India Approves $1.05B Plan to Boost Shipping Container Production
India has approved a $1.05 billion (100 billion rupee) scheme aimed at increasing domestic shipping container manufacturing capacity around tenfold to 750,000 TEUs annually, as the country seeks to reduce import dependence and strengthen its maritime supply chains.The Container Manufacturing Promotion Scheme (CMPS), approved by the Union Cabinet chaired by Prime Minister Narendra Modi on October 28…
Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens
An oil spill from a damaged tanker off the coast of the United Arab Emirates has widened, satellite images showed, triggering more beach closures and raising environmental concerns.Images from the European Union's Copernicus satellite observation network dated October 24 show the oil spill has widened over the last few days and is reaching close to the shores of the northern Umm Al Quwain emirate,…
CACI Hooks $145M US Navy Deal for Advanced Maritime Systems
National security technology company CACI International has secured a four-year task order worth up to $145 million to develop and integrate advanced maritime technologies for the U.S. Navy, including autonomous systems, maritime sensors and next-generation naval platforms.The contract, awarded to support the Naval Surface Warfare Center Carderock Division (NSWCCD), will focus on developing technologies aimed at improving fleet readiness and operational flexibility.Under the agreement…
- 1
- 2