Government Initiates Comprehensive Review of Ship Age Norms

04 Jan 2024 CW Team

The Indian government has embarked on a thorough evaluation of ship age norms, signalling a commitment to ensure the robustness and safety of the maritime industry.

This initiative, which aims for a holistic review, was officially launched recently. In response to the evolving dynamics of the shipping sector, the government has taken a proactive stance by initiating this comprehensive assessment.

The primary goal is to enhance safety standards, efficiency, and sustainability within the maritime domain. As part of this review, various aspects such as technological advancements, environmental impact, and international best practices will be scrutinized.

Key stakeholders, including maritime experts, industry representatives, and environmental advocates, are expected to play a crucial role in providing insights during this process. The government's decision to conduct this in-depth analysis underlines its commitment to fostering a secure and modern maritime infrastructure.

This strategic move comes at a time when the global shipping industry is navigating challenges and embracing innovations.

By embracing a forward-thinking approach, the Indian government aims to position the country as a key player in the international maritime arena.

The outcome of this review is anticipated to shape future policies, ensuring that the Indian shipping industry aligns with global standards while catering to the nation's unique requirements.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..