Blogs

Fincantieri To Invest In The Construction Of The Largest Shipyard In Latin America Fincantieri has decided to invest heavily in building the largest shipyard in Latin America as an integral part of the Progreso port expansion in Yucatan, Mexico as per the statement shared officially by the organization. Fincantieri is ready to invest an incredible sum of $220m in the upcoming shipyard project in Latin America. The reputed organization also shared its plans of designing and constructing a brand-new ship repair, conversion and maintenance yard that will feature the fabrication of two masonry piers. In fact, the Yucatan project comprises a dry port with a length of 400m to accommodate large containers vessels, tankers as well as cruise ships. Hence, Fincantieri will soon own the largest shipyard in America after the multi-million dollar investment for Progreso port is sanctioned and will usher in a productive change in the overall economy and improve the quality of life for the entire region. APM Terminals Pipavav Successfully Loads 100th LPG Rake In Less Than 10 Months Of Its Operations APM Terminals Pipavav has achieved a great milestone by loading the 100th LPG rake in less than a year of the installation of its LPG Rake handling facility along with the collaboration of Aegis Logistics Ltd. APM Terminals Pipavav supervises an exclusive DFC compliant rail line to facilitate safe as well as quick evacuation of LPG, which will reduce the congestion via road movement. As a matter of fact, APM Terminals Pipavav happens to be one of the few ports in the country that can fit in the placement of a full rake that is capable of lifting 1200 MT of shipment equivalent to 66 gas tankers on road. Syamaprasad Mookerjee Port In Kolkata Boosts The Development Of Several Projects To Improve Connection With Northeast And Bangladesh The Kolkata-based Syamaprasad Mookerjee Port (SMP) has undertaken the necessary development of multiple projects to encourage faster progress in Northeast India under the Centre’s Act East Policy. Recently, the foundation for many essential infrastructure-based projects as well as initiatives has been inaugurated at Kolkata and Haldia. As you must be aware of, the Syamaprasad Mookerjee Port is strategically located on National Waterways 1 along with the National Waterways 2 and is also in close proximity to Bangladesh. Therefore, the Syamaprasad Mookerjee Port will surely prove beneficial in boosting the logistics connectivity to Northeast India and Bangladesh. The ‘Protocol Route’ that is well-equipped with coastal infrastructure covering Narayanganj, Pangaon, Mongla and Chattogram is perfect for offering a lucrative route for cargo transit from the hinterland to Bangladesh and Northeast. V.O.Chidambaranar Port Plans To Set Up Multimodal Logistics Park Owing To Its Proximity To Main Sea Route V.O.Chidambaranar Port is recognized as the economic engine of south Tamil Nadu and has planned the upcoming construction of Multimodal Logistics Park to make the most of its advantages, such as the proximity to Main Sea Route plus the commendable rail-road connectivity. The two container terminals at the V.O.Chidambaranar Port boost the daily connectivity to Colombo and link the Far East via its weekly mainline services. The V.O.Chidambaranar Port is witnessing a rapid growth in Tamil Nadu in sync with the rise in the growth of the Indian economy. Hyundai Mipo Dockyard Has Recently Delivered First LNG-Fueled Ro-Ro In South Korea The well-known Hyundai Mipo Dockyard has successfully built and delivered the first LNG-fueled ro-ro in South Korea to the Luxembourg-based shipowner CldN along and has introduced advanced technologies to make it cost-friendly and eco-friendly in the long run. The Faustine is a 712-feet long, LNG -powered ro-ro vessel that weighs 20,000 ton and has a beam of 90 feet. The ro-ro vessel encourages a remarkable reduction in harmful sulfur emissions and can smoothly operate in Emission Control Areas like North America and Europe. Sources: https://splash247.com/fincantieri-tipped-to-build-the-largest-shipyard-in-latin-america/ https://www.maritimegateway.com/apm-terminals-pipavav-loads-100th-lpg-rake-in-less-than-a-year-of-installation/ https://www.maritimegateway.com/smp-will-support-faster-progress-in-northeast-india/ https://www.maritimegateway.com/v-o-chidambaranar-port-to-establish-multimodal-logistics-park/ https://maritime-executive.com/article/hyundai-mipo-delivers-first-lng-fueled-ro-ro-built-in-south-korea