NEW DELHI : India’s Finance Ministry may sell up to 10 percent stake each in NLC India (formerly Neyveli Lignite Corporation), Mazagon Dock Shipbuilders and Indian Railway Finance Corporation via the offer for sale route before
GANDHINAGAR : Steel-manufacturer ArcelorMittal Nippon Steel India Ltd (AM/NS India) has signed Memorandum of Understanding worth ₹16,000 crore with the Gujarat government. The agreements include an investment for the construction of a ship-building and repair facility
TOKYO : ClassNK has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships dated 22 December 2023. ClassNK is constantly revising its Rules and Guidance in order to
KOCHI : Cochin Shipyard Limited has signed a Rs 488.25 crore contract with the Ministry of Defence for repair and maintenance of equipment and systems onboard naval vessels. In a press release, the shipbuilding
NEW DELHI : In a significant development, the state-owned Mazagon Dockyards Limited has submitted its response to the Defence Ministry tender for building three new Kalvari class submarines for the Indian Navy. Senior defence
HAMBURG : Bernhard Schulte expands its fleet portfolio and announced the order of its first CO2 tanker. The newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and will feature innovative technologies significantly reducing its
NEW DELHI : Speaking at the Deloitte India Government Summit 2023, MoPSW Shri Sarbananda Sonowal said the India Middle East Europe Economic Corridor (IMEEC) plan will encompass building next generation mega ports in India.
NEW DELHI : Garden Reach Shipbuilders and Engineers (GRSE) Ltd., a major Public Sector Undertaking under the Ministry of Defence, delivered the largest-ever hydrographic survey vessel to be built in India, “INS Sandhayak“, to
BEIJING : As the Global Times reports, the Jiangnan Shipyard under the China State Shipbuilding Corporation Limited officially released the ship type design of the 24000TEU-class nuclear-powered container ship at Marintec China 2023, a
NEW DELHI : To promote “Make in India“ policy and to support shipbuilding industry in India, Ministry has brought in Shipbuilding Financial Assistance Policy (SBFAP) scheme for Indian shipyards to procure orders from domestic