Gopalpur port suffers heavy losses

Building & Construction Experts constituted as CWAB Awards Jury

Mumbai, India — Construction World Magazine, a pioneering voice in the construction and architecture sector, is excited to unveil the esteemed jury panel for the 18th Construction World Architect & Builder (CWAB) Awards & International Conference. Set to take place on the 25th of August at the World Trade Centre in Mumbai, this event promises to be a celebration of excellence, innovation, and collaboration within the industry.

The winners of the CWAB Awards have been meticulously selected by a distinguished panel of experts who have made their mark in the realm of architec..

TMT Rebar Report to be launched on 10th February 2023 in Delhi

The Ministry of Steel vide a notification dated May 12, 2016, has stated that no steel producer would be classified as an integrated, primary or secondary producer. According to the notification, the process route adopted for ironmaking and steelmaking with or without rolling/finishing operations as /finishing operations as they may be and product mix would be listed with Joint Plant Committee (JPC), Kolkata. However, the listing would be purely for statistical purposes and would have no bearing on the quality of steel produced. The onus is thus on users to ascertain the quality of the stee..

Is our infrastructure fire-proof as per the NBC?

Think of fire before it starts. Or at least we should, but the reality is starkly different. Fire safety often only becomes a subject of scrutiny after some harrowing fire breaks and makes the headlines. And the headlines have been plenty.

Some fire outbreak statistics in India

Indian container cargo set to expand by 8% in FY25 amidst Red Sea crisis

CareEdge Ratings forecasts that Indian container cargo volume will experience an 8% growth, reaching 342 million tonnes (mt) in FY25. They also anticipate the risk of a prolonged Red Sea crisis. In a sectoral report, the agency mentions that the connection of the Dedicated Freight Corridor to Jawaharlal Nehru Port Trust (JNPT) in FY26, coupled with capacity expansions by ports, will likely propel the growth in container volumes in the medium term. According to the report, significant adverse movements in charter rates affecting cargo volumes, as well as vessel additions by shipping lines, will..

Nalanda Capital Sells Stake in Great Eastern Shipping

Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.

The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..