GOA : The 20th Maritime State Development Council (MSDC) in Goa concluded on Friday with remarkable outcomes for India’s maritime sector, including plans for a huge shipbuilding park spanning multiple states. This ambitious initiative
GOA : Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal has said that, it could be a boost for India’s nascent shipbuilding industry, as the companies from Japan and South Korea have
NEW DELHI : India is seeking investment from Korean and Japanese ship manufacturers as part of its ambitions to establish the country as a major global shipbuilding hub. An Indian delegation has met with
NEW DELHI : The Ship Building Financial Assistance Policy (SBFAP) that lapses in 2026 is expected to be replaced with a new scheme with expanded incentives for 10 years, two people aware of the
NEW DELHI : Indian Government may approve a proposal for a ₹25,000-crore Maritime Development Fund this month for providing long-term and low-cost financial support for indigenous ship-building and other blue water infrastructure projects, two persons
HAMBURG : China State Shipbuilding Corporation (CSSC) debuted the world’s largest container ship at the SMM Hamburg Maritime Exhibition, unveiling GREEN SEALION 27500 with a box capacity of 27,500 TEUs. The giant vessel, which received
NEW DELHI : Russia is working to include Vietnam, Thailand and Indonesia as intermediate stops of the Eastern Maritime Corridor connecting Vladivostok with Chennai as part of efforts to boost India’s business connections with
MUMBAI : Swan Energy Limited (SEL), a prominent global conglomerate with diversified interests in Textiles, Real Estate, Petroleum & Petrochemical, Energy and Commercial & Defence Shipbuilding, is set to participate in SMM 2024 (Shipbuilding,
VANCOUVER : The containership new building market has accelerated notably in 2024 and at a very high pace over the last couple of weeks. Seaspan Corporation has given a large order for a series
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. Clarksons stated that 89 container vessels,