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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.
KMEW gains after consortium bags Rs 66-cr IWAI contract
Knowledge Marine & Engineering Works (KMEW) jumped 7.70% to Rs 2,234.85 after its consortium bagged a Rs 66.11 crore contract from the Inland Waterways Authority of India (IWAI) for 10 hybrid electric passenger ferries.
Knowledge Marine block deal: SBI Funds Management buys 1.64% stake as promoters exit
Bulk and block deals on June 19 saw SBI Funds Management acquire a 1.64% stake in Knowledge Marine & Engineering Works, alongside transactions in Altius Telecom Infrastructure Trust, Gokaldas Exports and Allcargo amid a volatile market session.
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 secures 10-year marine services deal for Argentina’s first LNG export project
Adani Ports wins 10-year marine services contract for Argentina's first LNG export project
Adani Ports and Special Economic Zone (APSEZ) said that it has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Adani Ports shares in focus as company bags 10-year marine services contract for Argentina's first LNG export project - Mint
Adani Ports shares in focus as company bags 10-year marine services contract for Argentina's first LNG export projectMint
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 Bags Rs 666 Crore 10-Year Marine Services Contract For Argentina's First LNG Export to India
The contract win in Argentina comes as brokerages maintain a constructive view on Adani Ports
Adani Ports forays into South American market with 10-year LNG marine services contract
Commercial operations are scheduled to commence in September 2027, with the first phase expected to produce 2.45 MT of LNG annually, approximately 28 cargoes per year, Adani Ports said in its exchange filing.