Bangladesh moves to strengthen ship recycling and hazardous waste laws
DHAKA : Draft amendments to update Bangladesh’s ship recycling and hazardous waste management legislation have been developed through the IMO’s SENSREC project, with the aim of aligning the industry with international environmental and safety
GRSE confident of doubling export orders in a year with new shipyard plans
KOLKATA : Garden Reach Shipbuilder is confident of more than doubling the export component in its orderbook to 10% in the next one year, and is exploring plans to set up a greenfield shipyard
Heritage of India’s maritime history : Dr Malini Shankar
NEW DELHI : As India sets its sights on enhancing maritime security, underwater domain awareness and boosting trade, there is a need to integrate the country’s ancient maritime heritage with cutting-edge technological advancements. This
Bangladesh still top shipbreaking destination
DHAKA : Bangladesh maintained its position as the world’s top ship-breaking destination in 2024 despite a fall in imports of scrapped vessels compared to 2023. The country imported 130 scrapped ships last year which
GRSE Q3 results: Profit misses estimates, revenue up 38%
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
Union Budget 2025 boosts Shipbuilding with New Mega Clusters in India : Sonowal
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
Union Budget 2025-26 : India to set up $3-billion maritime development fund for shipping industry
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
Dynamic Group of Companies joins Green Award as an Incentive Provider
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.