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
NEW DELHI : India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister Smt. Nirmala Sitharaman said on Saturday while presenting
ATHENS : Dynamic Group of Companies, a pioneer in repair and maintenance services for maritime and heavy industries, is excited to announce its partnership with the Green Award Foundation as an official incentive provider.
GENEVA : The world’s largest container shipping line, Mediterranean Shipping Company (MSC) has initiated preliminary discussions with India’s Ministry of Ports, Shipping, and Waterways to identify a suitable greenfield site for developing a shipyard.
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
MUMBAI : Swan Energy Limited (SEL), a leading global conglomerate with diversified interests in Textile, Real Estate, Oil & Gas and Shipbuilding and Heavy Engineering, is pleased to announce the resumption of operations at
KOLKATA : In a display of its capability to build new-age vessels and contribute towards a greener future, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a contract with the Transport Department, Government of
KOLKATA : Keel Laying ceremony of Yard 3037 and 3038, the 1st & 2nd Next Generation Offshore Patrol Vessels (NGOPV) (ex-GRSE) was held at M/s Garden Reach Shipbuilders & Engineers Ltd, Kolkata on 05 Nov 24. The ceremony was
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On Monday, the shipyard announced that it