GRSE earns Rs 1,654 crore revenue from operations in 1st half of FY 2023-24
KOLKATA : Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) on Friday said it earned a revenue of Rs 1,654 crore from operations in the first half
West Bengal aims Rs 5,000 Cr capex in logistics sector in 3yrs
KOLKATA : West Bengal plans to attract investments to the tune of Rs 5,000 crore in the logistics sector over the next three years. A senior state government
Oil tanker blast at Chennai Port kills one, injures three
CHENNAI : An explosion on board an oil product tanker docked along one of the berths at India’s Chennai Port killed a worker and injured three others on
DP World Australia shuts down ports in Australia over ‘cybersecurity incident’
SYDNEY : Ports operator DP World Australia has shut down its ports around the whole country as it works to contain a “cybersecurity incident”. The stevedore, which manages
Bangladesh PM to open first-ever Matarbari Deep Seaport Channel
CHATTOGRAM : Prime Minister Sheikh Hasina on Saturday (Today) will inaugurate Matarbari deep seaport’s 14.3-kilometre-long artificial navigation channel stretching from the proposed terminal to the sea and lay
Analyst says Maersk rate cutting behind Q3 losses
HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’
A plan to join the Red Sea with Mediterranean — an alternative to the Suez Canal : Report
It has been speculated that one of the reasons behind Israel’s desire to eliminate Hamas from the Gaza Strip and completely control the Palestinian enclave is to give itself the
Ruth Wood appointed as permanent CEO at Mersey Maritime
BIRKENHEAD : Just five months after becoming Interim Chief Executive of Mersey Maritime, Ms. Ruth Wood has now been appointed to the role on a permanent basis. Ruth
NAVTOR and Voyager Worldwide to Merge in Landmark Industry Combination
EGERSUND : NAVTOR, a leading e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a leading provider of maritime technology solutions, announced that both companies have
GMB to prepare a master plan for its non-major ports
GANDHINAGAR : Gujarat is taking its non-major ports (NMPs) operated by the Gujarat Maritime Board (GMB) to the next level with plans to enhance capacity, efficiency, safety, and