Container ship newbuilds reach post-Covid high
Boxship newbuilding orders have burst back into life as the Red Sea crisis has caused freight and charter rates to reach levels not seen since the Covid-19 pandemic.
New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035
NEW DELHI : Ministry of Ports, Shipping and Waterways (MoPSW) is working on a new shipbuilding scheme, which would incentivise Indian shipyards till 2035 by various measures, Ports,
India boosts Domestic Shipping Industry with Strategic Initiatives
NEW DELHI : In a significant move to bolster India’s maritime sector, the government has implemented a series of measures aimed at enhancing the capacity and competitiveness of
Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of
Sagarmala Projects : Transforming Andhra Pradesh with more than Rs.7000 Crore Investment
NEW DELHI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, addressed a starred question in the Lok Sabha raised by Shri Krishna Prasad Tenneti
‘Indian shipyards secured orders worth Rs 10,500 cr for building ships in last 8 years’
NEW DELHI : The Centre’s Shipbuilding Financial Assistance Policy has helped Indian shipyards to secure both domestic and export orders for building ships to the tune of approximately
Govt will come out with new shipbuilding policy soon: Sarbananda Sonowal
NEW DELHI : A day after Finance Minister Smt. Nirmala Sitharaman, in her budget speech, announced the Centre’s push for indigenous shipbuilding, Union Minister for Ports, Shipping and
Budget will significantly enhance India’s shipping, cruise, shipbuilding, and ship repair indu
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal said the Budget is strongly grounded on the development of Garib, Mahilayen, Yuva and Annadata
Economic Survey 2023-24: 39 Shipyards registered, 18 utilised benefits under shipbuilding financia
NEW DELHI : A total of 39 shipyards have registered, and 18 shipyards utilised the benefits under the Centre’s scheme to provide financial support to Indian shipyards for
Economic Survey 2023-24 : Lakshadweep, Andaman & Nicobar, Gujarat to be developed for ship bui
NEW DELHI : In a significant stride towards enhancing India’s coastal infrastructure, the recently released economic survey for the fiscal year 2023-24 has placed island development at one