Adani Ports reports fall in Q1 FY2023 profit after tax
The firm’s EBITDA grew by 11% to $377.6m in the first quarter of FY2023.
Ports, Terminals and Shipyards
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Ports, Terminals and Shipyards
Japanese firms create cooperation programme to build simulation platform
The programme will focus on promoting and improving digital engineering technology and skills in the maritime sector.
CMAT and J M Baxi secure tender for Indian container terminal privatisation
The firms will create a new entity to develop the multi-user Jawaharlal Nehru Port Container Terminal.
DSME and contract workers reach deal to call off strike
The company has promised workers a 4.5% wage increase.
MARAD allocates funds for 24 small US shipyards
The funds will be used to carry out upgrades and enhance productivity.
Wärtsilä concludes withdrawal from Russia
Wärtsilä said that the exit was done in an ‘orderly’ manner and in line with local regulations.
Cosco Shipping projects strong first half on rising freight prices
Its EBIT for the period is projected to have risen by about 92.08%.
India’s Deendayal Port Authority to spend $745m for capacity growth
The terminals will be built on a build-operate-transfer (BOT) basis under a public-private partnership (PPP) model.