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Home › Shipping News › Cutting Restrictive Trade Policies Could Boost Global Economic Recovery From COVID-19 By 3.4%: ICS
Cutting Restrictive Trade Policies Could Boost Global Economic Recovery From COVID-19 By 3.4%: ICS
February 24, 2021
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Countries around the world could boost their prospects of economic recovery from COVID-19 by reducing restrictive maritime trade policies, the International Chamber of Shipping (ICS) has found.
An ICS report, entitled ‘Protectionism in Maritime Economies’ and co-authored with Professor Craig Van Grasstek of the Harvard Kennedy School of Government, found that reducing trade protectionism could see GDP gains for national economies increase by up to 3.4%.
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Home › Shipping News › HMD Delivers Its First Medium-Sized LNG Carrier To Knutsen
HMD Delivers Its First Medium-Sized LNG Carrier To Knutsen
February 8, 2021
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Hyundai Mipo Dockyard (HMD), a global No.1 shipbuilder specialized in medium-sized commercial ships, announced that it successfully delivered its first LNG carrier, solidifying its presence in diversification into high value-added ships.
HMD said that it signed the delivery ceremony for the 33,000m3 LNG carrier, which was ordered from Norway’s Knutsen in August 2018. HMD became Korea’s first shipbuilder to deliver its kind of an LNG carrier
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Home › Shipping News › India Ships COVID Vaccines After Commercial Export Approval
India Ships COVID Vaccines After Commercial Export Approval
January 22, 2021
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India is gearing up to supply covid vaccines to other countries as the country has become one of the strongholds of manufacturing the vaccines.
The Oxford coronavirus vaccine called ‘covidshield’ is being manufactured by a Pune-based Indian company the Serum Institute and this will be commercially shipped to countries like Brazil and Morocco.
Fulfilling Vaccine Requests of Other Nations
Serum Institute of India, the largest producer of covid vaccines in the world has already received orders from several countries for this and now the Indian government has approved the commercial exports of the covid vaccines. First consignments of the vacci
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Home › Shipping News › Havyard Developing Hydrogen Zero-Emission Vessels In New Segment
Havyard Developing Hydrogen Zero-Emission Vessels In New Segment
January 22, 2021
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Europe is devoting extensive resources to achieving the climate goals, and the maritime industry is part of the solution. Green solutions and zero-emission vessels are in high demand in several segments.
Now, a European player has contracted Havyard to develop a new ship concept for cargo transport, and it must be emission-free. The partner was first introduced to Havyard by Invest in Norway, who has been working with this company for the last 2 years in supporting their entry to the Norwegian maritime industry.
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