Shipping

Mazagon Docks to acquire substantial stake in Colombo Dockyard

By Unnikrishnan | 01 Jul 2025

State-owned defence ship building company Mazagon Dock Shipbuilders is investing Rs452 crore ($52.96 million) to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC

India, Norway to expand maritime cooperation, explore Northern Sea Route

05 Jun 2025

India and Norway are expanding maritime cooperation with plans to explore the feasibility of operationalising the Northern Sea Route (NSR)

Maersk trims 2025 global container forecast amid rising trade and geopolitical tensions

08 May 2025

Global shipping giant A.P. Moller-Maersk has revised its outlook for the container shipping market in 2025, citing growing economic uncertainty and geopolitical instability.

RIL buys additional 10% stake in Nauyaan Shipyard for Rs51.72 cr

14 Apr 2025

Reliance Industries Ltd (RIL) has acquired an additional 10 per cent equity stake in Nauyaan Shipyard Pvt Ltd (NSPL)

Indian Navy to commission 3 frontline combat platforms on 25 January

02 Jan 2025

Indian Navy is poised for a landmark in its defence preparedness with the commissioning of three frontline combat

Govt launches ‘Jalvahak’ for regular cargo movement on inland waterways

21 Dec 2024

Early this week, India announced the launch of scheduled cargo vessel services on the main inland waterways that would facilitate regular movement of goods along the arterial rivers.

Goa to be developed as cargo and cruise hub

03 Dec 2024

The central government is investing Rs101.72 crore for developing international and domestic cruise terminals, besides a ferry terminal at Goa’s Mormugao Port

CMA CGM seeks data compliance under EU’s new import control system

14 Nov 2024

Shipping giant CMA CGM has asked its customers to be ready with the additional mandatory data required to be provided under the European Unions’ Import Control System 2 (ICS2) regulations