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India launches World’s first Shipbreaking Credit Note under SBFAS 2.0

New initiative links responsible ship recycling with domestic shipbuilding to strengthen India's maritime ecosystem NEW DELHI : India has become the first country in the...

Grounded container ship MSC Baltic III damaged by ‘extreme wind’ and rough seas

CEDAR COVE : The grounded container ship MSC Baltic III on Newfoundland's west coast has been damaged by high winds and storm surge in...

Niranjan Bhalerao takes over as Director (Finance) of GRSE Ltd.

KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is pleased to announce that Shri Niranjan Bhalerao has assumed charge as Director (Finance) of...

MoPSW highlights ₹24,736 Crore boost for Shipbuilding and Recycling Ecosystem

NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi has recently approved a ₹24,736 crore package for FY 2026–36 under...

‘Chips or ships, we must make them in India’: PM Modi addresses the ‘Samudra se Samriddhi’ event, unveils maritime projects worth Rs 34,200 crore...

BHAVNAGAR: Prime Minister Shri Narendra Modi inaugurated & laid the foundation stone of development works worth over Rs 34,200 crore in Bhavnagar, Gujarat on...

India eyeing Bangladesh’s top spot with perks for recycling dying ships

NEW DELHI : India is planning ₹4,000 crore ($454 million) in incentives to bolster its shipbreaking industry, people familiar with the matter said, as...

Christening of the first of two CSOVs for Bernhard Schulte Offshore

NORWAY : Bernhard Schulte Offshore announces the delivery of its latest Commissioning Service Operation Vessel (CSOV) from Ulstein Verft in Norway. The newbuilding, which...

ICG races to prevent oil spill near Kerala: A breakdown of what happened and efforts undertaken to ward off grave ecological threat

NEW DELHI : The Indian Coast Guard (ICG) has ramped up its efforts to deal with a potential ecological threat that may arise due...

MoPSW highlights Infrastructure Development in Shipbuilding Clusters in India

NEW DELHI : Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal in a written reply to the Rajya Sabha informed that, the...

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