AHMEDABAD : India’s largest private port operator Adani Ports and Special Economic Zone (APSEZ) on Friday said it will acquire 80 per cent stake in Astro Offshore, an offshore supply vessel firm, in an
MUMBAI : Shipping Corporation of India received a ₹160 crore goods and service tax (GST) demand notice from the Deputy Commissioner of State Tax, Government of Maharashtra, for the financial year 2019-20, according to the company’s filing in the
MUMBAI : Container freight rates on trades out of India have generally moderated in August with the exception of bookings to Europe, according to an analysis of market data . On the westbound India-Europe
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
SHANGHAI : On 29 August 2024, COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships featuring dual-fuel methanol propulsion. This
SINGAPORE : Ocean Network Express (ONE) announced the launch of its new weekly services—“Gulf Asia Liner Express (GLX),” “Central China Middle East Express (CMX),” and “South China Middle East Express (SMX)”—which will connect East
EGYPT : Implementation of the Panama Canal Authority’s (ACP) new long- term slot allocation (LoTSA) system has been delayed until 1 October, except for LNG and LPG tankers. The new LoTSA for Neo-Panamax vessels
KYIV : Prime Minister Shri Narendra Modi and Ukraine President Volodymyr Zelenskyy on Friday (August 23) signed four agreements to boost cooperation between India and Ukraine in agriculture, food industry, medicine, culture and humanitarian
MUMBAI : Under the Sagarmala Programme, the Ministry of Ports, Shipping and Waterways is developing the National Maritime Heritage Complex (NMHC), a world-class facility at Lothal, Gujarat. NMHC is set to become an international
MUMBAI : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal visited Maritime Training Institute (MTI), Powai, a leading institution dedicated to imparting benchmark training in the maritime field for more than
