Foreign non-propelled ships require license for coastal trade under New Shipping Bill
NEW DELHI : Foreign-flagged non-propelled vessels, including mobile offshore drilling units and accommodation barges, will be allowed to operate in India’s coastal trade under a new Coastal Shipping law, pending approval from Parliament. These
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
Swan’s Shipyard makes payment of Rs.196 Crore to its Lender Consortium
MUMBAI : Swan’s Shipyard (RNEL) has made a payment of Rs.196 crores to its lender consortium in accordance with the payment schedule laid down in the NCLT approved Resolution Plan for Reliance Naval and
Indian Coast Guard ships arrive in Maldives for maritime collaboration
NEW DELHI : The Indian Coast Guard’s two patrol vessels arrived in Maldives’s capital Male on Monday as part of their ongoing deployment to the Indian Ocean Region. The visit by Offshore Patrol Vessel
Survey vessel INS Nirdeshak commissioned into Indian Navy
VISAKHAPATNAM : INS Nirdeshak, the second ship of Survey Vessel (Large) project, was commissioned into the Indian Navy, in a ceremony presided over by Raksha Rajya Mantri, Shri Sanjay Seth on 18 December 2024
Sebastian von Hardenberg appointed as new CEO of BSM
HAMBURG : Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSM’s Chief Financial Officer Sebastian von Hardenberg. Beveridge will remain CEO of the Schulte Group.
Vizhinjam International Seaport gets new Identity: A Fresh Location Code for Global Navigation
THIRUVANANTHPURAM : The Vizhinjam International Seaport has embarked on a new chapter as it updated its location code to IN TRV 01, Kerala Minister for Ports Shri V N Vasavan announced. The change, following
Sankalp Shukla appointed as the new Managing Director of BSM India
NEW DELHI : Bernhard Schulte Shipmanagement (BSM) announces the appointment of Sankalp Shukla as the new Managing Director of BSM in India, effective 1 January 2025. He will succeed Sanjeev Sharma who is retiring