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Shipping & Shipyard Sector

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The successful bidder will deploy cargo handling equipment within seven months of receiving the letter of acceptance (LOA).

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The government owns a 63.75% stake in SCI, valued at around ₹7,800 Crore based on the company's current stock price.

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Nalanda Capital of Singapore, through its affiliate Nalanda India Equity Fund Ltd, sold shares of Great Eastern Shipping Co Ltd.

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Conoship International's "Future Proof Dry Cargo Vessel" will be built as a diesel-electric vessel.

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This is a y-o-y growth of 9.5%.

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Fitch Ratings pointed out that nearly 50% of APSEZ's cargo is considered sticky.

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The Vizhinjam port has been a dream project of successive governments.

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Prime Minister Netanyahu called the Haifa port deal with the Adani Group an "enormous milestone".

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The agreement also underlined the acquisition of an additional 10% stake in IOTL Utkal Energy Services.

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The port's concession period runs until 2054.

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