Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which
Adani Group eyeing opportunities in neighbouring countries after Sri Lanka port, says Karan Adani
COLOMBO : Days after announcing a significant $553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Mr. Karan Adani, CEO of Adani Group told
GAIL does world’s first ship-to-ship LNG transfer; cuts CO2 emissions
NEW DELHI : India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks
FICCI survey indicates accelerated Indian economic growth in Q2 driven by higher demand
NEW DELHI : The latest quarterly survey from FICCI reveals a strong growth momentum in India’s manufacturing sector during the second quarter of the fiscal year 2023-24. Despite
ONGC to start oil production from $5 billion deep-water project this month
NEW DELHI : Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal
DP World gradually restarting operations around its Australian Ports after cyber-attack
SYDNEY : Australia’s biggest ports operator, DP World Australia which has been the target of a cyber-attack, has begun gradually restarting its operations, but key exports could be
US-Adani deal for Sri Lanka port heats up race with China
NEW DELHI : The US International Development Finance Corporation’s (DFC) announcement of a $553 million investment in the West Container Terminal of Colombo port was not unexpected.The said
Indian Major Ports log FY24’s 1st double-digit cargo growth, shows IPA data
NEW DELHI : Indian Major ports which had been showing slow growth this financial year, saw a turnaround in October. There was 13 per cent growth in cargo
Nitin Gadkari reveals Electric Vehicle prices in India slashed below ₹60,000
NEW DELHI : Gradually, the automobile market is witnessing significant changes as people are increasingly opting for electric vehicles (EVs) over petrol and diesel vehicles. However, the high
C P World collaborates with SeaRates of DP World
MUMBAI : The C P World Group, a leading neutral LCL consolidator founded in 2005, opened its first office in Dubai in the year 2005. Since then, there
