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
CMA CGM hikes freight rates from Asia; slaps container surcharge in the Americas
01 Nov 2024
Shipping giant CMA CGM has announced a hike in freight rates of all kinds (FAK) beginning 15 November 2024
Maersk signs long-term methanol deal for fuelling its container fleet
01 Nov 2024
Danish shipping giant Maersk, part of the AP Moller-Maersk Group, has signed a long-term agreement with LONGi Green Energy Technology Co Ltd
.webp)
