HD Hyundai picks Tamil Nadu for first India shipyard
MADURAI: South Korean shipbuilding major HD Hyundai on Sunday announced plans to set up its first shipyard in India, choosing the port city of Thoothukudi in Tamil Nadu for the project. A memorandum of
BEML signs MoU with KSOE and HSHI to develop next-generation maritime & port crane ecosystem in India
BENGALURU: In a major step toward boosting India’s maritime manufacturing capabilities, BEML Limited has signed a strategic Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering Co. Ltd (KSOE) and HD Hyundai
India–Russia Maritime Ties enter ‘New Era’ with Focus on Shipbuilding, Polar Training and New Trade Corridors
NEW DELHI: India and Russia have unveiled an expanded maritime cooperation agenda that links shipbuilding, Arctic-capable seafaring, and new trade routes from the Indian Ocean to the Russian Far East, marking what Union Minister
India–Russia Maritime Alliance Strengthens with New MoUs on Polar Seafaring & Security Cooperation
NEW DELHI: In a decisive move under the stewardship of Prime Minister Shri Narendra Modi, the Indo-Russian strategic partnership witnessed a fresh milestone: the Ministry of Ports, Shipping and Waterways (MoPSW) and the Ministry
Joint Statement following the 23rd India – Russia Annual Summit
NEW DELHI: INDIA – RUSSIA: A Time-Tested Progressive Partnership, Anchored in Trust & Mutual Respect At the invitation of the Prime Minister of India Shri Narendra Modi, the President of the Russian Federation, H.E.
MoPSW holds Stakeholder Consultation to finalise Shipbuilding Scheme Guidelines
NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) convened a crucial stakeholder consultation meeting on Friday, 5th December, 2025 in New Delhi, led by Shri Vijay Kumar (IAS), Secretary, MoPSW, to advance
ClassNK issues General Design Approval (GDA) for Low-pressure LCO2 Cargo Tank developed by Mitsubishi Shipbuilding
TOKYO: ClassNK has issued a General Design Approval (GDA) for Low-pressure LCO2 Cargo Tank developed by Mitsubishi Shipbuilding Co., Ltd. This approval verifies the tank’s compliance with relevant rules at the detailed design level*1.
Bulker newbuilding contracting drops 54% to five-year low : BIMCO
LONDON: “Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since 2020. Consequently, the dry bulk orderbook is now 4% smaller