DCI turns profitable with Q4 net profit at Rs 21.39 cr
VISAKHAPATNAM : Dredging Corporation of India (DCI) reported a net profit of Rs 21.39 crore for the March 2025 quarter, mainly on the back of increased income. It
Bangladesh cancels $21-million order from Garden Reach Shipbuilders
DHAKA : The Bangladesh government has cancelled an order worth nearly Rs 180 crore from Garden Reach Shipbuilders & Engineers Ltd. The contract was for construction of an
Cyclone circulation! Mormugao Port shuts down operations, implements monsoon safety protocols
GOA : The Mormugao Port Authority has suspended all port operations until further notice in response to the development of a cyclonic circulation off the Goa and North
Karin Orsel receives IMO Gender Equality Award
LONDON : Maritime entrepreneur recognised for her work to advance gender equality and empower women in the industry. Netherlands shipowner and entrepreneur Ms. Karin Orsel was presented with
Inmarsat provides NexusWave to Mitsui O.S.K. Lines to help accelerate onboard digitalisation strateg
LONDON : Inmarsat Maritime, a Viasat company, has signed an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade its fleet from Fleet Xpress (FX) service to Inmarsat’s NexusWave.
ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0)’
TOKYO : ClassNK has released the latest version of its report ‘ClassNK Alternative Fuels Insight (Version 3.0)’. This provides updated information on cost simulations reflecting the IMO’s mid-term
Indian Govt. plans to spend $10 billion on homebuilt oil tanker fleet
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as
CMA CGM revenue hits $13.3 billion in Q1 2025
MARSEILLE : The CMA CGM Board has reviewed its Q1 2025 results, reporting robust performance driven by key investments. Revenue stood at $13.3 billion in the first quarter
Unifeeder and PlanatEarth launch Hybrid Marine Ambulance and Dispensary for Island Communities in Ke
ERNAKULUM : Unifeeder, a DP World company, in partnership with Kerala-based NGO PlanatEarth, has launched a hybrid Marine Ambulance and Dispensary for the island communities of Kadamakkudy Panchayath,
Seafood exports in India surge despite global uncertainties
NEW DELHI : India’s seafood exports have recorded a robust growth of 17.81 per cent in April this year to $0.58 billion as the country continues to play