Adani Ports takes 95% stake in Gopalpur Ports for enterprise value of ₹3,080 crore
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels
LONDON : The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and for this sector’s contribution to minimise
Port cargo volumes to grow 6 – 8 per cent in FY25
Containers and coal shipments are expected to support cargo volume growth at the ports in FY25 by 6 -8 per cent. In the first 10 months of FY2024, cargo volumes witnessed a 7.6 per
VOC Port Authority held pre-bid meet to build a 4 million TEUs capacity container terminal in the port’s outer harbour
MUMBAI : Some of the potential bidders participated in a Roadshow held by the pre-bid meeting called by V O Chidambaranar Port Authority on 18 March in Mumbai to build a 4 million twenty-foot
Another Chinese missile tracking vessel in Indian Ocean Region as India issues new NOTAM
NEW DELHI : A Chinese satellite and missile tracking vessel is approaching the Indian Ocean, raising concerns in India, said Damien Symon, a geo-intelligence expert, on Friday. He also said that one more Chinese
Indian Navy plays important role in the Indian Ocean Region on anti-piracy missions to counter Somali pirates
NEW DELHI : The Indian Navy is playing an important role as a security provider in the Indian Ocean Region, with repeated operations demonstrating its capabilities, particularly in the north-western Indian Ocean, where security
The future of global trade : UNCTAD announces first-ever Global Supply Chain Forum
GENEVA : In a world facing unprecedented challenges, the Global Supply Chain Forum (GSCF) 2024 is set to provide a crucial platform for leaders and experts to discuss the changing landscape of international trade and logistics.
Sea-Intelligence sees 2023 profitability close to pre-pandemic levels
COPENHAGEN : In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish maritime data analysis firm noted that the