NEW DELHI : The shipping industry is expecting that the upcoming Union Budget 2024 will greenlight the revised production-linked incentive (PLI) scheme for manufacturing shipping-grade containers. Specific reforms expected include increased funding for port
VARANASI : The country’s first indigenous, Hydrogen fuel cell Inland Waterway’s Vessel reached Varanasi on Sunday evening. Under experts of Cochin Shipyard, trials to ply it on the Ganga will take place, a senior
KOLKATA : State-run Garden Reach Shipbuilders saw shares recover from the lows of the day after the company bagged an order worth ₹840 crore from the National Centre for Polar and Ocean Research (NCPOR),
NEW DELHI : The Union Ministry of Shipping has proposed a joint venture between state-run Shipping Corporation of India (SCI) and a public sector oil marketing company for manufacturing very large oil tankers, said
NEW DELHI : The central government may soon launch a maritime development fund to support firms in building ships and the announcement could be made in the upcoming Budget 2024, according to reports on
AHMEDABAD : The Adani Group is considering building ships at its flagship Mundra Port in the Kutch, Gujarat. This comes as other major ship building ports in China, Japan and South Korea are “booked
CHATTOGRAM : Ship recycling companies in Bangladesh have confirmed their intentions to hire more women, after acknowledging the “wasted talent” in an industry that has traditionally barred females from employment. A careers fair hosted
FINLAND : Foreship expertise in energy efficiency and sustainability will be central to optimizing the performance of two new ro-pax ferries on their delivery into west Mediterranean services connecting Marseille and Corsica in 2027.
MUMBAI : Defence major Mazagon Dock Shipbuilders on Tuesday evening announced that the government had granted it “Navranta” status. What Happened: The company in an exchange filing said that the “Department of Public Enterprises (DPE) has approved
SEOUL : South Korean shipbuilder Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership, HMM Ruby, to compatriot shipping company HMM. HMM revealed the ship’s delivery via social media update on June