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The first vessel is to estimated to be delievered in October 2029, with subsequent deliveries scheduled at four-month intervals.Shares of Swan Defence and Heavy Industries Ltd. are in focus on Tuesday, April 7, after the company said it received a Category 4 order from Energy ONE Ltd. to construct four 92,500 deadweight tonnage (DWT) dual-fuel ammonia bulk carriers. Swan Defence classifies orders in the ₹1,501 crore to ₹3,000 crore range as 'Category 4'. The first vessel is to estimated to ...Read More >
A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, the data showed. The U.S.-Israeli war against Iran has all but halted shipping through the strait, but Iran says "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities. Green Asha and Green Sanvi have crossed the Gulf area and are in the eastern Strait of Hormuz, the data showed, taking the total number of Indian-flagged LPG carriers that have traversed the Strait to eight. India is g ...Read More >
In a statement, DP World said the vessel handled over 8,000 twenty-foot equivalent units - including import, export, and transshipment volumes-the "highest ever achieved in a single vessel operation" at the terminal. The new record surpasses the previous milestone of over 6,000 TEUs handled by MSC Aurora. "The arrival of MSC Ilaria underscores DP World Cochin's ability to handle next-generation Ultra Large Container Vessels and support growing trade volumes with efficiency and reliability," th ...Read More >
Kochi, April 5 (UNI) DP World Cochin has set a new operational benchmark by handling more than 8,000 twenty-foot equivalent units (TEUs) from a single vessel, marking the highest volume ever achieved at the terminal. The record was set with the arrival of MSC Ilaria, a 366-metre-long ultra large container vessel (ULCV), surpassing the previous high of over 6,000 TEUs handled from MSC Aurora. The milestone highlights the terminal's growing capability to efficiently manage next-generation contai ...Read More >
Kochi: DP World Cochin has welcomed MSC Ilaria, one of the largest container vessels to call at the International Container Transshipment Terminal, officials said on Saturday. In a statement, DP World said the vessel handled over 8,000 twenty-foot equivalent units (TEUs) -- including import, export, and transshipment volumes -- the "highest ever achieved in a single vessel operation" at the terminal. The new record surpasses the previous milestone of over 6,000 TEUs handled by MSC Aurora. "The ...Read More >
Swan Defence and Heavy Industries (SDHI) has secured its first major shipbuilding deal since taking over and reviving the Pipavav shipyard, signing a letter of intent (LoI) with Norway's Rederiet Stenersen for the construction of six 18,000 dwt chemical tankers worth about $220m. The agreement includes an option for six additional vessels of the same class. The IMO Type II ships will be built at SDHI's Pipavav facility in Gujarat, India's largest shipyard by dry dock capacity, which restarted o ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. Also Re ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. The com ...Read More >
South Korean firms explore partnerships as India invests heavily to develop domestic shipbuilding capabilities As the Indian government announces massive policy funding to develop the shipbuilding industry into a national strategic business, South Korean shipbuilders are expected to benefit. India is in urgent need of skilled overseas partners to enhance its shipbuilding capabilities. South Korea, with strengths in high-value-added and eco-friendly ship construction and no security issues with ...Read More >
Mumbai : Swan Defence and Heavy Industries Limited (SDHI), India's largest shipbuilding and heavy fabrication company, has signed a strategic Memorandum of Understanding (MoU) with Samsung Heavy Industries, one of the world's leading shipbuilders in specialized and complex vessels. Both the partners will jointly explore commercial shipbuilding and heavy engineering projects across domestic and international markets. On the shipbuilding collaborations, the projects will encompass a wide range of ...Read More >
Samsung Heavy Industries signed a memorandum of understanding (MOU) with Indian shipmaker Swan Defence and Heavy Industries, a shipyard located in Gujarat, western India, to cooperate in the shipbuilding and offshore sectors, the Samsung subsidiary said Monday. Swan Defence and Heavy Industries operates India's largest dry dock -- measuring 662 meters (2,172 meters) by 65 meters -- and has the capacity to build very large crude carriers (VLCCs) and offshore facilities. Through the partnership, ...Read More >
Garden Reach Shipbuilders & Engineers (GRSE), a Kolkata-based defence firm is betting big on expanding its offshore footprint. From signing a pact with Dubai based firm for new offshore projects to inking partnership with global engine manufacturer, the company has a strong pipeline of new orders. As part of its efforts to enter the offshore construction sector, GRSE also signed a Memorandum of Understanding (MoU) with Aries Marine, a Dubai-based engineering and design firm. The MoU aims to id ...Read More >
Garden Reach share price has rallied a staggering 113 percent since the start of the year. Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed percent as much as 5 percent to hit a fresh 52-week high of Rs 3,521 in morning deals on Thursday after the defence PSU announced fresh global collaborations aimed at expanding its presence beyond military platforms. In a regulatory filing, GRSE said it has entered into a memorandum of understanding (MoU) with Hamburg-based Carsten Rehder for ...Read More >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,50 ...Read More >
Mumbai, Dec 18 (PTI) Cochin Shipyard Limited's wholly-owned subsidiary Udupi-Cochin Shipyard on Wednesday announced the launch of the Series of Six 3800 TDW general cargo vessels being built for Norway's Wilson ASA. The vessel was launched by Martine Aamdal Bottheim, Minister Counsellor and Deputy Head of Mission at the Royal Norwegian Embassy, along with Wilson ASA Chief Financial Officer Einar Tornes and Cochin Shipyard's Chairman and MD Madhu S Nair, Cochin Shipyard Ltd said. Constructed as ...Read More >
UK sanctions 30 shadow tankers in largest clampdown on Russian oil trade The UK has blacklisted another 30 oil tankers in Russia's "shadow" fleet in its largest sanctions package of this kind to date, the government said Nov. 25, as a G7 foreign ministerial meeting kicks off in Italy. To circumvent the G7's price cap on seaborne Russian oil exports, Russia has amassed a large tanker fleet of 586 ships totaling 57.1 million dwt, according to a recent analysis based on S&P Global Commodities at ...Read More >
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