MoPSW Secretary met with delegation from Hanwha Ocean, South Korea
NEW DELHI : Shri T.K. Ramachandran, Secretary, MoPSW, met with a delegation from Hanwha Ocean, South Korea, to discuss potential shipbuilding collaborations between India & Korea. The meeting also explored opportunities to enhance partnerships
Shipbuilders hopeful for Customs Duty exemption extension in upcoming Budget
NEW DELHI : Indian shipbuilders are facing uncertainty as the Customs Duty exemption on the import of raw materials, machinery, and equipment used in ship construction is set to expire on March 31.“The withdrawal
Product Tanker deliveries seen jumping 256% to 16-year high : BIMCO
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024.
Union Minister Sarbananda Sonowal announces major projects to boost capacity at Kandla Port with likely investment of ₹57,000 crores
GANDHIDHAM : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal announced major initiatives to boost the capacity at Kandla Port worth an investment of more than ₹57,000 crores here on 7th
Shipping industry set to gain infrastructure status : A boost for domestic shipbuilding and ownership
NEW DELHI : Indian Government may grant infrastructure status to the shipping industry to help improve India’s position to the top five countries countries globally in shipbuilding and ownership by 2047, two persons aware
India makes fresh overture to Korean shipbuilders
SEOUL : An Indian delegation led by Secretary T.K. Ramachandran of the Ministry of Ports, Shipping and Waterways visited South Korea’s major shipyards earlier this month, in an apparent move to seek cooperation in
GRSE triumphs at PRSI National Awards 2024: Secures Excellence in two Communication Outreach Categories
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. (GRSE), was honored with two prestigious awards at the PRSI National Awards 2024, held in Raipur. GRSE was recognized for its outstanding achievements in External Communication
India Sets Sail as a Global Shipbuilding Hub, says Vivek Merchant
MUMBAI : 2024 Year End Quote– 2024 has marked a transformative year for India’s maritime sector,” says Mr. Vivek Merchant, Director of Swan’s Shipyard, as he highlights the nation’s growing role in addressing global