Gail (India) has signed a long-term time charter with K Line’s Singapore arm for an LNG carrier newbuilding ordered by the Japanese owner in the first deal between the two companies.
The 174,000-cbm LNG newbuilding, which is on order at Samsung Heavy Industries, is due to deliver to Gail in 2027 under a charter that will run through until 2038.
SOURCE : Tradewinds
PIL is said to have inked a letter of intent with Hudong-Zhonghua for five LNG dual-fuelled vessels Singapore’s Pacific International Lines (PIL) is set to return to Hudong-Zhonghua Shipbuilding for more container ship newbuildings. The Singaporean liner company is said to have pencilled a provisional newbuilding contract with the Chinese shipyard for five LNG dual-fuelled…
COSCO SHIPPING Chancay Port commenced trial operations on 14 November, marked by the successful unloading of new energy vehicles and other transportation products from COSCO SHIPPING HONOR and COSCO TENG FEI at the Peruvian port. The maiden voyage of COSCO TENG FEI, carrying 2,756 vehicles, embarked from China’s port of Shanghai to Chancay and other…
JEDDAH: In a move aimed at boosting tourism, Saudi Arabia will begin offering refunds on value-added tax for eligible purchases made by tourists starting in 2025, the government announced. The Zakat, Tax, and Customs Authority proposed changes to the VAT Implementing Regulations in August, which were open for public consultation via the Istitlaa platform until…
The vessel, which now carries the name One Responsibility, boasts a length of 272 meters, a beam of 42,8 meters and a depth of 24,6 meters. It was reportedly designed by the Shanghai Merchant Ship Design and Research Institute (SDARI). Canada’s shipping company Seaspan commissioned the ship while China’s Shanghai Waigaoqiao Shipbuilding built it. Moreover, the…
Taiwanese carrier Evergreen is set to establish its first dedicated terminal in Singapore, signing a joint-venture agreement with terminal operator PSA. Photo: PSA International The two parties said the terminal “is expected to commence operations by the end of 2024”, suggesting Evergreen will take a stake in one of the terminals in Singapore’s newly built…
JAR Group is a prominent company in Bangladesh, actively involved in shipping, logistics, trading, bunkering, and marine business. The company is headquartered in Chittagong and offers a wide range of services, including shipping agency, freight forwarding, logistics, crew management, project cargo handling, customs clearance, and more. JAR Group is known for its commitment to quality…
