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DP World's marine services business acquires container vessel to boost coastal shipping capabilities
DP World's Shipping Solutions acquired the container vessel DP World Indus. This acquisition strengthens its coastal shipping capabilities within the domestic Indian market. The vessel supports cargo movement, reducing road network pressure and promoting sustainable supply chains. DP World's network now spans fourteen ports with a dedicated fleet of ten vessels. This investment aligns with DP World's strategy to enhance India's logistics and maritime infrastructure.
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply deal
India's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methanol annually, valued at $1 billion. This significant deal aims to bolster the shipping industry's shift to low-carbon alternatives, meeting stringent international environmental standards. The renewable fuel, produced in Odisha, will support the global transition to sustainable energy markets.
Market trading guide: Cipla among 2 stock recommendations for Tuesday
Cipla and Knowledge Marine feature among analysts' top stock picks for Tuesday, backed by bullish technical breakouts, improving momentum indicators and strong chart structures that signal further upside potential.
AM Green, VOCPA ink pact for green ammonia plant
Under the memorandum of understanding signed on May 28, AM Green plans to build marine bunkering capacity of up to 200,000 metric tonnes of green ammonia annually by 2029-30, backed by an investment of about ₹2,000 crore.
Afcons Infra shares soar over 9% on Rs 5,301 cr order to build world’s second-largest breakwater
Afcons Infrastructure shares surged following a significant contract win. The company will construct a 10.14-km breakwater for Vadhvan Port in Maharashtra. This project is valued at Rs 5,301 crore. The breakwater is expected to be one of the world's longest upon completion. This development highlights Afcons' expertise in large-scale marine infrastructure projects.
Adani Ports' step-down arm secures 10-year marine services contract for Southern Energy FLNG project
Adani Ports and Special Economic Zone has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking its entry into South America and expanding its international marine services footprint.
Adani Ports arm incorporates 100% subsidiary in UAE for offshore marine operations
The company said Harbour International Shipping FZCO was incorporated on June 5, 2026. Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,823.10, up by ₹32.60, or 1.82%, on the BSE today, June 5.
Retail health premium growth rises to 31% YoY in April 2026, anchoring non-life insurance sector: Kotak Institutional Securities
Indian non-life insurance saw robust growth in April 2026. Retail health premiums surged 31 percent year-on-year. Motor insurance also performed well. Private players and standalone health insurers are gaining market share from public sector companies. Commercial lines faced challenges, though marine and engineering segments showed resilience. This indicates a dynamic shift in the insurance landscape.
Defence stock in focus after signing MoU for India’s first private marine gas turbine facility - Trade Brains
Defence stock in focus after signing MoU for India’s first private marine gas turbine facilityTrade Brains
Kalyani Group-Backed Defence Company Signs MoU To Establish India’s First Private Marine Gas Turbine Facility - Dalal Street Investment Journal
Kalyani Group-Backed Defence Company Signs MoU To Establish India’s First Private Marine Gas Turbine FacilityDalal Street Investment Journal
Bharat Forge to set up India’s first private-sector marine gas turbine facility in Visakhapatnam
Bharat Forge signs MoU with Andhra Pradesh at Defence Conclave in the presence of Defence Minister Rajnath Singh and CM Chandrababu Naidu, to set up India's first private marine gas turbine repair and development facility in Visakhapatnam, boosting naval self reliance.
Adani Ports bets Rs 13,000 crore by FY31 for Europe subsea expansion
Adani Ports is expanding its marine services into Europe. Its platform Astro Offshore has partnered with Oceaneering International. This move targets specialized subsea and offshore services. The company plans significant capital expenditure to build a large global marine fleet. This expansion aims to create a major integrated marine platform.