MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss for the logistics arm of Mahindra
BADHOEVEDORP : EST-Floattech is proud to announce that KOTUG International B.V. (“KOTUG”), the leading international towage and maritime company, has chosen EST-Floattech’s containerized energy storage solution with Octopus Series for the E-Pusher 1 (Type
LONDON : The updated 2024 version of BIMCO’s widely used ship management contract SHIPMAN is now available for use in SmartCon and on the BIMCO website accompanied by explanatory notes. SHIPMAN 2024 was adopted
NEW DELHI : The contract for indigenous design and construction of three Cadet Training Ships was concluded between MoD and M/s L&T in Mar 23. Steel Cutting ceremony of the third Cadet Training Ship
NEW DELHI : Indian Navy conducted Exercise Poorvi Lehar on East Coast under the Operational Control of The Flag Officer Commanding-in-Chief, Eastern Naval Command. The exercise aimed at validation of procedures towards assessment of
China, a maritime power in the South China Sea and the Indian Ocean in the 14th century, has now undertaken a substantial expansion of its maritime infrastructure and naval fleet, poised to rival the
NORWAY : Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship
LONDON : The Baltic Exchange’s dry bulk sea freight hit a more than three-week high on Thursday, driven by robust demand across all vessel segments. The overall index, which factors in rates for capesize,
NEW DELHI : The Indian government has put the country’s Navy on high alert to respond quickly to calls of distress from ships, both Indian and foreign flag carriers, moving through the strife-torn Persian
NEW DELHI : The government is working on easing the ‘related party transaction’ clause under the Goods and Services Tax (GST) , for foreign companies in India. This is likely to happen within 100