Singapore-based shipbuilder Seatrium announced on December 22 that it has reached a settlement with Maersk Offshore Wind regarding the delivery of a specialised wind turbine installation vessel. The US$475 million contract was the subject of a legal conflict that began in October 2025. This high-stakes standoff was resolved by the agreement, which followed Maersk's attempt to cancel the contract due to construction delays.

#seatrium #maersk #offshorewindvessel #ship #oilvessel #singapore #shipping

 

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Seatrium, Maersk reach $360 mn settlement over offshore wind vessel dispute

The US$475 million contract was the subject of a legal conflict that began in October 2025.

When Navi Mumbai International Airport opens operations on December 25, its cargo infrastructure is expected to play a central role in reshaping air logistics and regional trade flows in western India. While passenger services will draw early attention, the airport has been developed with a clear focus on positioning air cargo as a driver of economic activity and supply chain efficiency.

#nmia #aircargo #logisticsinfrastructure #multimodaltransport #coldchain #pharmaceuticals #freightercapacity #tradefacilitation #airlogistics

 

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NMIA debut signals new phase for India’s air cargo infrastructure

The airport will initially offer seven dedicated freighter parking stands, with expansion planned to 11 in the final phase.

YCH India, the Indian arm of Singapore-based YCH Group, has strengthened its aftermarket spare-parts logistics capabilities with the expansion of its nationwide Forward Stocking Location (FSL) network, supported by four Distribution Centres (DCs) and advanced digital systems. The move is aimed at helping manufacturers and service providers reduce turnaround times and improve service reliability in an increasingly competitive aftermarket environment.

#ychindia #ychgroup #wx3 #powerbi #mumbai #distributioncentres #logistics

 

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YCH India expands spare-parts network to accelerate nationwide service

Four DCs and 50+ forward stocking locations strengthen YCH India’s speed, visibility and SLA-driven spare-parts logistics.

The Competition Commission of India (CCI) has officially cleared Japan Post Co.’s acquisition of a 19.9% equity stake in Logisteed Holdings. The deal, which grants the Japanese postal 14.9% of voting rights, is more than a mere financial transaction.

#cci #japanpost #logisteedholdings #flyjaclogistics #logistics

 

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CCI clears Japan Post acquisition of 19.9% stake in Logisteed Holdings

The deal, which grants the Japanese postal 14.9% of voting rights, is more than a mere financial transaction.

Under the MoU, MOL India and SINE will share technical insights and industry perspectives through ongoing interactions to identify emerging trends and areas of mutual interest. With support from SINE, MOL India will engage with promising startups from IIT Bombay’s ecosystem and beyond, creating opportunities for joint evaluations, feedback sessions, and the exploration of pilots, technology trials, or strategic collaborations. Any structured innovation program or formal call for applications will be developed separately based on mutual agreement.

#molindia #iitbombaysine #sine #logistics #maritimesector #iitbombay

 

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MOL India and IIT Bombay SINE sign MoU on innovation collaboration

Partnership aims to engage startups, share expertise and explore deep-tech pilots across logistics and maritime sectors