Adani Ports acquires 80% stake in Astro Offshore for Rs 1,551 crore
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
Container freight rates out of India begin to trend down after strong gains in July
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
Swan Energy to showcase its State-of-the-Art Shipyard at SMM Hamburg 2024
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,
Panama Canal delays new long term booking system to October
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
Sarbananda Sonowal reviews progress of National Maritime Heritage Complex Project, Lothal, Gujarat
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
Sarbananda Sonowal celebrates the 1st NATIONAL SPACE DAY with young MTI cadets
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
DPA Kandla on the way to becoming a Green Hydrogen Hub
GANDHIDHAM : CEO of AM Green(India) Pvt. Ltd, Mr. Gautam Reddy, met Chairman, DPA for discussing plans for production of Green Hydrogen, Ammonia & its derivatives, at Kandla. Chairman, DPA appreciated the holistic planning
India signs SOSA with US
Strengthening India-US Defense Ties with SOSA WASHINGTON : India and the United States have taken a significant step in bolstering their defense relationship by signing two crucial agreements: the Security of Supplies Arrangement (SOSA) and a