India earmarks 15,000 acres for coastal shipbuilding clusters, targets ₹1.5 lakh crore investment : …
NEW DELHI : India has locked in nearly 15,000 acres of land across five coastal states — Odisha, Andhra Pradesh, Tamil Nadu, Gujarat and Maharashtra — for proposed shipbuilding clusters. Nearly 40 per cent
DPA Deputy Chairman interacts with MbPA officials
GANDHIDHAM : Shri Nilabhra Dasgupta, IRS, Dy. Chairman, DPA, interacted & briefed the newly recruited officers of Mumbai Port Authority during their induction visit to Kandla—sharing key insights on port operations, vision and maritime
Indian Seafarers sound alarm over DGS Circular 31 of 2025; Union urges immediate revocation
MUMBAI : In a strong appeal to the Directorate General of Shipping (DGS), the All India Seafarer & General Worker Union has raised serious concerns over the impact of DGS Circular 31 of 2025
BEML sign MoU with HSL to develop next-generation marine engineering systems
NEW DELHI : In a significant step towards advancing India’s maritime industrial ecosystem, BEML Limited and Hindustan Shipyard Limited (HSL) have signed a strategic Memorandum of Understanding (MoU) to jointly develop next-generation marine engineering
Sri Lankan Supreme Court orders $1 bn compensation over X-Press Pearl disaster
COLOMBO : In a landmark judgment that could redefine environmental accountability in South Asia, the Supreme Court of Sri Lanka has ordered non-state actors — including the owners, operators, and local agents of the
AVG Logistics solutions provider secured term loan facilities to cater to working capital and capex …
MUMBAI : AVG Logistics Limited has successfully secured a term loan facility of Rs 20 crore from a leading Non-Banking Financial Company (NBFC). This crucial funding will be strategically utilised to bolster the company’s
Reliance Industries acquires additional 9.9% stake in Nauyaan Shipyard for ₹54.70 Crore
MUMBAI : Reliance Industries Limited has expanded its maritime sector presence through its subsidiary’s acquisition of an additional stake in Nauyaan Shipyard Private Limited. The transaction, completed on July 23, 2025, represents a strategic
MoPSW informs Inland Water Transport development in Uttar Pradesh
NEW DELHI : Union Minister of Port, Shipping and Waterways, Shri Sarbananda Sonowal informed in written reply to the Lok Sabha that, the details of sanctioned projects in Uttar Pradesh under Inland Water Transport