SHIPPING INDUSTRY NEWS

The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good interest from investors. The government's focus on modernising its defence forces and push toward self-r...

Quant Small Cap Fund adjusts its portfolio in June with notable changes in stakes for Adani Power, HDFC Bank, and other stocks. The fund also introduces new stocks like Sun TV Network and Pfizer while exiting holdings in various companies.

A bulk carrier sank in the Red Sea days after an attack by Yemen's Houthi rebels, who are believed to have killed one mariner on board. The sinking of the Tutor marks an escalation in the Houthis' campaign targeting Red Sea shipping, despite ongoing...

People are going to great lengths to obtain popular weight-loss drugs. They are stashing injectables in their carry-on luggage, buying counterfeit formulas online, and importing boxes from Europe. The treatments have sparked extensive media coverage...

An initial surge in freight prices — prompted by ships taking the much longer route around the Cape of Good Hope — petered out in March, yet prices have now surged even higher.

Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers, and rising freight costs.

ABS Marine Services Share Price: ABS Marine Services' shares made a remarkable debut on the NSE SME platform on Tuesday, opening at Rs 294 per share, which was a 100% premium over the issue price of Rs 147 per share. Prior to its listing, the compan...

CMA CGM SA anticipates lower ocean freight rates as new vessel deliveries boost capacity impacted by ship diversions to avoid the Red Sea conflict.

Reliance Industries Ltd., India’s largest private refiner, faces challenges in getting shipments of heavy crude delivered due to sanctions and OPEC+ cuts. To secure needed barrels, it purchased 2 million barrels of Canada’s Access Western Blend crud...

HD Hyundai Marine's successful IPO attracted investors' attention by doubling stock value. It aims to provide eco-friendly solutions and expand globally in the maritime industry.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score i...

The Dali cargo ship crew, mainly from India, remain in Baltimore post-bridge collision, awaiting debris clearance for the vessel to resume its voyage to Sri Lanka, amid praise for their swift actions.

The devastation left behind after the powerless cargo ship struck a support pillar early Tuesday is extensive. Divers recovered the bodies of two men from a pickup truck in the Patapsco River near the bridge's middle span Wednesday, but officials sa...

A cargo ship in Baltimore crashed into a bridge, leading to fatalities among workers. The incident prompted investigations by multiple authorities and impacted the city's transportation and shipping industries, causing a ripple effect on local and n...

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score i...

Reliance Ethane Holding Pte Ltd. (REHPL), a subsidiary of Reliance Industries, invested Rs 284 crore each in three subsidiaries—Ethane Coral LLC, Ethane Diamond LLC, and Ethane Jade LLC—totaling Rs 852.8 crore ($102.90 million).

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score i...

More than 80% of the world's trade is done via shipping which contributes for about 3% of global carbon dioxide emissions. The industry has faced calls from stakeholders including investors and environmentalists to take some concrete action.