The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal announced major initiatives to boost the capacity at Kandla Port worth an investment of more than ₹57,000 crores. The two major announcements include construction of a new Mega Shipbuilding Project with an investment of ₹30,000 crores. The other major announcement is development of a… Read More
Damen Shipyards Group and Port Otago with partner Napier Port have signed a contract Damen Shipyards Group and Port Otago with partner Napier Port have signed a contract for the delivery of a Trailing Suction Hopper Dredger (TSHD) 1000. At nearly 60 metres in length, this standard Damen design has a maximum hopper volume of 1000m3 with… Read More
Bangladesh’s shipbreaking industry, long regarded as the global leader in ship recycling, experienced an unprecedented downturn in 2024. With global ship demolition reaching record low levels, only 144 ships, equivalent to 968,000 gross tons (GT), were sent to South Asia for recycling last year. This marks Bangladesh’s lowest level of scrap ship imports since 2005,… Read More
VARD is collaborating with the Norwegian University of Science and Technology in Ålesund, Norway and other key stakeholders in the groundbreaking NuProShip I project, which explores nuclear propulsion for the maritime sector. The NuProShip project NuProShip, short for “Nuclear Propulsion in Shipping,” will evaluate fourth-generation nuclear reactor technologies for their viability in commercial shipping applications…. Read More
A week after Aiviq arrived at Tampa Ship LLC in Florida a new set of photos shows the vessel fully repainted in U.S. Coast Guard icebreaker red. The transom at the stern of the ship reveals the vessel’s likely new name: Storis. The name carries historical significance for the Coast Guard. The original USCGC Storis operated as a light icebreaker and… Read More
