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Port reforms, increased shipbuilding activity drive credit surge to shipping sector

NEW DELHI : India’s shipping sector has seen a surge in bank credit, with data from the RBI reporting that outstanding credit to the...

South Korea secures 20% of global ship orders as China’s lead weakens

SEOUL: South Korea is on track to win back a 20 per cent share of the world's shipbuilding orders this year. This recovery comes...

“By strengthening shipbuilding and maritime capabilities, PM Modiji has ensured that India’s growth is anchored in self-reliance:” Sarbananda Sonowal

NEW DELHI : The Ministry of Ports, Shipping & Waterways (MoPSW) notified the operational guidelines for two major shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme...

“Idea is to demonstrate capability of great voyages across Indian Ocean”: Sanjeev Sanyal on INSV Kaundinya

NEW DELHI: India's ancient seafaring traditions are set to be tested on the high seas as INSV Kaundinya, a stitched-sail vessel inspired by 5th-century...

Indian Register of Shipping records strong, diversified performance in 2025

MUMBAI : The Indian Register of Shipping (IRS) reported a robust and diversified performance in 2025, reaffirming its position as a trusted technical partner...

DG Shipping officials visit Mazagon Dock Shipbuilders Limited

MUMBAI : On December 23, 2025, senior officials from the Directorate General of Shipping (DGS) visited Mazagon Dock Shipbuilders Limited (MDL) in Mumbai for...

Alang Ship recycling yard emerges as Gujarat’s Global Green Maritime hub ahead of Vibrant Gujarat Conference

GANDHINAGAR : The Alang-Sosiya Ship Recycling Yard in Gujarat is being positioned as a global benchmark in sustainable maritime practices, as the state prepares...

INSV Kaundinya revives India’s ancient shipbuilding legacy

SINGAPORE : The Indian Navy’s INSV Kaundinya, a traditionally built stitched sail ship inspired by 5th century CE maritime traditions, marks a remarkable revival...

Mazagon Dock targets ₹1 lakh crore order book by FY26

MUMBAI : Mazagon Dock Shipbuilders is targeting an order book of over ₹1 lakh crore by the end of 2025–26 (FY26), according to Ruchir...

Bureau Veritas classes its first methanol dual-fueled container ship as CMA CGM ANTIGONE delivered by CSSC Jiangnan Shipyard

MARSEILLE : Bureau Veritas Marine & Offshore (BV), has classed its first methanol-fueled containership, CMA CGM ANTIGONE. The 15,000 TEU methanol dual-fuel vessel was...
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