International Enterprise (IE) Singapore has signed a memorandum of understanding (MOU) with India’s Gujarat Industrial Development Corporation (GIDC) and Gujarat Maritime Board (GMB) to collaborate on manufacturing, logistics services and port technologies.
Terminal operator DP World is looking to invest up to $1bn in India in the coming years with a focus on developing infrastructure around existing ports, according to the group’s chairman, Sultan Ahmed Bin Sulayem.
China’s Unipec remained by far the largest spot charterer of crude tankers in 2016 according brokers Poten.
Container carrier APL will expand its intra-Asia service network with the introduction of a new India East Coast (IEX) service from December.
V.Group has acquired India’s Selandia Holdings and its subsidiaries comprising the Selandia Ship Management Group, a move that will strengthen V.Group’s tanker and crew management capability in Asia.
The Alphard Group recently celebrated its seventh anniversary in India.
India’s Cochin Shipyard has penned a memorandum of understand (MoU) with Engineers India for the design and construction of small-scale LNG carriers.
Shareholders of India’s ABG Shipyard have rejected the yard lenders’ proposal to invoke strategic debt restructuring for the company, reports said.
Small niche elements of the coal business in Indonesia are coming back and proving that there can always be an opportunity if you know where to look, commodities trading projects specialist Accord Projects is set to take advantage of that.