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TN Govt signs two Ultra Mega MoUs with Cochin Shipyard and Mazagon Dock for ₹30,000 crore investment with 55,000 jobs

CHENNAI : The Tamil Nadu Government has announced the signing of two Memorandums of Understanding (MoUs) in the shipbuilding sector with state-run Cochin Shipyard...

SMP Kolkata takes a major step towards maritime modernization with foundation stone laid by Hon’ble PM Narendra Modi

BHAVNAGAR : Syama Prasad Mookerjee Port (SMP), Kolkata, marked a historic milestone today as the Hon’ble Prime Minister of India, Shri Narendra Modi, virtually...

SDHI, SMFCL partner to explore shipbuilding financing support under the Maritime focused Equity Fund

BHAVNAGAR: Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, announced a strategic Memorandum of Understanding (MoU) with Sagarmala...

GMU signs MoU with Neptune Logitek Limited

GANDHIDHAM : Gujarat Maritime University and Neptune Logitek Limited formalized a Memorandum of Understanding to strengthen cooperation in the fields of education, research, and...

Drewry: World Container Index Down 6% Last Week

LONDON: Drewry’s World Container Index decreased 6% to $1,913 per 40ft container last week. Drewry's detailed assessment for Thursday, 18 Sep 2025 The Drewry World Container...

Xeneta Weekly Ocean Container Shipping Market: Rates on the Rise

OSLO: The average spot rates from Far East have increased in the past week into both the US East Coast and US West Coast,...

Baltic Exchange’s Container Report – Week 38

LONDON: Official stats show that exports from China to the USA fell by a third in August, Chinese and American negotiators had their fourth...

PM to inaugurate and lay the foundation stone of multiple development projects worth over Rs 34,200 crore at Bhavnagar today

PM to participate in ‘Samudra se Samriddhi’ event Projects cater to multiple sectors: maritime, LNG infrastructure, renewable energy, highways, healthcare and urban transport BHAVNAGAR: Prime Minister...

PM Modi to review National Maritime Heritage Complex at Lothal today

AHMEDABAD : Prime Minister Shri Narendra Modi will be on a visit to Gujarat today on September 20, where he will review the progress...

Paradip Port Authority, Odisha Maritime Board join forces to build Shipbuilding Cluster & Satellite Port

BHAVNAGAR: In a transformative move for India’s maritime sector, the Paradip Port Authority (PPA) and the Odisha Maritime Board (OMB) have signed a Memorandum...
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