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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...

V.O.C Port signs agreement with CEL for Anti-Drone System implementation

TUTICORIN : V.O. Chidambaranar Port Authority (VOC Port), Tuticorin, has signed an agreement with Central Electronics Limited (CEL) for the implementation of an advanced...

China’s shipbuilding sector maintains global leading position in 2025

China's shipbuilding industry maintained the world's largest market share in terms of three major indicators for the 16th consecutive year in 2025, according to...

ClassNK Fleet Cost Simulation’ receives ‘Best Project Innovation Award’ at Saudi Maritime Awards

TOKYO: The service ‘ClassNK Fleet Cost Simulation’*1 provided by ClassNK has been honored with the Best Project Innovation Award at the Saudi Maritime Awards,...

Iran tensions: Armed boats harass ship in Strait of Hormuz

A ship sailing through the Strait of Hormuz has reported being harassed by several armed boats. The unnamed vessel was travelling 16 nautical miles (30...

Wärtsilä: All-Time High Operating Result and Cash Flow in 2025

HELSINKI: This release is a summary of Wärtsilä’s Financial Statements Bulletin January–December 2025. The complete report is attached to this release as a pdf...

Modi Govt’s Atmanirbhar container drive takes shape with Bharat Container Shipping Line MoU

Union Ministers Sarbananda Sonowal, Ashwini Vaishnaw attend MoU signing as national container line plan aligns with CMAS incentive Proposed ₹59,000-crore Fleet and Domestic Container Manufacturing...
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