SCI to Buy 12 Vessels

Monday, July 23, 2007
The Union Cabinet allowed the Shipping Corporation of India (SCI) to buy 12 vessels. SCI will acquire four Aframax tankers of about 1,10,000 dead weight tonnage (DWT) each, two large Range-II product tankers of about 95,000 DWT each, four Panamax bulk carriers of about 75,000 DWT each and two cellular container vessels of about 5,000 TEU each. SCI would be allowed to pay 20 percent of the contract price from internal resources. The fleet acquisition will help SCI to meet the increased demand for crude oil transportation. Source: Economic Times
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Mexican Economy Ministry Slams US Sugar Decision

Mexico's Economy Ministry said on Tuesday a preliminary decision by the United States to impose anti-subsidy import duties on Mexican sugar was a setback in trade

CMB Cancels Order with S.Korean Shipbuilder

Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014.

US to Set Anti-subsidy Duties on Mexican Sugar

The United States is set to slap anti-subsidy import duties on Mexican sugar after a preliminary decision expected to be formally annouced later on Tuesday, the

Navy

US Aircraft Carrier 'Ike' Leaves Drydock

The aircraft carrier USS Dwight D. Eisenhower (CVN 69) (Ike) has left dry dock and moved from Dry Dock 8 to pier 42/43 at Norfolk Naval Shipyard (NNSY) in Portsmouth, Va.

RN Warship Intercepts Caribean Drug Smugglers

Royal Navy warship HMS Argyll has seized £21 million worth of cocaine after a 12-hour pursuit across the Caribbean, informs the Ministry of Defence. Sailors then

Today in U.S. Naval History: August 26

Today in U.S. Naval History - August 26 1775 - Rhode Island Resolve: Rhode Island delegates to Continental Congress press for creation of Continental Navy to

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0869 sec (12 req/sec)