NEW DELHI : The Shipbuilding Development Scheme (SbDS) is a major step by the Government of India to strengthen domestic shipbuilding, with a total budgetary support of ₹19,989 crore from FY 2026 to FY
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is pleased to announce that Shri Niranjan Bhalerao has assumed charge as Director (Finance) of the company with effect from October 6, 2025.A seasoned finance
LONDON: Lloyd’s Register (LR) has released updated guidance for the installation of fuel cells on ships, offering shipowners and shipbuilders a comprehensive framework to support the safe deployment of alternative power systems. The July 2025
NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi has recently approved a ₹24,736 crore package for FY 2026–36 under the Shipbuilding Financial Assistance Scheme (SBFAS) and National Shipbuilding Mission
THE NETHERLAND: Damen Marine Components (DMC) has been contracted to supply rudders, steering gear and nozzles to two major newbuilding projects in India. The contracts cover a total of 14 multi-purpose vessels (MPVs), and
BHAVNAGAR: A historic chapter in India’s maritime journey was written in Bhavnagar on 19th September 2025, when a MoU Exchange Ceremony took place on the eve of the “Samudra Se Samriddhi – Transforming India’s Maritime
VISAKHAPATNAM : Andhra Pradesh is positioning itself as a key hub for shipbuilding and shipbreaking, with the state government in active discussions with the Union Ministry of Ports, Shipping and Waterways to establish a
NEW DELHI : Recognizing the strategic and economic importance of the maritime sector, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, on Wednesday approved a comprehensive package of Rs.69,725 crore to revitalize
NEW DELHI: Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed an exclusive Memorandum of Understanding (MoU) with European offshore oil & gas vessel leader Royal IHC.
BHAVNAGAR : Deendayal Port Authority, Kandla inked landmark MoUs in the august presence of Shri Sarbananda Sonowal, Hon’ble Minister for Ports, Shipping & Waterways, Shri Mansukh Mandaviya, Hon’ble Minister for Youth Affairs & Sports,