20 September 2021

Latest Updates - Maritime Shipping - 20th September, 2021

Latest Updates - Maritime Shipping - 20th September, 2021
France-Based CMA CGM Has Signed A Contract With Samsung Heavy Industries For Six LNG Dual-Fuelled Vessels Over the years, French carrier CMA CGM has carved its own special niche in the maritime arena that supervises 257 shipping routes that covers 420 ports in 160 nations. Recently, CMA CGM has placed the order for six LNG dual-fuelled vessels that weigh 7,600 teus each at the well-known Samsung Heavy Industries. The LNG dual-fuelled ships are scheduled to be delivered by November 2024 and the total value of the above-mentioned order is worth $717.6m. The CMA CGM box fleet is now regarded as the third-largest in the world. The Paradip Port Trust Has Installed A Mobile X-Ray Container Scanning System Near The PICT Terminal The Paradip Port Trust has installed a Mobile X-Ray Container Scanning System (MXCS) under the Ease of Doing Business (EoDB) initiative in an attempt to decrease the physical examination and dwell time of containers at the port. The system is highly efficient in completing the scan of 25 containers per hour that will facilitate smooth trade with improved security and no hassle. Moreover, the introduction of the scanner will surely boost the container volume at the port. DP World Plans Fresh Investments In Tamil Nadu For Setting Up A New Container Terminal DP World started its journey in 1972 and is now a major player in the world of logistics services and has come up with brand-new investments in Tamil Nadu and future plans for launching a new container terminal along with the provision of a cold storage and seafood processing zone. The upcoming projects include a minor port in the Eastern Coast of Tamil Nadu, a free trade zone that features integrated rail siding and inland container depots in Erode, Karur and Tirupur. Visakhapatnam Port Prepares To Enhance Its Cargo Handling Capacity To 4.6 Million Tonnes Visakhapatnam Port has made plans to increase the cargo handling capacity from 2.3 million tons to 4.6 million tons and that includes an upgrade of three berths. Since the port is experiencing a surge in cargo movement, Berths 7 and 8 will be soon upgraded to tackle various cargo such as coking coal, gypsum, bauxite and manganese. Mitsui O.S.K. Lines Ordered Four Brand-New LNG Carriers At Daewoo Shipbuilding & Marine Engineering Co. Ltd. Japan.based Mitsui O.S.K. Lines has placed an order for not one but four LNG carriers at the South Korea-based Daewoo Shipbuilding & Marine Engineering Co. Ltd. that are scheduled for delivery in 2024. MOL has sealed time charter contracts for the four newbuild LNG carriers with NOVATEK Gas & Power Asia Pte. Ltd. which happens to be a wholly-owned subsidiary of PAO NOVATEK from Russia. The newbuilds will be well-equipped with advanced and “cutting edge” MAN Energy Solutions engines that will boost fuel efficiency for sure. Sources: https://splash247.com/cma-cgm-in-for-six-7600-teu-ships-at-samsung-heavy/ https://www.maritimegateway.com/infra-upgrade-at-paradip-port/ https://www.maritimegateway.com/dp-world-invests-in-tamil-nadu/ https://www.maritimegateway.com/capacity-expansion-at-visakhapatnam-port/ https://www.marinelink.com/news/mol-orders-four-lng-carriers-novatek-490619

Latest Blogs

From portals to payments - streamlining freight settlements in the U.S.
4 June 2025

From portals to payments - streamlining freight settlements in the U.S.

How truckers using Hapag-Lloyd in the U.S. are benefiting from the ODeX and PayPal integration
14 April 2025

How truckers using Hapag-Lloyd in the U.S. are benefiting from the ODeX and PayPal integration

India Prohibits Wheat Exports With Immediate Effect
17 May 2022

India Prohibits Wheat Exports With Immediate Effect