Adani Ports Q4 preview : High volumes set to boost revenue, EBITDA ; all eyes on Red Sea impact
AHMEDABAD : Adani Ports and Special Economic Zone is likely to report mixed Q4 earnings, with revenue and EBITDA seen rising sharply from the previous year, led by higher volumes, but net profit may fall,
Indian Register of Shipping classed tugs – Sonalika and Sarovar launched in Kakinada
KAKINADA : Indian Register of Shipping (IRS), a leading classification society, announces the successful launch of two sister vessels, Sonalika and Sarovar, at the San Marine Yard in Kakinada. The 34m long tugs are
Ocean Network Express announces financial result for FY2023
SINGAPORE : The revenue for FY2023 was US$14,536million, down 50% from the last year, with net profit of US$974million (YoY -US$14,024million). The short-term freight rate market continued to decline due to sluggish cargo movements
MoPSW, CSL and IWAI organised conference on ‘Challenges and Prospective Solutions in Inland Waterways and Shipbuilding’
KOCHI : Ministry of Ports, Shipping and Waterways (MoPSW), Government of India, along with Cochin Shipyard Limited (CSL) and Inland Waterways Authority of India (IWAI) recently organized a two-day conference here ,Kerala (23-24th April) on ‘Challenges
Adani’s Vizhinjam Port bags nod to run as a first Transshipment Hub in India
THIRUVANANTHAPURAM : After receiving the approval for being declared as a Customs-notified port earlier this week, Vizhinjam Port has received approval from the Ministry to operate as India’s first transshipment port. Current regulations require the shipping ministry’s
MP Tourism Board and IWAI sign MoU for cruise sailing in Narmada from Statue of Oneness to Statue of Unity
KUKSHI : The Madhya Pradesh Tourism Board has signed a Memorandum of Understanding (MoU) with the Inland Waterways Authority of India (IWAI) and the Government of Gujarat. Under the terms of the MoU, IWAI
SJVN sets milestone with Inauguration of First Multi-purpose Green Hydrogen Pilot Project of the Nation
NEW DELHI : SJVN Limited has achieved a significant milestone with the inauguration of India’s first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at SJVN’s 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri,
Shipping regulator issues ‘urgent advisory’ to recruiting agencies amid West Asia tensions
MUMBAI : Maritime sector regulator Directorate General of Shipping (DGS) has issued an ’urgent advisory‘ for Indian recruiting agencies and seafarers amid the ongoing situation in Iran and Israel to ensure safety of the