Shipping

Maersk now projects full-year underlying EBITDA to be between $9 billion and $9.5 billion

The new vessels will operate under French law and are compatible with biomethane and e-methane.

The revision reflects Fitch's assessment of easing contagion risk for APSEZ, noting that the group has access to funding sources.

APSEZ revenue for FY26 is expected to be ₹36k - ₹38k cr and EBITDA is projected to be in the range of ₹21k - ₹22k cr.

The collaboration will modernise the port's facilities, enabling it to accommodate larger vessels.

The growth was driven by a surge in container volumes which is a substantial 24% YoY.

The shipbuilding industry is allocated 20% of this capital. India aims to rank in the top five worldwide by 2047.

The collaboration seeks to drive greener, more efficient coastal logistics and accelerate India’s maritime transformation.

A series of MoU was also signed for major port infrastructure upgrade in Odisha.

Agreements worth ₹55,000 crore mark India’s push for sustainable ports, shipbuilding, and digital growth.

Domestic demand constitutes 65-70% of revenue for fleet operators, helping to offset growth in export-related traffic

The purpose of this MoU is to explore collaboration in existing and upcoming infrastructure development.