‘Indian shipyards secured orders worth Rs 10,500 cr for building ships in last 8 years’ : Sonowal
NEW DELHI : The Centre’s Shipbuilding Financial Assistance Policy has helped Indian shipyards to secure both domestic and export orders for building ships to the tune of approximately Rs 10,500 crore since 2016, according
Economic Survey 2023-24: 39 Shipyards registered, 18 utilised benefits under shipbuilding financial assistance policy scheme
NEW DELHI : A total of 39 shipyards have registered, and 18 shipyards utilised the benefits under the Centre’s scheme to provide financial support to Indian shipyards for shipbuilding contracts signed between April 1,
Economic Survey 2023-24 : Lakshadweep, Andaman & Nicobar, Gujarat to be developed for ship building, repairing and eco-tourism
NEW DELHI : In a significant stride towards enhancing India’s coastal infrastructure, the recently released economic survey for the fiscal year 2023-24 has placed island development at one of the forefronts of its agenda.
Kashi to Prayagraj during Mahakumbh : First Hydrogen Vessel to begin operations after trials
VARANASI : The country’s first indigenous, Hydrogen fuel cell Inland Waterway’s Vessel reached Varanasi on Sunday evening. Under experts of Cochin Shipyard, trials to ply it on the Ganga will take place, a senior
GRSE bags ₹840 Cr order from National Centre for Polar and Ocean Research
KOLKATA : State-run Garden Reach Shipbuilders saw shares recover from the lows of the day after the company bagged an order worth ₹840 crore from the National Centre for Polar and Ocean Research (NCPOR),
MSC acquires ships from China, netting $48.5 million profit for BAL!
GENEVA : Mediterranean Shipping Company (MSC) has secured two 14,000 TEU container ships under construction at Jiangnan Shipyard for a total of $333 million. These vessels were originally ordered by China’s BAL Container Line
Cochin Shipyard secures ₹1,100 Cr export order from Norway firm
KOCHI : Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of Cochin Shipyard Limited (CSL), has secured an international order for the construction of eight 6300 TDW (total dry weight) Dry Cargo Vessels. The order,
Newbuilding prices climb 3% to highest level in 16 years : BIMCO
LONDON : “Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the