Adani Ports’ revenue projected at Rs 50,000 crore in next four years
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. surpassed its guidance for cargo, revenue, and Ebitda in fiscal year 2024. These metrics continued to grow in the fourth quarter, with net profit rising
ICTSI plans to build $800 million container terminal in the Philippines
PHILIPPINES : International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas. The new $800 million terminal will be the largest privately funded marine terminal investment in the Philippines’
Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat
ANTWERP : Port of Antwerp-Bruges presented a world premier: the Methatug. This tugboat, which runs on methanol, is part of a greening programme for the port’s fleet and an important step in the transition
S Jaishankar reacts to US warning of “potential risk of sanctions” over Chabahar Port Deal
KOLKATA : A day after the US warned of “potential risk of sanctions” after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister Shri S Jaishankar emphasised that
Mazagon Dock Shipbuilders celebrates 250th Foundation Day
MUMBAI : Mazagon Dock Shipbuilders Limited (MDL) is celebrated its 250th Foundation Day on May 14, 2024. To mark the day, a series of events were organised in Mumbai, presided over by Defence Secretary Shri Giridhar Aramane. These included the inauguration of adjacent land
Indian naval ship Kiltan visit to Cam Ranh Bay, Vietnam
VIETNAM : INS Kiltan arrived at Cam Ranh Bay, Vietnam on 12 May 24 and received a warm welcome by Vietnam People’s Navy and Indian Embassy. The visit is part of the Operational Deployment of
CLARION Project between Port of Antwerp-Bruges and Port of Rotterdam and Hamburg takes the lead in strengthening European Ports’ resilience
ANTWERP : Together with the ports of Rotterdam and Hamburg, Port of Antwerp-Bruges is participating in the CLARION Project, funded by the Horizon Europe programme and coordinated by TU Delft, Faculty of Civil Engineering
IPGL and PMO of Iran signed Long-term Main Contract for development of Shahid Beheshti Port Terminal, Chabahar
CHABAHAR : Union Minister of Ports, Shipping and Waterways and AYUSH, Shri Sarbananda Sonowal visited Chabahar, Iran on 13 May 2024 to witness the signing ceremony of Long-term Main Contract for the development of