DG Shipping signs an Umbrella MoU with DCG of C-DAC
MUMBAI : The Directorate General of Shipping, Shri Shyam Jagannathan, IAS and The Directorate General of C-DAC Shri Magesh Ethirajan signed an Umbrella MoU in the presence of
Indian Register of Shipping strengthens role in major Defence Projects
NEW DELHI : Indian Register of Shipping (IRS), a leading international classification society, is proud of its growing role in advancing India’s Defence capabilities through its participation in
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
Baltic Index logs third weekly loss on weaker rates across vessel segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly
India likely to launch ‘Bharat Container Shipping Line’ and form consortium for global p
NEW DELHI : India plans to set up a consortium with equity participation by public sector enterprises to bid for operating overseas port assets, senior officials said. Stakeholders
SCI shows remarkable growth of 145.61% PAT in H1 FY24-25
MUMBAI : The Shipping Corporation of India (SCI), a midcap player in the shipping industry, has reported positive financial performance for the second quarter of FY24-25, showcasing significant growth metrics.
Klaipėda Port moves into the future: the country’s first hydrogen-powered ship is already in
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no
India’s maritime sector has become a cornerstone of the country’s economic resurgence :
MUMBAI : India is expanding its port capacity more than sixfold to reach 10,000 million tonnes per annum by 2047, marking the country’s largest-ever maritime infrastructure drive as
India’s maritime sector needs investment of $1 trillion by 2047 : MoPSW Secy
MUMBAI : The Indian maritime sector would need an investment of $1 trillion by 2047 and ₹5 lakh crore by 2030 to harness its full potential, Shri T.K.
95% of India’s trade by volume moves through coastal routes : DG Shipping
MUMBAI : As much as 95 per cent of India’s trade by volume and 68 per cent by value moves through the coastal routes highlighting the scope for