India, along with 62 countries, has voted in favour of the world’s first global carbon tax on shipping, adopted by the UN’s International Maritime Organisation (IMO).
From 2028, ships must adopt cleaner fuels or face a $380/tonne fee, with $40B expected to fund maritime decarbonisation...
1 year ago
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Cochin Shipyard Ltd has signed an MoU with Dubai’s Drydocks World to explore a joint venture for ship repair facilities in Kochi and Vadinar.
Cochin Shipyard’s ₹1,000 cr Kochi facility begins operations, eyes global clients with ship lift tech and regional dry d...
1 year ago
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BlackRock has invested $250 million in the Adani Group’s $750 million private bond issuance, marking its first private placement in India’s infrastructure sector.
BlackRock buys one-third of Adani bond issuance, showing confidence in India’s infra sector despite ongoing U.S. investi...
1 year ago
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Mumbai is undergoing rapid redevelopment alongside major infrastructure projects, causing concerns about worsening air quality due to rising construction activities.
CREDAI-MCHI defends redevelopment projects, citing infrastructure as bigger AQI contributor. EODR 2.0 launched to boost...
1 year ago
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Adani's Vizhinjam Port in Kerala marked a historic milestone as MSC Turkiye, one of the world's largest and most eco-friendly container ships, docked for the first time in India.
Vizhinjam Port handles a 24,346 TEU ULCV, enhancing its global transshipment hub status with deep-sea access and smart i...
1 year ago
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Adani Vizhinjam Port, IDBI Bank, and the Department of Economic Affairs signed.
Centre and Kerala clear ₹1,817.8 crore VGF for Vizhinjam Port, India’s first VGF-backed port, targeting global cargo and...
1 year ago
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Swan Defence and Heavy Industries Ltd has signed an MoU with Garden Reach Shipbuilders & Engineers Ltd.
GRSE partners with Swan Energy to scale commercial shipbuilding at Pipavav, aiming to boost exports and grow India's mar...
1 year ago
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Cochin Shipyard Ltd has signed an MoU with Drydocks World.
DP World-led JV to develop ship repair clusters in Kochi and Vadinar, enhancing India's maritime and offshore engineerin...
1 year ago
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Cochin Shipyard Ltd is set to begin construction on two green tugs ahead of firm orders, anticipating contracts under India’s Green Tug Transition Programme (GTTP).
India’s ₹1,000 Cr GTTP kicks off with steel cutting. Ports float electric tug tenders; green tugs to cut emissions by 20...
1 year ago
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India’s 12 major ports handled 854.855 million tonnes (mt) of cargo in FY25, marking a 4.34% rise from 819.294 mt in FY24, driven by strong growth in containers, finished fertilisers, and miscellaneous cargo.
Container volumes up 10% to 13.54M TEUs; Paradip leads with 150.408 mt. Iron ore down, misc cargo up 30.59%; JNPA, Deend...
1 year ago
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India has pledged full support to Myanmar in the wake of the devastating 7.7 magnitude earthquake on March 28, which claimed over 3,000 lives and caused widespread destruction.
India pledges aid for Myanmar's recovery after iconic sites like Mahamuni Pagoda and U Bein Bridge suffer severe damage.
1 year ago
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Infra.Market, a B2B construction materials startup backed by Tiger Global and Accel, is planning a $1 billion IPO targeting a valuation of up to $5 billion.
Infra.Market plans IPO by Diwali 2025, filing draft papers by June. Tiger Global, Accel among key backers of the $2.8B u...
1 year ago
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