NEW DELHI : The Ministry of Defence has sealed a contract with Telecommunications Consultants India Limited (TCIL) to boost India’s digital armed forces, said the ministry on Friday. The Rs 588.68-crore contract aims to
EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control of its steering and collided with
HELSINKI : MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora class Pure Car and Truck Carriers (PCTCs) for Höegh
LONDON : A new report released on Wednesday at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific
ZURICH : ABB has secured a contract with Auckland Transport (AT) to deliver the maritime world’s first megawatt charging system (MCS) to recharge electric ferries using the same interface as trucks and airplanes. Lowering
SHANGHAI : ClassNK has issued Approvals in Principle (AiPs) for four cutting-edge ship designs developed by Marine Design & Research Institute of China (MARIC). The four designs – a 210k methanol dual-fueled bulk carrier,
AHMEDABAD : Adani Ports and SEZ is reportedly in talks with Shapoorji Pallonji Group to acquire its Gopalpur Ports in Odisha for up to Rs 1,100-1,200 crore in equity value. SP Ports Maintenance owns
MUMBAI : DP World has announced a new sustainability target in India, aiming for at least 60% of the energy required at its terminal operations to come from renewable power sources by 2026. Inspired
NEW DELHI : To promote “Make in India“ policy and to support shipbuilding industry in India, Ministry has brought in Shipbuilding Financial Assistance Policy (SBFAP) scheme for Indian shipyards to procure orders from domestic
DUBAI : The Dubai-based global ports operator DP World has announced that at least 5.0 per cent of its short-sea shipping would be powered by zero-emission fuels by 2030 through hybrid-electric and methanol-enabled vessels.