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GE Shipping's Rs 8,000 Crore Cash Pile Puts Fleet Expansion In Focus; Nomura Initiates With 'Buy'

Oil rises as Iran holds to Strait of Hormuz proposal rejected by Trump

• Oil rose as Iran stuck to its seven-day proposal to reopen the Strait of Hormuz
• Trump rejected Iran’s proposal, threatening further delays in reopening the strait
• Higher crude prices pressure Indian oil marketers and raise costs for fuel-consuming sectors

BT Big Story: India wants to become a shipbuilding power. Can it match China, Japan & South Korea?

• India is betting Rs 70,000 crore on becoming a major shipbuilding power
• The shipbuilding push could benefit Cochin Shipyard and Indian shipping and defence suppliers

India’s logistics & mobility startups warm up to IPOs as investor interest gathers pace

• Porter, Mahindra Last Mile and Rapido are exploring public-market listings
• A potential Mahindra Last Mile listing may affect investor interest in Mahindra & Mahindra

Nomura projects 31% upside for this shipping stock on these key factors

• All three analysts covering GE Shipping have buy recommendations
• Nomura has the highest target price among them
• A bullish view supports sentiment for Great Eastern Shipping shares

Dibrugarh set to resume international cargo movement on Brahmaputra after nearly 80 years

• Dibrugarh is set to resume Brahmaputra cargo movement to Bangladesh after nearly 80 years
• The cargo route will transport methanol; two vessels are prepared
• The route may benefit Indian logistics and shipping operators if cargo movement expands

Russian strikes kill civilians and hit data centres and logistics targets in Ukraine

• Reports put the death toll at four and six, respectively
• Strikes hit a Kyiv data center, logistics centers and two dry cargo ships near Odesa

Coal stocks worsen as 77 thermal power plants face critical inventories

• 77 thermal power plants face critical coal inventories
• Coal stocks cover just seven days and stand at 37 per cent of requirement
• Low coal inventories raise supply risks for Indian power generators, including NTPC and other thermal utilities

Nippon Express targets $380 mn revenue as India chip ecosystem expands

• NX Group targets $380 mn in revenue
• It plans a dedicated semiconductor logistics facility in Gujarat in 2027
• New chip-logistics capacity could support India's semiconductor and electronics manufacturing sectors

Ola Electric, Aegis Logistics shares in focus ahead of fundraising meetings

Adani’s Dhamra Port shifts entirely to renewable electricity

• Dhamra Port has shifted its entire electricity consumption to renewable power
• One report calls it India’s first private port on renewable power; another says first large private multi-cargo port
• The renewable-power milestone strengthens the sustainability profile of Adani Ports’ logistics operations

GST Council likely to give green signal for freight movement by metro trains

• GST Council likely to approve freight movement on metro trains
• DMRC plans a pilot depot-to-depot cargo service using metro networks for middle-mile connectivity
• Metro freight could benefit Indian logistics and rail-infrastructure companies if the pilot expands