New shipbuilding scheme likely after 2026, with higher incentives
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
Rs 25k Cr Shipbuilding fund set to be cleared to grow Blue Water Economy in India
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
CSSC announces world’s first 27,500 TEU container ship
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
Joint shipbuilding projects at Indian shipyards to be explored at this week’s EEF
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
Swan Energy to showcase its State-of-the-Art Shipyard at SMM Hamburg 2024
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,
Seaspan has ordered 27 container vessels in June only
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
Container ship newbuilds reach post-Covid high
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,
New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035
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
