Global Ship Lease Seals The Deal To Acquire And Charter Seven Post-Panamax Container Vessels
The Global Ship Lease has given a green signal to buy and charter no less than seven post-panamax container vessels each weighing 6,000 teu. Global Ship Lease has a loyal customer base that includes popular names like Hapag-Llyod, Maersk, COSCO, ZIM, CMA CGM and MSC. The total investment is declared as $116m with 20 years being the approximate average age of each container ship. The delivery dates for the 9,000 teu container vessels have been fixed during the second and third quarters of 2021 and will soon be chartered to renowned liner operators for 36 months at the minimum with two one-year extension variants if the need arises. The above-mentioned post-panamax vessels are all set to be renamed as GSL Tegea, GSL Arcadia, GSL Maria, GSL Violetta, GSL Melita, GSL Dorothea, and GSL MYNY. Throwing light on this post-panamax transaction, the Executive Chairman of Global Ship Lease is of the opinion that this investment will ensure hefty financial returns along with a low residual value risk with a positive cashflow. The transaction will also establish GSL’s strong presence in efficiently supervising the older vessels in the maritime arena and boost its overall growth.
The Kamarajar Port In North Chennai Might Be Transformed Into An Eastern Gateway Of Indian Maritime Industry
The Kamarajar Port is conveniently located at Ennore in North Chennai and harbors great potential to be established as the next eastern gateway of India with its rapidly evolving infrastructure and top-notch services. The port authority is also striving hard to improve the road connectivity as the foundation for a concrete structure will be completed by June 2022. Presently, the Kamarajar Port is now well-equipped to handle around 54.44 million tons of cargo on a yearly basis.
Syama Prasad Mookerjee Port Successfully Handles Highest Parcel Load Of Nepal Bound Fertilizer And Achieves A Milestone
The Syama Prasad Mookerjee Port (earlier referred to as the Kolkata Port Trust) has delivered an exceptional performance by handling the highest parcel load from Nepal Bound Fertilizer in a bulk carrier vessel. The bulk carrier vessel (named as MV Emelda) was fully loaded with a fertilizer shipment of 50,000 metric tons of urea has successfully discharged the cargo at Syama Prasad Mookerjee Port after being transferred through barges to the dock. It is amazing how the port has transformed into a gateway port for dealing with Nepal traffic and is now responsible for handling 80 percent of Nepal EXIM cargo. The Syama Prasad Mookerjee Port has aced its services by handling Nepal traffic that consists of containers, fertilizer, food grains and coal.
Union Minister Plans A Permanent Jetty Service On River Gomati For Smooth Transfer Of Barges And Small Vessels
Mansukh Mandaviya, the Union Minister, has announced the upcoming plans of introducing a permanent jetty along with advanced infrastructure on Gomati river, which is located at Sonamura in the Sepahijala district in Tripura. The newly launched jetty service will boost the smooth, hassle-free movement of small ships and barges via the Sonamura-Daudkandi waterways. On July 4, Tripura had set up a floating jetty on the Gomati river as an integral part of the connectivity project under the Indo-Bangla International inland waterways. Since Gomati is termed as a seasonal river, the water route only remains accessible for 3-4 months in a year owing to the fact that the silts are deposited too fast.
Britain-Based Windship Technology Introduces A Brand-New Emissions-Free Vessel Design
The British maritime organization Windship Technology has recently launched a modern-day, whole-ship solution to combat the harmful carbon dioxide emissions from vessels by unveiling hi-tech, emissions-free tanker vessels and bulk carrier designs. The technical department at Windship Technology has been further motivated to introduce an electric ship drive system that is highly efficient at diminishing CO2, SOX, NOX, etc. by implementing new-age carbon capture, large-sized solar arrays, weather routing software and optimized hull designs to enhance its level of performance. The British company is incorporating the futuristic elements of wind power and solar power, along with eliminating the exhaust emissions to achieve its true goal of zero carbon shipping in order to preserve our precious environment.