Cochin Shipyard Q4 : Execution challenges, shares tumble 10% on weak performance
KOCHI : Cochin Shipyard’s consolidated revenue declined 50 percent year on year to Rs 600 crore, as it declared losses of Rs 64 crore on an operating level. Net profitability was down 86 percent
GreenLine to add 1,500 LNG-powered trucks to its fleet in FY24
NEW DELHI : Green mobility solutions provider GreenLine will add 1,500 liquefied natural gas (LNG) trucks to its fleet in the current financial year, ending March 2024. The company, part of the Essar Group,
Baltic index nears one-month low as vessel demand weakens
LONDON : The Baltic Exchange’s main sea freight index fell for a sixth straight session on Thursday to its lowest level in almost a month, pressured by lower rates across all vessel segments. The
MoPSW’s next Chintan Shivir on May 21 & 22, 2023 to be held at Munnar
NEW DELHI : The next Chintan Shivir organised by the Ministry of Ports, Shipping and Waterways will be held on May 21 and 22, 2023 at Munnar. Union Minister Shri Sarbananda Sonowal will inaugurate the two-day meet and
Ministry of Ports, Shipping and Waterways ranked 2nd on Data Governance Quality
NEW DELHI : The Ministry of Ports, Shipping and Waterways (MoPSW) has secured the second position among 66 ministries in the highly influential Data Governance Quality Index (DGQI) assessment for 2022-2023 Q3. The shipping ministry has achieved
Great Eastern Shipping net profit up 282 % at Rs721.94 cr for Jan-Mar quarter
MUMBAI : The Great Eastern Shipping Co Ltd, India’s biggest private ocean carrier by fleet size and revenues, said its January-March 2023 net profit soared 282 percent to Rs 721.94 crore from Rs 188.97
India sets sights on green tugs in all major ports by 2025
NEW DELHI : India aims to become a global hub for green shipbuilding by 2030 and is launching a Green Tug Transition Programme as part of the strategy. The programme was announced in late
Sonowal to receive first Indian cargo ship docking at the Sittwe Port on May 9, 2023
DIBRUGARH : Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal, is set to receive the first Indian cargo ship at Sittwe Port in Myanmar on May 9, 2023, marking the
