Adani Ports Q1 Results: Net profit jumps 47% to Rs 3,113 crore, revenue up 11%
AHMEDABAD : Adani Ports and Special Economic Zones on August 1 reported a 47 percent on-year rise in its consolidated net profit to Rs 3,113 crore for the April-June quarter of fiscal 2024-25 (Q1FY25), helped by
Government accelerates Maritime Development with Key initiatives in Andhra Pradesh
NEW DELHI : In a significant update on India’s maritime infrastructure Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal, gave written reply in the Parliament today, detailing major developments and investments within the
TACCC conference examines Net Zero transition
DUBAI : Preparations for the second Transportation and Climate Change Conference (TACCC) to be held in Abu Dhabi, at the Saadiyat Rotana Resort on Thursday September 26th, are gathering momentum. An exciting conference programme
ClassNK issues world’s first approval in principle (AiP) for LNG carrier installed with Wind-Assisted Propulsion System
TOKYO : ClassNK has issued an Approval in Principle (AiP) for the membrane-type LNG carrier installed with the ‘Wind Challenger’, a hard sail wind propulsion system. The ship is jointly developed by Mitsui O.S.K.
UK Chamber joins forces on a long-term plan to decarbonise shipping
LONDON : The UK Chamber of Shipping and seven other maritime trade bodies have written to maritime minister Mike Kane to call for a successor to the Clean Maritime Plan to be an early
Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,
India offers $300 million loan to build up Vietnam’s maritime security
NEW DELHI : India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years. Prime Minister
India and Vietnam team up to preserve Maritime History with NMHC in Lothal, Gujarat
NEW DELHI : India and Vietnam, two nations with a rich and intertwined maritime history, are joining forces to develop the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat. This partnership, rooted in centuries-old