4 October 2021

Latest Updates - Maritime Shipping - 4th October, 2021

Latest Updates - Maritime Shipping - 4th October, 2021
CDB Leasing Strikes A Deal With New Dayang Shipbuilding For Nine Ultramax Bulk Carrier Vessels China Development Bank Financial Leasing (more commonly known as CDB Leasing) has finalized an agreement with New Dayang Shipbuilding for nine, brand-new ultramax bulk carrier vessels for an incredible amount of $261m. Some months ago in May, CDB Leasing had confirmed an order for eight kamsarmax bulkers at the Yangzhou yard owned by Cosco Shipping Heavy for $221.6m. FSSAI Has Introduced Its Third National Food Laboratory At Jawaharlal Nehru Port Trust The Food Safety and Standards Authority of India (FSSAI) has recently launched its third national food laboratory at Jawaharlal Nehru Port Trust (JNPT) Nhava Sheva in Navi Mumbai. The National Food Laboratory at JNPT is spread across 11,873 square feet on the ground and first floors of Trainees Hostel Building in JNPT Township, Navi Mumbai and is well-equipped with the capacity to analyze up to 9,000 samples per month. The Adani Group Will Sign A Build-Operate-Transfer Agreement To Construct The West Container Terminal The Adani Group is focused on sealing the deal with a build-operate-transfer (BOT) agreement along with John Keels Holdings (its local partner) as well as Sri Lanka Port Authority (SLPA) to collaborate and develop the West Container Terminal (WCT). John Keels has a strong presence as one of the largest conglomerates in Sri Lanka and has collaborated with the Adani Group over design aspects and a fixed timeline for the upcoming project. Mitsui O.S.K. Lines Ltd Has Launched A Wholly-Owned Subsidiary In India And Fuelled Its Operations With Two Ships Mitsui O.S.K. Lines Ltd (more commonly referred to as MOL) has successfully introduced a wholly-owned subsidiary in India and has already launched its new services with two vessels registered under the Indian flag. Sakura Energy Transport Pvt Ltd is the name of the Indian unit of Mitsui O.S.K. Lines Ltd and has been able to secure solid contracts from Indian Oil Corporation Ltd (IOC). Sakura Energy is focused on boosting the growing energy requirements of the country as MOL is now testing the Indian market to figure out whether it is possible to operate Indian-registered vessels. Kawasaki Kisen Kaisha Ltd Has Accepted The Delivery Of 210,000 DWT Bulk Carrier Kawasaki Kisen Kaisha Ltd or “K” Line has received the delivery of a 210,000 DWT bulk carrier from the well-known Tsu shipyard under Japan Marine United Corporation. The newbuild will provide top-notch services to transfer coal and iron ore for JFE Steel Corporation under a long-term consecutive voyage charter contract. A particular corrosion-resistant steel for coal as developed by the JFE Steel Corporation has been thoroughly utilized in the bulk carrier vessel’s cargo to enhance its resistance against corrosion. The new vessel will also incorporate Super Stream Duct by Japan Marine United Corporation, ALV-Fin energy-saving propulsion devices along SURF-BULB devices. Sources: https://splash247.com/cdb-leasing-books-nine-ultramaxes-at-new-dayang/ https://www.maritimegateway.com/fssai-opens-food-lab-at-jnpt/ https://www.maritimegateway.com/adani-group-to-ink-deal-for-developing-wct/ https://www.maritimegateway.com/mol-enters-indian-market/ https://www.marinelink.com/news/k-line-takes-delivery-dwt-bulk-carrier-490950

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