An updated Report on the European list of ship recycling facilities, commissioned by BIMCO, shows progress in increasing the number of active yards on the list, but the rules still don’t reflect commercial realities and lags behind on capacity to scrap large commercial ships. “It is positive that the EU list of approved recycling facilities.

Steel cutting ceremony of the Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for Indian Navy was held at Cochin Shipyard Limited on Tuesday. Vice Admiral G Ashok Kumar, Vice Chief of Naval Staff, Indian Navy declared through video conferencing the commencement of steel cutting of first steel plate. The steel cutting ceremony is one of the.

In a small, rustic shipyard on the Pacific coast of Costa Rica, a small team is building what they say will be the world’s largest ocean-going clean cargo ship. Ceiba is the first vessel built by Sail Cargo, a company trying to prove that zero-carbon shipping is possible, and commercially viable. Made largely of timber,.

The National Green Tribunal has refused to interfere in the grant of Environmental and Coastal Regulation Zone Clearance (EC) by the Ministry of Environment and Forests for upgradation of the existing ship recycling yard at Alang Sosiya, Gujarat but directed the project proponent to ensure that the operation is environment friendly. The green panel directed.

Cochin Shipyard rose 1.70% to Rs 362.25 after it announced a plate cutting ceremony of the two autonomous electric vessels built for ASKO Maritime AS, Norway on 25 November 2020. The plate cutting ceremony is one of the initial milestones in the vessel construction process. The announcement was made after market hours yesterday, 25 November.

The gains were largely led by a few key government initiatives intended towards incentivising the shipping sector, including a reduction in GST from 18% to 5% on bunker fuel used in Indian flag vessels, providing cargo support to the Indian shipping industry through right of first refusal (RoFR), bringing parity in the tax structure of.

Makes an attempt to revive Sembmarine Kakinada Ltd, the bankrupt ship restore and fabrication facility have hit a useless finish with no responses to the decision for EoI. The deadline ended on October 30. Kolkata-based defence PSU Backyard Attain Shipbuilders & Engineers Ltd (GRSE) and Chowgule and Firm Pvt Ltd had proven preliminary curiosity however.

The public sector Cochin Shipyard has sought to end the blues of the pandemic by launching five ships from its construction dock in Kochi on Thursday. The day also saw the keel laying for two ships. The vessels launched are two mini general cargo vessels, each with a deadweight tonnage of 8,000 tonnes, for JSW.

Cargo ships and cruise liners are being scrapped in growing numbers as operators hit by the fallout from the coronavirus pandemic look to turn their unemployed vessels into cash in the recycling market. Car-carrying vessels and iron-ore haulers lead the burgeoning fleet heading for demolition. Cruise ships, still idled by the restrictions imposed at the.

Chowgule and Company, a part of the Chowgule Group, has teamed up with Denmark’s Tuco Marine Group for manufacturing advanced patrol boats in India. The 16-meter-long patrol boats, designed as per Tuco Marine´s ProZero concept, will strengthen the company’s existing business of manufacturing composite fibre-reinforced plastic (FRP) boats. ProZero’s new patrol boats are specially designed.