May 15, 2026
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MoPSW highlights ₹19,989 Crore Shipbuilding Development Scheme ahead of India Maritime Week 2025

October 9, 2025 Maritime, Global Trade, Ship Building, Shipping, Trade, Trending News
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

Niranjan Bhalerao takes over as Director (Finance) of GRSE Ltd.

October 8, 2025 Maritime, Ship Breaking, Ship Building, Trending News
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

Lloyd’s Register issues updated guidance to support safe fuel cell integration onboard ships

October 8, 2025 International Shipping, Classification Society, Fuel, Maritime, Ship Building, Shipping Line, Trade, Trending News
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

MoPSW highlights ₹24,736 Crore boost for Shipbuilding and Recycling Ecosystem

October 4, 2025 Maritime, Finance, Ship Breaking, Ship Building, Ship Recycling, Trade, Trending News
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

DMC contracted to deliver equipment packages for 14 vessels under construction at Indian shipyards

October 1, 2025 Maritime, Ship Building, Shipping, Trending News
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

MoU Exchange Secures Over ₹66,000 Crore Investment, Boosts Atmanirbhar Shipbuilding

September 29, 2025 Maritime, Ports, Ship Building, Ship Repair, Shipping, Shipyards, Trending News
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

Andhra Pradesh charts course for shipbuilding growth as Garuda Aerospace commits ₹250 Cr investment

September 29, 2025 Maritime, Electric Vehicles, Ports, Ship Building, Shipping, Trade, Trending News
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

Cabinet approves Rs.69,725 crore package to revitalize India’s Shipbuilding and Maritime Sector

September 25, 2025 Maritime, Infrastructure, Ports, Ship Building, Shipping, Trade, Trending News
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

SDHI inks exclusive deal with Europe’s offshore oil and gas vessel leader Royal IHC

September 25, 2025 Maritime, Ports, Private Port, Ship Building, Shipping, Shipyards, Trade, Trending News
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.

DPA Kandla signs MoUs to power India’s maritime future

September 24, 2025 Maritime, Ports, Ship Building, Shipping, Shipyards, Trade, Trending News
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,
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