HELSINKI : Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to Seaspan, a marine transportation and shipbuilding company, the cutting-edge autonomous SmartDock capabilities to the seas. This delivery marks a significant step towards
NEW DELHI : India, in ongoing talks on several Free Trade Agreements, may push for clauses to ensure that steel products imported from the partner country are manufactured in that country rather than being routed
COLOMBO : The U.S. International Development Finance Corporation (DFC) has recently pledged $553 million in funding for the Colombo West International Terminal Pvt. Ltd. (CWIT) project, a consortium involving Adani Ports and SEZ Ltd., John
NEW DELHI : In a recent announcement, Shri Sanjay Swarup, the newly appointed Chairman and Managing Director of Container Corporation of India Ltd (CONCOR), outlined his vision and strategy for the state-run company. Among
PIPAVAV : Gujarat Pipavav Port Ltd on Wednesday posted a 51 per cent rise in consolidated net profit at Rs 107.6 crore for the September quarter, helped by higher income. It had clocked Rs
MUMBAI : JSW Infrastructure, India’s second biggest port operator by volumes, is keen to explore port privatisation opportunities being opened up by the government and is also exploring the mega transshipment port project at
MUMBAI : The Maharashtra Cabinet on Wednesday approved the state’s first export incentive policy which is aimed at generating investments worth Rs 25,000 crore. The state plans to have a 22% share in the country’s target
THIRUVANANTHAPURAM : A second Chinese ship will be arriving at the international deep-sea facility in Vizhinjam today on November 9, sources at the port said on Wednesday. The ship, Zhen Hua 29, would be carrying one ship-to-shore
AHMEDABAD : Adani Green, a unit of the Adani Group, has announced a substantial investment of $750 million in Sri Lanka’s power sector, as revealed by Adani Ports and Special Economic Zone (SEZ) CEO, Mr. Karan Adani, in an exclusive interview.
NEW DELHI : In a bid to give impetus to Aatmnirbharbharat in the maritime sector, finance ministry is likely to raise basic customs duty (BCD) on fishing vessels, tugs and pusher crafts and light