Shipping - Page 18

Also inaugurates and lays foundation stone of 218 fisheries projects worth around Rs 1,560 crore

Astro owns 26 offshore support vessels and has a roster of tier-1 customers in EPC, oil & gas and renewables industry

Loan from NABARD carries 8.40% interest per annum with a tenure of 15 years

Agreement facilitates revision of wage structure and addresses other service conditions including pensionary benefits.

"Our ongoing efforts in equipment electrification will minimise carbon footprint & promote sustainable practices."

Project aims to reduce carbon emissions from vessels during port stay, a key decarbonisation goal for APM Terminals

"Had the fleet not grown substantially before the Red Sea crisis began, it could have developed into a major crisis."

Manufacturers are reporting full order books until mid-October

Growth in inventories a continuation of a long-term trend that began in 2009 (with a temporary drop during the pandemic)

Key features include automated tracking, real-time data analysis, and improved logistics coordination

Registers growth of 22% in April–July period of FY2025, handles more than 72,000 TEUs for third consecutive month.

Increases 2024 guidance to adjusted EBITDA between $2.6-3 billion and adjusted EBIT between $1.45-1.85 billion.