Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal marked the Golden Jubilee of the New Mangalore Port Authority (NMPA) by announcing the inauguration, dedication and foundation stone laying of 16 infrastructure projects and 113 CSR initiatives worth ₹1,500 crore. The Minister said the milestone reflects India’s maritime rise and growing investor confidence.

#nmpa #mangaloreport #india #maritime #maritimerise #shipping

India marks NMPA’s golden jubilee with ₹1,500-crore project boost
www.itln.in

India marks NMPA’s golden jubilee with ₹1,500-crore project boost

Sonowal inaugurates major infrastructure, CSR and education projects as New Mangalore Port celebrates 50 years

The Shipping Corporation of India (SCI), an Indian public sector undertaking, reported a consolidated net loss of 35% at ₹189 crore for the quarter ended September 2025 (Q2 FY26) compared to a net profit of ₹291 crore in the corresponding quarter of the previous fiscal year.

#shippingcorporationofindia #sci #india #shipping

Shipping Corporation of India reports 35% net loss in Q2 FY26
www.itln.in

Shipping Corporation of India reports 35% net loss in Q2 FY26

The company\s operational revenue decreased by 8%, and H1 experienced a 10.4% decline.

APSEZ plans to have a policy of average net debt to EBITDA of 2.5x in times to come, with cash generation prioritised for organic growth and strategic mergers and acquisitions (M&A).

#adaniports #apsez #shipping #cargo #ebitda #strategicmergers #organicgrowth

Adani Ports to cap net debt at 2.5x of EBITDA
www.itln.in

Adani Ports to cap net debt at 2.5x of EBITDA

APSEZ expects higher domestic growth, exceeding the projected 5.5–6% global trade growth, driven by new container capacity at Mundra next year.

CMA CGM announced on 4 November 2025 that it will register ten new 24,000 TEU dual-fuel LNG containerships under the French flag, with deliveries starting in 2026.

#cmacgm #lngvessels #frenchflag #frenchlaw #shipping

CMA CGM registers ten 24,000 TEU LNG vessels under French flag
www.itln.in

CMA CGM registers ten 24,000 TEU LNG vessels under French flag

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

Fitch Ratings, the global credit rating agency, has upgraded its Outlook on Adani Ports and Special Economic Zone (APSEZ) to Stable from Negative. This revision applies to APSEZ's Long-Term Foreign-Currency Issuer Default Rating (IDR) and unsecured note rating, which have both been affirmed at 'BBB-'.

#fitchratings #adaniports #apsez #shipping #fitch #idr

Fitch revises Adani Ports outlook to stable, affirms BBB- rating
www.itln.in

Fitch revises Adani Ports outlook to stable, affirms BBB- rating

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