Indian Navy approves Mazagon Dock to build 6 submarines with German collaboration worth ₹60,000 Cr
MUMBAI : The Indian Navy has approved the state-owned Mazagon Dock Limited (MDL) to build six submarines with the project worth ₹60,000 crore. The decision follows the completion of trials for submarines under Project
Cochin Shipyard commences commerical operations at its International Ship Repair Facility in Kochi
KOCHI : Cochin Shipyard has announced the start of commercial operations at its International Ship Repair Facility (ISRF) in Kochi. The company declared the initiation of operations at the ISRF on Monday evening, following the
Great Eastern Shipping delivers 2004 built medium range product tanker Jag Pranam
MUMBAI : Great Eastern Shipping Company delivered its 2004 built Medium Range Product Tanker Jag Pranam to the buyers. The vessel was contracted for sale in May 2024. Excluding Jag Pranam, the company’s current
Wilson Sons and Vale set up a docking collaboration for seven vessels at the company’s shipyards in Guarujá, Port of Santos
RIO DE JANEIRO : A leader in port and maritime logistics in Brazil, Wilson Sons signed a contract with Vale (a leading producer of iron ore, pellets and nickel, operating on all five continents)
New York Shipping Exchange recalibrates strategy amid global shipping challenges
NEW YORK : The New York Shipping Exchange has modified its operating strategy, responding to a significant shift in how customers contract for container shipments. Rather than focusing largely on drafting contracts, the over-the-counter exchange now
Seaspan has ordered 27 container vessels in June only
VANCOUVER : The containership new building market has accelerated notably in 2024 and at a very high pace over the last couple of weeks. Seaspan Corporation has given a large order for a series
Sonowal introduces two shipping-related bills in Lok Sabha
NEW DELHI : Union Minister of Shipping Shri Sarbananda Sonowal on Friday (August 9, 2024) introduced two Bills — Carriage of Goods by Sea Bill, 2024, and the Bills of Lading Bill, 2024, in
IWAI implements JMVP : MoPSW
NEW DELHI : The Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal informed in a written reply in Lok Sabha that, IWAI has undertaken implementation of the Jal Marg Vikas Project (JMVP)