ABU DHABI : Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, offering a diversified portfolio of maritime solutions has formed a joint venture (JV) with Arab Shipbuilding & Repair Yard Company
NEW DELHI : As India sets its sights on enhancing maritime security, underwater domain awareness and boosting trade, there is a need to integrate the country’s ancient maritime heritage with cutting-edge technological advancements. This
MUMBAI : A.P. Moller – Maersk and Cochin Shipyard Limited (CSL) announced the signing of a Memorandum of Understanding (MoU) to explore collaboration opportunities in ship repair, maintenance, and building activities in India. This
MUMBAI : Swan Defence and Heavy Industries Limited (“SDHI”), a key private player in commercial & defence shipbuilding, ship repairs, and heavy fabrication in India, has successfully completed the refit of the Indian Coast Guard Ship
GANDHIDHAM : Deendayal Port Authority has issued a tender to lease 2,000 acres for a shipbuilding cluster in Kandla, Gujarat, under a 30-year lease. Bidders must have experience in constructing VLCC-class shipyards. The reserve
NEW DELHI : For long-term financing for the maritime industry, the Union Finance Minister Smt. Nirmala Sitharaman has proposed to set up a Maritime Development Fund with a corpus of Rs 25,000 crore. Announcing
MUMBAI : Mr. Vivek Merchant, Director, Swan Defence and Heavy Industries Limited shares his views on Union Budget 2025-26. “The Union Budget 2025-26 sends a strong message about India’s ambitions in shipbuilding and maritime
NEW DELHI : In a massive boost to India’s Shipbuilding industry, the Modi Government has accorded the coveted ‘infrastructure’ status for large ships. Finance Minister Smt. Nirmala Sitharaman announced in her speech for Budget 2025-26 on
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. reported an 11% year-on-year rise in net profit in the third quarter of this financial year, missing analysts’ estimates. The shipbuilding company posted a profit of
NEW DELHI : The Union Budget has placed strong impetus to realise the huge potential of India’s shipping sector. The forward-looking document aims at further enabling India’s shipbuilding industry with spurring & innovative initiatives