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The Rs 10,000 crore ‘Container Assistance’ scheme – From Container Corp, SCI to Texmaco, 6 stocks to watch

NEW DELHI : The Budget has brought container manufacturing back into the policy spotlight. The government announced the Container Manufacturing Assistance Scheme (CMAS) with...

SCI delivers stellar Q3 FY 2025–26 performance; posts highest 9-Month PAT in two decades

MUMBAI : The Shipping Corporation of India Ltd. (SCI) has delivered an outstanding financial performance in Q3 FY 2025–26, marking another landmark quarter driven...

Product tanker makes maritime history as the largest fishing vessel broken up for scrap

When Norwegian shipowner Anders Jahre took delivery of the product tanker newbuilding Freeport Chief in 1980, little did anyone at the company know that...

KR, Korean Government and Industry Partner Join Forces to Set International Standards for Ammonia Effluent Discharge

BUSAN: As the maritime industry accelerates its transition to zero-carbon fuels in line with the International Maritime Organization (IMO)’s 2050 net-zero target, ammonia-fueled ships...

India in continuous discussions over Chabahar Port amid US policy changes

NEW DELHI : The Government informed Parliament about key developments concerning the Chabahar Port project, stating that it remains in continuous dialogue with all...

INS Sudarshini’s first port call in Oman, fostering international maritime cooperation

KOCHI : Indian Navy’s sail training ship INS Sudarshini has made her first port call at Salalah in Oman on 02 Feb 2026, marking...

Madras Port & dock employees union objects to Chennai Port’s proposed equity stake in Bharat Container Line

CHENNAI : The Madras Port & Dock Employees Union (CITU) has objected to the Centre urging the Chennai Port Authority (ChPA) to invest 5...

DSV eyes lower freight rates, but port pressures as Red Sea routes resume

COPENHAGE : DSV the world's largest freight forwarder, said on Wednesday that a resumption of transit through the Red Sea should push freight rates...

MacGregor secures major order for large AHC subsea crane on new-generation Floating Wind Farm Construction Vessel

HELSINKI: MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-metre Floating Wind Farm Construction...

GMB steps up efforts to strengthen maritime footprint

GANDHINAGAR : Union Budget 2026 is set to significantly accelerate the growth of Gujarat’s maritime sector, officials of the Gujarat Maritime Board (GMB) said...
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