The IPO of state-owned defence firm Mazagon Dock Shipbuilders Ltd (MDL) opened for subscription. The price band for the issue has been fixed at ₹135-145 per share. Mazagon Dock Shipbuilders IPO will close for subscription on October 1. The initial public offer is for...

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Iron ore exports have reached new highs in the last two months on the back of strong demand from China.Export shipments of iron ore in September were four million tonnes against 1.14 million tonnes in the same month last year. Over August 2020, the shipments were up 3...

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Last year, the number one risk for the maritime industry was the barrelling-down threat of a global economic crisis according to the Global Maritime Issues Monitor. This year, that risk is vying for pole position with a lack of preparedness for a future pandemic,...

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Health care NGO Mercy Ships has been building a new hospital ship at Tianjin Xingang Shipyard since 2014, and the vessel is nearing delivery. When complete, the new Global Mercy will be the world’s largest civilian-owned hospital ship. Mercy Ships provides...

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