SCI reported profit of Rs. 103.30 crore in the Third quarter of FY 2020-21
MUMBAI: The Shipping Corporation of India Limited (SCI) declared its financial results for the third Quarter of FY 2020-21 on 5th February, 2021 and posted a Profit after Tax (PAT) of Rs.103.30 crores and
MOL & Bearing team up to bring Artificial Intelligence to the maritime shipping industry
Mitsui O.S.K. Lines (MOL) announced on Tuesday an expansion of their partnership that began in 2019. The relationship was originally established with the goal of improving shipping efficiencies within the maritime industry. Through various
PSA Mumbai Enhances Europe Connectivity With New Epic/Epi3/Ip1 Europe Service
The berthing of CMA CGM’s “APL New York” on 20th January 2021 marked the launch of PSA Mumbai’s 2nd direct Europe service and its 8th weekly service call. The 9,336 TEU (Twenty-foot Equivalent Unit)
Funding woes of flagging ships
Indian lenders loath to bankroll vessels The Government has taken some key initiatives in a bid to promote a self-reliant India in shipping, but the financing of ships registered under the Indian flag remains
Ministry of Ports, Shipping and Waterways issues finalized guidelines of Floating Structures
NEW DELHI: Ministry of Ports, Shipping and Waterways has finalized and issued the guidelines for floating structures, with a vision to set up world-class floating infrastructure all along the coastline, in the upcoming projects
Atmanirbhar Bharat will increase exports for the company, says Concor
The company will try to achieve 80% last year’s turnover of 6500 cr which is around5200 cr but the increase in land licence fee may hit profits, says V Kalyana Rama, CMD Concor. A
ONE has second quarter of ‘significantly increased’ profit.Ocean Network Express’ net profit escalat…
Ocean Network Express’ announcement that its quarterly profit “significantly increased” could be the understatement of understatements. ONE’s third-quarter after-tax profit skyrocketed by something along the lines of 18,800% — from $5 million in 2019
US based Safesea Group has confirmed that it would be bidding for Shipping Corporation of India
US-based Safesea all set to enter the fray to acquire Shipping Corp of India US-based Safesea Group has confirmed that it would be bidding for , a move that could set up a contest