As part of its fleet expansion plans, Dredging Corporation of India Limited (DCI) is acquiring 11 new dredgers over the next five years. Covering different vessel types and capacities for port and inland-waterway applications, the investment for the programme is estimated approximately to the tune of Rs 3,560 crore, proposed to be funded through a… Read More
Cochin Shipyard Limited has officially signed a Share Purchase Agreement to acquire a 23 per cent equity stake in the Netherlands-based ship design and engineering company Conoship International Holding BV. The strategic transaction is valued at a cash consideration of €2.30 million (approximately ₹25 crore), the company said in a stock exchange filing. The deal… Read More
Port giant International Container Terminal Services Inc. (ICTSI) has bought out the minority shareholder in its Brazilian logistics subsidiary, giving it full control of a business spanning warehousing, distribution and transportation. In a disclosure on Friday, the Enrique Razon Jr.-led company said it had signed an agreement to acquire the remaining 30-percent stake in iTracker… Read More
Eastern Shipbuilding Group, Inc. (ESG) is excited to announce the launch of the fourth annual Eastern Shipbuilding Group Coastline Initiative. In partnership with the Bay County Artificial Reef Association (BCARA), this unique competition challenges students from local welding schools to design and construct innovative artificial reefs that support coastal restoration and marine habitat preservation. Originally… Read More
More than 80% of world merchandise trade by volume is transported by sea. The networks carrying an estimated $14 trillion worth of containerised goods are being tested by geopolitical disruption, climate pressures and changing trade policies. A new whitepaper published by DP World’s Marine Services business to mark World Maritime Day 2026, examines how these… Read More