IHCL signs a Gateway Resort in Kandla, Gujarat
MUMBAI : Indian Hotels Company (IHCL), India’s largest hospitality company, announced the signing of a resort in Kandla, Gujarat. This conversion project will be branded a Gateway resort. Speaking on the occasion, Ms. Suma
India signs Statements of Intent with U.K on electric propulsion systems for Indian Navy
NEW DELHI : India and the U.K. signed a Statement of Intent (SoI) on cooperation on design & development of Electric Propulsion Systems for the Indian Navy. The signing was part of the third
ONGC in talks with domestic shipyards for offshore drilling rigs
NEW DELHI : Oil and Natural Gas Corporation (ONGC) is in preliminary talks with domestic shipyards to construct two offshore jack-up drilling rigs, estimated to cost USD 500-550 million. The plan, recently approved by
ICG conducts 11th National Maritime Search & Rescue Exercise off Kochi coast
KOCHI : The Indian Coast Guard (ICG) conducted the 11th edition of National Maritime Search and Rescue Exercise (SAREX-2024) off the Kochi coast on November 29, 2024. The two-day exercise was inaugurated by Defence Secretary
GRSE commences Steel-Cutting of an ORV for NCPOR, MoES
KOLKATA : In keeping with its proven commitment towards customers and the capability to handle multiple projects of various classes concurrently, Garden Reach Shipbuilders and Engineers (GRSE) Ltd commenced steel-cutting of an Ocean Research
Baltic index drops to 10-month low as rates across segments dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a 10-month low on Friday, logging its second straight weekly loss,
Indian shipping directorate consults on India P&I Club
NEW DELHI : The plan for a new Indian Protection & Indemnity (P&I) Club has taken a step closer to reality with news that the Indian Directorate General of Shipping has issued a tender
Adani Group commits additional $1.2 Billion to Kerala Deep-Sea Port Development
KOCHI : Adani Group’s ports business will invest an extra $1.2 billion in a long-delayed deep-sea facility in India’s southern state of Kerala, its local government said on Thursday. The deal comes after Adani