Chowgule Shipyards achieves milestone with electric hybrid ship delivery

26 Dec 2023 CW Team

Chowgule Shipyards has successfully delivered the inaugural electric hybrid ship out of the planned dozen to a Swedish client, signalling a significant leap in eco-friendly maritime technology. The Indian shipbuilding company, known for its commitment to sustainability, has embarked on a project to construct a total of 12 electric hybrid vessels for its international partner. This innovative fleet aims to reduce carbon emissions and promote a cleaner, greener approach to shipping.

The maiden delivery marks a crucial milestone for both Chowgule Shipyards and the maritime industry at large, showcasing the successful integration of electric and hybrid technologies in the traditionally fuel-dependent sector. The move aligns with global efforts to transition towards sustainable practices in shipping, contributing to the reduction of the industry's environmental impact.

The electric hybrid ships boast a sophisticated design that combines traditional propulsion systems with electric power, offering improved fuel efficiency and lower emissions. This initiative reflects the growing awareness and commitment within the maritime sector to address climate change concerns and adopt cleaner energy alternatives. As the remaining vessels in the series near completion, Chowgule Shipyards remains at the forefront of sustainable shipbuilding, driving positive change in the maritime landscape.

Real Estate

28 Oct 2025

Indian Real Estate Sector Sees Highest Capital Inflow in Seven Years

Equirus Capital, a leading full-service investment banking firm, has reported that India’s real estate sector has witnessed its highest capital inflow in seven years, with funds raised reaching ₹23,080 crore across 12 deals.According to Equirus Capital’s analysis, the cumulative capital raised by the sector since FY18 stands at ₹72,331 crore. Of this, Real Estate Investment Trusts (REITs) accounted for the largest share at ₹31,241 crore, followed by large-cap real estate companies at ₹20,437 crore, mid-cap players at ₹12,496 crore, and small-cap firms contributing ₹8,156 crore...

India’s Flex Office Market Set for Record Growth

myHQ by ANAROCK, India’s largest workspace discovery and flexible office solutions platform, has released its Flex Office Market in India 2025 Report, revealing that India is set to become the Asia-Pacific region’s largest flexible office market. The report highlights how flexible workspaces have become a mainstream component of India’s commercial real estate, capturing a growing share of national leasing activity.“Flexible workspaces have evolved from a cost-optimisation tool to a strategic necessity,” said Utkarsh Kawatra, CEO and Co-Founder, myHQ by ANAROCK. “Average corporate d..

India Defies Regional Slowdown; Office Leasing on Track for Record High in 2025

India’s office market continues to outperform the broader Asia-Pacific region, emerging as a key growth driver amid regional headwinds, according to Knight Frank’s Asia-Pacific Office Highlights Q3 2025 report. With 8.8 million sq. ft. transacted in the third quarter alone, leasing momentum remains robust. Full-year volumes across Bengaluru, NCR, and Mumbai are projected to reach 50 million sq. ft., surpassing the previous record of 41 million sq. ft. set in 2024.The surge has been fuelled by sustained leasing from Global Capability Centres (GCCs) and renewed activity from third-party IT s..