Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
Japan-linked tanker crosses Strait of Hormuz for first time since WarA significant development for Japan's energy security has occurred. The Idemitsu Maru, a tanker carrying Saudi crude, has successfully navi...
Trump’s Hormuz blockade has deepened a historic shipping crisisThe Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...
US-Iran war: Waiting for 'safe and sustainable' crossings through Strait of Hormuz, top shipping execs sayShipping giants are demanding safe passage through the Strait of Hormuz. Top executives state that until vessels can transit without risk, ...
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
Blackstone, GIC among 10 bidders in fray for LOGOS India's three assetsGlobal investment giants such as Blackstone, GIC, and Mitsui OSK Lines have submitted bids to acquire LOGOS India's logistics assets. These...
Japanese shipper MOL says Red Sea disruption could last a yearYemen’s Houthi rebels have been menacing merchant shipping since mid-November, attempting to board vessels and hitting them with missiles a...
Nikkei shares end higher as Japan earnings cheer offsets virus worriesThe Nikkei average ended 1.82% higher at 27,781.02, erasing losses made on Friday, when it marked its lowest close since early January. The...
Nikkei posts biggest gains in a year as shippers hit 10-year highsThe Nikkei share average jumped 3.12 per cent to 28,884.13, with all 225 shares advancing, and marked its biggest percentage gain since Jun...
RIL arm to sell stake in ethane carriers to Mitsui OSKThe transaction, which will expand Mitsui OSK’s fleet of 850 vessels now, is subject to regulatory approvals.
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...
Reliance Industries Ltd signs shipping deal with Japan's Mitsui"Mitsui will supervise the construction of six Very Large Ethane Carriers (VLECs), ordered by Reliance. Mitsui will also operate and manage...
- Petronet to take 26% stake in LNG shipping venture
Petronet LNG Ltd, India's biggest importer of liquefied natural gas, will take 26 per cent stake in a shipping venture planned to haul gas ...
- MOL modifies China-India service
Mitsui OSK Lines (MOL) has separated its Singapore Mumbai-Nhava Sheva Karachi service (NKX) into two new loops.
- Ministry seeks okay for selling SCI's 20% in JV
Shipping Corporation of India's disinvestment is set to move one step forward with the shipping ministry seeking Union Cabinet clearance fo...
Govt receives bids for 51% SCI stakeNEW DELHI: At least six shipping companies on Monday put in their initial bids for acquiring the government's 51 per cent stake in Shipping...