
News Update
21 May 2026
DCIL Records Historic ₹1,214 Crore Turnover in FY26
Dredging Corporation of India Limited achieved its highest-ever annual turnover of ₹1,214.09 crore in FY 2025-26, marking a major milestone in its 50-year history. The company reported a Profit After Tax of ₹4.75 crore and an operational profit (EBIDA) of ₹253.46 crore, while quarterly revenue for March 2026 rose 73 per cent year-on-year to ₹478.23 crore. Following the results, DCIL shares surged 33 per cent, reflecting strong investor confidence. The performance underscores DCIL’s expanding role in India’s maritime infrastructure, port dredging, and inland waterway development sectors.

20 May 2026
Going Green at Sea: Maersk’s Methanol Moment
A.P. Moller-Maersk has taken delivery of its second 9,000-TEU methanol dual-fuel container vessel from Yangzijiang Shipbuilding, reinforcing its push toward net-zero emissions by 2040. The vessel reflects growing industry adoption of alternative fuels as environmental regulations tighten globally. Methanol-powered ships offer operational flexibility and lower emissions, making them increasingly attractive for major trade routes. The delivery also highlights China’s dominance in next-generation shipbuilding and signals that green shipping is rapidly evolving from experimentation into mainstream commercial strategy.

20 May 2026
India Maintains Fuel Stability, Repatriates 3,217 Seafarers
Government of India has assured that fuel and fertilizer supplies remain stable despite the ongoing West Asia crisis. Over 1.72 crore LPG cylinders were delivered in four days, while authorities intensified anti-hoarding measures through nationwide inspections and raids. More than 3,217 Indian seafarers have been safely repatriated, with maritime operations and port activities continuing normally. The government also expanded PNG adoption, maintained fertilizer availability ahead of the Kharif season, and confirmed that Indian missions across the Gulf remain active in supporting citizens and coordinating evacuations from affected regions.

20 May 2026
CEVA Launches TIR Hub in Alashankou
CEVA Logistics has opened its first International Road Transport hub in Alashankou near the Kazakhstan border. The 4,300-square-metre automated facility serves as a bonded consolidation center for Less-than-Truckload shipments, with additional space for dangerous goods handling. Located in Alashankou’s Free Trade Zone, the hub offers streamlined customs clearance and duty-free storage to support e-commerce and manufacturing supply chains. CEVA estimates the TIR model will reduce transit times by 30 per cent and logistics costs by 15 per cent across Eurasian trade routes.

19 May 2026
Sinotrans Orders 12 Container Ships Worth 52,000 TEU
Sinotrans Container Lines has ordered 12 new container vessels totaling about 52,000 TEU in a major fleet expansion program. The order includes four 8,200 TEU ships, four 3,000 TEU vessels, and four 1,800 TEU ships, all to be built at shipyards within China Merchants Group. Featuring advanced SDARI smart technologies such as intelligent energy-efficiency management and hull monitoring systems, the vessels are scheduled for delivery from 2027. The initiative strengthens integration between shipping, shipbuilding, and design operations while expanding Sinotrans’ service capacity and route network.

