Japanese shipping giant Mitsui OSK Liners in talks to build ships in India, aims to lead green shippingMitsui OSK Lines (MOL) is in discussions with the Indian government to construct ships in India, aiming to contribute to the nation's marit...
DP World plans unit in GIFT City for ship-leasingDubai's DP World is set to launch ship-leasing operations in India, starting with four ships through a subsidiary in Gujarat's GIFT City. A...
Support from govt, industries vital for Indian shilpbuilders: CEO of Japanese co MOLIndian industries should collaborate to strengthen the local shipping and shipbuilding sectors, says Takeshi Hashimoto, CEO of Japan's MOL....
CapitaLand Investment secures S$261 million commitment from Mitsui O.S.K. LinesCapitaLand Investment Limited (CLI) has secured S$261 million from Mitsui O.S.K. Lines, Ltd. (MOL) for its Southeast Asia and India private...
ONGC Videsh to acquire stake in ACG oil field, AzerbaijanAccording to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...
GAIL hires LNG ship from CoolCoGAIL (India) Ltd has contracted a newbuild LNG carrier from NYSE-listed Cool Company for 14 years, enhancing its transportation capacity to...
Thousands of cars including Audis, Porsches adrift on burning cargo shipIt’s not the first time the manufacturer has lost merchandise at sea. When the Grande America caught fire and sank in 2019, over 2,000 luxu...
Seaways Shipping inks pact with MOL Logistics for supply chain, turnkey logistics services"We are delighted to enter into this collaboration. Both MOL Logistics and Seaways are well-established large players in this industry, and...
IFCI now better equipped for Make In India programme: Finance MinistryIFCI was set up in 1948 as Industrial Finance Corporation of India, a statutory corporation to provide medium and long term finance to indu...
Anil Ambani and Mukesh Ambani led Reliance group companies tie up with two Mitsui firms from JapanBoth the deals, announced within a gap of few hours, materialised within months of PM Modi pitching for stronger biz ties between the two o...
Eyeing logistics business, Krishnapatnam Port joins hands with automakers like Volvo, Isuzu MotorsThe flagship concern of the CVR group, the seaport located in Nellore district of southern Andhra Pradesh, plans to attract major automaker...
- World fleet of idle vessels sinks to lowest since October 2011
Global idle containership fleet, bigger than 500 TEU, has reached its lowest level since October 2011
- Facebook deal means virtual 'credits' can be bought in shops
Facebook signed a deal with a Malaysian company on Thursday allowing a virtual currency for online games and services to be sold at retail ...
- Evergreen marine to order 100 boxships
Evergreen Marine has announced plans to spend $5.5 billion to build 100 container ships before the anticipated recovery of the global econo...
- Global majors line up for oil exploration under Nelp-VII
Global oil firms, including ENI, Total, MOL, Mittal, BP, StatoilHydro and Harvest Natural, have expressed interest in the new round of Indi...
- Arcelor shareholders seek court order blocking buyout
Hedge fund investors in steel giant Arcelor SA asked a Dutch court on Wednesday to block the company's $40 billion takeover by Mittal Steel...
- Highest number of bidders vie for JNPT project
With 41 leading port and logistics players expressing their interest for Jawaharlal Nehru Port’s (JNPT) fourth container terminal project, ...