On increasing its stake in Snowman Logistics, Gateway Distriparks CMD Prem Kishan Gupta told CNBC TV18, ‘At one point we wanted to sell Snowman Logistics.’ However, now it is performing well and Gateway will increase its stake in the company as and when the cash flows allow. Following an interaction with the senior management of […]

MUMBAI : Man Infra construction Ltd. on Friday said that it has bagged an order worth Rs 680 crore from Bharat Mumbai Container Terminal Pvt. Ltd. for infrastructure-related works at Jawaharlal Nehru Port Trust (JNPT) in Maharashtra.   The company will execute phase-2  infrastructure works at the fourth container terminal of JNPT in Navi Mumbai […]

Maersk, which has been leading the shipping industry in the efforts to adopt methanol as a marine fuel, is planning the next major step, the conversion of an existing vessel to dual-fuel methanol capabilities. The shipping giant reports that engineer work is underway and discussions with potential shipyards for a conversion expected to take place […]