News – Page 11 – Marex Bulletin

IRS Strengthens Industry Engagement Through Marine Equipment Dialogue

Aug 10, 2026MarexNews

Indian Register of Shipping (IRS) organised a customer interaction meet with manufacturers, technical consultants and other stakeholders from the marine equipment industry to strengthen collaboration, understand customer requirements and gather feedback on its Marine Component Certification and Type & Works Approval services. The meeting brought together manufacturers representing diverse product segments including battery energy storage…

Carraro India Posts Resilient Q1 FY27 Growth Amid Export Headwinds

Aug 10, 2026MarexNews

Carraro India Limited, a leading Tier‑I supplier of axles, transmission systems, and gears, reported a steady start to FY27 with consolidated revenue growth driven by strong domestic demand, despite global export challenges. The company’s total income rose 12% year‑on‑year to INR 5,587 million, while EBITDA increased 6% to INR 579 million and PAT climbed 8%…

FSUI Urges Unity to Safeguard Seafarers in Conflict Zones

Aug 5, 2026MarexNews

Jagdamba Prasad Pandey – Amid escalating geopolitical conflicts, the Forward Seamen’s Union of India (FSUI) has issued an urgent, impassioned plea to the global maritime community to honour seafarers who have lost their lives in high-risk zones and stand in solidarity with those currently serving onboard. Commercial vessels operating in dangerous maritime routes—such as the…

Cleaner Coasts Ahead

Aug 5, 2026MarexNews

Jagdamba Prasad Pandey – Prudence Marine Services organised a beach cleanup drive at the Juhu Koliwada section of Juhu Beach, Mumbai, bringing together employees who participated enthusiastically in the initiative. As a company connected to the maritime industry, Prudence Marine recognises the importance of protecting our oceans and coastal environment. The cleanup drive reflected the…

Emotional Resilience Spotlighted

Aug 5, 2026MarexNews

Pratik Bijlani – The Maritime Union of India (MUI) brought the often-unseen emotional demands of life at sea into focus during a webinar on 25 July, bringing together maritime professionals and young aspirants, including cadets from the Institute of Maritime Studies (IMS), Goa, for a conversation on emotional resilience, self-awareness and mental well-being. Moderated by…

DFS Launches P&I Insurance under BMIP, War Risk Premiums Fall 35–40%

Aug 5, 2026MarexNews

The Department of Financial Services, Ministry of Finance held an event chaired by Secretary, DFS today in New Delhi to launch India’s first sovereign-backed Protection & Indemnity insurance product under Bharat Maritime Insurance Pool (BMIP), designed by the New India Assurance Company Limited. The event was attended by Director General of Shipping Shri Shyam Jagannathan,…

DP World India Championship Lotus Trophy Unveiled in Srinagar

Aug 5, 2026MarexNews

The Government of Jammu & Kashmir through Jammu & Kashmir Tourism together with the DP World Professional Golf Tour of India (DP World PGTI), the official sanctioning body of men’s professional golf in India, today jointly announced the fifth edition of the J&K Open. The tournament will be staged at the majestic Royal Springs Golf…

₹160 Cr Pact to Boost India’s Energy Storage Manufacturing

Jul 30, 2026MarexNews

Mecpower Solutions Limited, a Gujarat-headquartered leader in solar infrastructure and clean energy solutions, has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to set up a proposed 5 GWh Battery Energy Storage System (BESS) Assembly Facility at Karjan, with an envisaged investment of approximately ₹160 crore. The proposed facility is expected to…

Ekart Logistics Unlocks Pan‑India Network for MSMEs

Jul 30, 2026MarexNews

Ekart, the Flipkart Group’s supply chain arm, today announced the opening up of its pan-India logistics network to businesses across India, giving MSMEs, D2C brands, FMCG companies and enterprises access to the same logistics infrastructure that powers the Flipkart Group. This expansion is being enabled through a new franchise model and scaled dedicated warehousing capabilities,…

ISSPL Limited Announces Corporate Name Change

Jul 30, 2026MarexNews

ISSPL Limited (formerly known as “IRClass Systems and Solutions Limited” and “IRClass Systems and Solutions Private Limited”) (“ISSPL”), a provider of testing, third-party inspection and certification and related technical services, is pleased to announce a significant milestone in its corporate journey. In view of the immediate and long-term business plans of the Company, the growing…