Port reforms, increased shipbuilding activity drive credit surge to shipping sector
NEW DELHI : India’s shipping sector has seen a surge in bank credit, with data from the RBI reporting that outstanding credit to the sector stood at ₹9,959 crore as of October 2025, up
Indian Tea exports surge 15% in FY 2025–26, brewing strong growth in global markets
NEW DELHI : India’s iconic tea industry continues to strengthen its global footprint, with exports recording impressive growth during the current financial year. During FY 2025–26 (April–October), India’s tea exports touched USD 605.77 million,
Suez Canal return could dent global container ship demand: BIMCO
LONDON: A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship demand and overall
MCTC says digital innovation and strategic planning will shape industry success in 2026
LIMASSOL: Digital innovation and an openness to evolve and adapt will be key to continuing to overcome challenges impacting the supply chain in 2026 and ensure quality is not compromised in galley operations, says
“By strengthening shipbuilding and maritime capabilities, PM Modiji has ensured that India’s growth is anchored in self-reliance:” Sarbananda Sonowal
NEW DELHI : The Ministry of Ports, Shipping & Waterways (MoPSW) notified the operational guidelines for two major shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)—aimed at strengthening India’s
V.O.C Port records over one million tonne growth in cargo handling
TUTICORIN : V.O. Chidambaranar Port Authority (VOC Port), Tuticorin, has achieved a significant milestone by registering a cargo handling lead of more than one million metric tonnes over the previous financial year, underscoring its
V.O. C Port floats tender for outer harbour development project under HAM
TUTICORIN : V.O. Chidambaranar Port Authority (VOC Port Authority), Tuticorin, has reached a significant milestone with the floating of the tender for its ambitious Outer Harbour Development Project under the Hybrid Annuity Mode (HAM).
“Idea is to demonstrate capability of great voyages across Indian Ocean”: Sanjeev Sanyal on INSV Kaundinya
NEW DELHI: India’s ancient seafaring traditions are set to be tested on the high seas as INSV Kaundinya, a stitched-sail vessel inspired by 5th-century shipbuilding techniques, prepares for a landmark voyage to Muscat, Oman,