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 […]
IMPORT demand in the US and Europe has fallen steadily since the summer, with market indicators all pointing to continued weakness into 2023, says Xeneta＊s CEO Patrik Berglund, reports IHS Media.“As more and more long-term contracts expire in the new year, all indicators point towards considerable rate drops from today＊s levels, with several of the […]