France’s CMA CGM Group and India’s Cochin Shipyard signed a contract to build six LNG-powered feeder containerships, marking a major step for India’s shipbuilding ambitions. Finalized during French President Emmanuel Macron’s state visit, the $360 million deal will see 1,700-TEU vessels built in Kerala, with deliveries starting in 2029. The project is supported by India’s Shipbuilding Financial Assistance scheme and aims to showcase advanced LNG propulsion capabilities. CMA CGM also plans to expand R&D, container manufacturing, and maritime employment in India.

Gulftainer has signed a Memorandum of Understanding with PTL Holding Company Limited to explore collaboration in operating major dry ports in Laos. The partnership aims to improve operational efficiency across PTL’s dry port network and strengthen regional logistics connectivity. It will also support Laos’ investment in Vung Ang Port by developing logistics corridors and intermodal transport solutions. According to CEO Farid Belbouab, the initiative aligns with Gulftainer’s strategy to expand in Southeast Asia and boost regional trade integration.

Saudi Arabia’s ports, operated by Saudi Ports Authority, handled 738,111 TEUs in January 2026, up 2% year-on-year. Transshipment volumes rose 22.44%, underscoring strong hub activity, while imports and exports saw marginal declines. Key gateways such as Jeddah Islamic Port and King Abdullah Port continue to anchor regional trade. The performance supports National Transport and Logistics Strategy, strengthening Gulf-India maritime corridors and enhancing supply chain reliability for bilateral trade exceeding $50 billion annually.

ZIM Integrated Shipping Services is set to be acquired by Hapag-Lloyd in a deal reportedly exceeding $3 billion. The transaction, involving FIMI Opportunity Funds, would see ZIM delist from the NYSE, with Hapag-Lloyd taking control of global operations while FIMI oversees Israeli activities. Israel’s government retains a golden share to safeguard strategic interests. If completed, the deal would mark a significant consolidation in the global container shipping industry.

Cochin Shipyard Limited is well positioned to benefit from India’s renewed focus on maritime infrastructure and shipbuilding. Government initiatives such as Sagarmala Programme and Make in India are expected to drive demand for commercial and defence vessels. CSL’s proven capability, including building INS Vikrant, highlights its strength. Expansion into green vessels, ship repair, and enhanced dry dock capacity further supports its strong growth outlook.