December 30, 2025
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New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035

August 6, 2024 Maritime, Ports, Ship Building, Shipping, Shipyards, Trade, Trending News
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, Shipping and Waterways Secretary Mr. T

India boosts Domestic Shipping Industry with Strategic Initiatives

August 5, 2024 Maritime, Policy, Ship Building, Shipping Line, Trade, Trending News
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 Indian shipping lines.  These initiatives are

Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels

August 3, 2024 International Shipping, Maritime, Ship Building, Shipyards, Technology, Trending News
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 Intent (LOI) with the selected shipyard,

Sagarmala Projects : Transforming Andhra Pradesh with more than Rs.7000 Crore Investment

July 27, 2024 Shipping, Maritime, Ports, Ship Building, Trending News
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 and Shri Y S Avinash Reddy

‘Indian shipyards secured orders worth Rs 10,500 cr for building ships in last 8 years’ …

July 27, 2024 Ship Building, Ports, Shipping, Shipyards, Trending News
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 Rs 10,500 crore since 2016, according

Govt will come out with new shipbuilding policy soon: Sarbananda Sonowal

July 26, 2024 Maritime, Policy, Ship Building, Shipping, Trending News
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 Waterways Shri Sarbananda Sonowal on Wednesday

Budget will significantly enhance India’s shipping, cruise, shipbuilding, and ship repair indu…

July 24, 2024 Maritime, Cruise Tourism, EXPORT, Ports, Ship Building, Ship Repair, Shipmanagement, Shipping, Trade, Trending News
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 and provides the roadmap for renewed

Economic Survey 2023-24: 39 Shipyards registered, 18 utilised benefits under  shipbuilding financial…

July 23, 2024 Maritime, Ports, Ship Building, Shipyards, Trending News
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 shipbuilding contracts signed between April 1,

Economic Survey 2023-24 : Lakshadweep, Andaman & Nicobar, Gujarat to be developed for ship buil…

July 23, 2024 Maritime, Cruise Tourism, Economy, Finance, Ship Breaking, Ship Building, Ship Repair, Shipping, Shipyards, Trending News
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 of the forefronts of its agenda.

Empowering Aatmanirbhar Bharat: GRSE signs MoU with Merlinhawk for strategic projects

July 23, 2024 Maritime, Ship Building, Trending News
KOLKATA : In continuance with its efforts towards diversification and developing indigenous solutions to meet the country’s defence requirements, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a Memorandum of Understanding (MoU) with Bengaluru-based
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