The protracted bid to take Shipping Corp of India (SCI) private has passed another key hurdle with the government approval for the demerger of its non-core assets. SCI has received approval from the Ministry of Corporate Affairs to separate non-core assets of the company into a new entity, a move...
https://splash247.com/shipping-corp-of-india-assets-split-up-ahead-of-privatisation-bid/
India’s Ministry of Ports, Shipping and Waterways (MoPSW) has revealed its plans to increase the share of renewable energy to 60%.
The post India plans to increase renewable energy in ports to 60% appeared first on Offshore Energy.
https://www.offshore-energy.biz/india-plans-to-increase-renewable-energy-in-ports-to-60/
According to a 15-country study, over a year after Russia’s war against Ukraine began, it has united the west but highlighted a rising gap with the rest of the globe that is shaping the parameters of a future global order, as reported by The Guardian.
Ukraine warThe European Council on Foreign Relations (ECFR) think tank study surveyed opinions in nine EU member states, including France, Germany and Poland, and in Britain and the US, China, Russia, India and Turkey.
“...
https://mfame.guru/is-the-ukraine-war-creating-a-new-global-order/
Dubai’s DP World has won a concession to develop, operate and maintain a container terminal at Deendayal port, Kandla, on the western coast of India. The Tuna Tekra project involves the construction of a large scale facility, to include a 1100m long berth capable of handling container vessels up to 18,000 TEU size. Initial annual throughput capacity is expected to be around 2.19 million TEU.
The new terminal, covering an area of approximately 63 hectares, will be well connected to the hinterland...
https://www.themaritimestandard.com/deendayal-terminal-bid-success-for-dp-world/
Following a very poor year for known ferry fatalities in 2021, last year, 2022, saw a big improvement with the known death toll almost halved from 1,378 to 699. However, ..
The post EDITORIAL | Dramatic reduction in ferry fatalities in 2022 appeared first on Baird Maritime.
In the product tanker sector, Clarksons Research reports Singaporean owner Jaldhi Overseas has returned to Yangzi-Mitsui Shipbuilding, ordering four 50,000 dwt MRs, with delivery due in the second half of 2025 and the first half of 2026. No price has been revealed. Yangzi-Mitsui Shipbuilding is...
https://splash247.com/jaldhi-overseas-back-at-yangzi-mitsui-shipbuilding/
by Giulia Morpurgo (Bloomberg) Investors anxious over billionaire Gautam Adani’s business empire have sent some of his companies’ bond yields above 10%, a milestone typically reserved for junk-rated debt. Adani…
https://gcaptain.com/adani-ports-investors-panic-bond-yields-drop-to-junk-status/
UAE-based logistics giant DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.
The post DP World to develop mega-container terminal at India’s Deendayal Port appeared first on Offshore Energy.
Dubai-headquartered DP World has landed a concession to develop, operate and maintain the ‘mega-container terminal’ at Deendayal port on India’s west coast. Located in Kandla, Gujarat, the project involves the construction of a 2.19m teu terminal at Tuna-Tekra through a public-private partnership...
https://splash247.com/dp-world-to-build-box-terminal-at-indias-deendayal-port/
India, the fastest growing major economy in the world, is seeing ever greater volumes of large boxships visiting its shores, necessitating the construction of far larger ports. The International Monetary Fund forecasts India’s GDP to grow 6.8% this year, while exports are accelerating at a rapid...
https://splash247.com/india-seen-as-one-of-the-years-fastest-growing-box-destinations/