organizations. Sources: https://splash247.com/oocl-signs-up-for-ten-16000-teu-boxships/ https://www.maritimegateway.com/india-imports-250000-tonnes-of-soymeal/ https://www.maritimegateway.com/ap-govt-chalks-out-plans-to-develop-state-ports/ https://www.maritimegateway.com/me2-service-makes-maiden-call-at-psa-mumbai/ https://www.marinelink.com/news/fednav-orders-bulk-carriers-oshima-49033