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ULTRA MARITIME
Lockheed Martin to buy Ultra Maritime for $3.45 billionUltra Maritime will become a part of Lockheed's rotary and mission systems, which reported revenue of $17.3 billion in 2025 and employs 35,...
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...
Myanmar overtakes Afghanistan as top illicit opium source; NCB flags India riskMyanmar has become the world's top source of illicit opium, surpassing Afghanistan due to its ongoing civil war and economic crisis. This s...
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fixIndia faces high energy import costs and a weakening ₹. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technolo...
Adani Group is jumping into Europe's deep waters. What can happenAdani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Th...
Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokeholdGlobal trade routes are shifting dramatically. The closure of the Strait of Hormuz due to the Iran war is forcing ships to use the Panama C...
India’s next big power move is set to unfold in the Bay of BengalIndia's ambitious Great Nicobar infrastructure project has received a green light. This mega project, centered around a new transshipment p...
Kolkata Port inks MoUs worth over Rs 48,000cr at India Maritime WeekSyama Prasad Mookerjee Port, Kolkata announced securing over Rs 48,000 crore in strategic investment partnerships. MoUs were signed during ...
Reliance Consumer Products to invest Rs 1,156 cr for manufacturing unit in Tamil NaduReliance Consumer Products will invest significantly in Tamil Nadu. The company plans to establish a manufacturing unit at SIPCOT Allikulam...
Bharat Forge inks pact with UK-based Windracers for (UAV) ULTRABharat Forge and Windracers Limited have partnered to deploy and localize Windracers' ULTRA UAV in India, focusing on defense and civil app...
World's largest container ship MSC IRINA arrives at Vizhinjam International SeaportThe world's largest container ship, MSC IRINA, has arrived at Vizhinjam International Seaport in Kerala, marking a significant milestone fo...
Wadhawan Port will help take India into top-10 container ports globally by 2034: SonowalSonowal highlighted significant contributions of waterways to GDP growth and announced development of green hydrogen hubs in key ports.
India-UK to cooperate, co-create, co-innovate: Rajnath Singh"The industry leaders from the UK outlined their current and future plans for India. Aero-engines, Electric Propulsion, missiles, power-pac...
Defence Minister Rajnath Singh holds 'insightful deliberations' with UK Foreign Secretary"Insightful deliberations with the UK Foreign Secretary, Mr. David Cameron on boosting India-UK ties and deepening cooperation between both...
India eyes key role in global maritime trade: Sarbananda Sonowalpeaking to ET over the phone from Vladivostok in Russia, he said the India-Middle East-Europe Economic Corridor (IMEC), announced during th...
Defence firm Cobham to buy UK rival Ultra in $3.6 billion dealShareholders in Ultra, which counts the British and U.S. governments as customers, will receive 35 pounds a share, in line with a price off...
UK's Ultra may recommend Cobham's $3.6 billion takeover bid to investorsCobham, based in Dorset, England and founded in 1934, is known for its pioneering air-to-air refuelling technology. It was bought last year...
Defence Acquisition Council likely to clear proposal to acquire P-8I aircraftOther projects that is likely to come under discussion is the proposal by Navy for Radio-frequency identification (RFID) system and Combat ...
Global companies offer ONGC deepsea drilling rigs for KG gas findONGC is investing $5.07 billion for developing Cluster-II discoveries in KG-D5 block to flow natural gas from from June 2019 and oil by Mar...