Shipping industry set to gain infrastructure status : A boost for domestic shipbuilding and ownership
NEW DELHI : Indian Government may grant infrastructure status to the shipping industry to help improve India’s position to the top five countries countries globally in shipbuilding and ownership by 2047, two persons aware
India makes fresh overture to Korean shipbuilders
SEOUL : An Indian delegation led by Secretary T.K. Ramachandran of the Ministry of Ports, Shipping and Waterways visited South Korea’s major shipyards earlier this month, in an apparent move to seek cooperation in
GRSE triumphs at PRSI National Awards 2024: Secures Excellence in two Communication Outreach Categories
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. (GRSE), was honored with two prestigious awards at the PRSI National Awards 2024, held in Raipur. GRSE was recognized for its outstanding achievements in External Communication
India Sets Sail as a Global Shipbuilding Hub, says Vivek Merchant
MUMBAI : 2024 Year End Quote– 2024 has marked a transformative year for India’s maritime sector,” says Mr. Vivek Merchant, Director of Swan’s Shipyard, as he highlights the nation’s growing role in addressing global
Indian Register of Shipping reflects on 2024 and sets Ambitious Goals for 2025
MUMBAI : Indian Register of Shipping (IRS) concludes 2024 with remarkable achievements across sustainability, innovation, and maritime safety, making its Golden Jubilee year a testament to its legacy and vision. From spearheading decarbonisation projects
India propels shipbuilding industry with incentives and green innovations
NEW DELHI : The Indian government is taking big steps to strengthen its domestic shipbuilding industry. Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal, recently shared several industries aimed at promoting local shipbuilding, encouraging
BIMCO: Container Shipping Market Overview & Outlook December 2024
LONDON : Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship demand has increased as 90% of the capacity that normally transits the Suez Canal
Udupi Cochin Shipyard launches first vessel built for Norwegian firm
KOCHI : Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited, launched the inaugural vessel of the Series of Six 3800 TDW General Cargo Vessels being built for M/s Wilson ASA, Norway.