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CHINA SHIPBUILDING SUBSIDIES
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
Another Hyundai heads for India. Why it's importantIndia's shipbuilding sector is set for a big change. HD Korea and Cochin Shipyard Limited have signed a pact. India aims to be among the to...
Trump gets new tool to fight China with findings on shipbuildingA US government investigation finds that Chinese subsidies give the nation’s shipbuilding industry unfair advantages, harming American comp...
US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources sayPresident Biden's administration found that China uses unfair practices to dominate global shipbuilding, aided by heavy subsidies and labor...
Ready to dock: New Delhi seeks maritime makeover with Korean and Japanese partnershipsA high-level Indian delegation visited South Korea to promote India's maritime growth and seek collaborations with Korean shipbuilders. Ind...
Catching wind in the sails, finallyIndia is aiming to boost its shipbuilding capacity to match its growing manufacturing trade. The government seeks investment from South Kor...
For a larger slice of global pie, India seeks anchor role to turn local shipbuilding tideThe government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...
Shipping Ministry to soon propose measures to promote 'Made in India' shipsFM Arun Jaitley in his Budget speech in July had said a “comprehensive policy to promote Indian ship building industry” will be announced s...
- Shipping Ministry seeks sops to boost shipbuilding
The ministry has made a recommendation to the cabinet committee of secretaries to introduce the interest subvention scheme, the official ad...
Bharati Shipyard posts net loss of Rs 132.98 croreBharati Shipyard posted net loss to the tune of Rs 132.98 crore as against a net profit of Rs 1.6 crore in the October-December quarter.
- ABG Shipyard's net profit falls 60%, revenue also down
ABG Shipyard on Wednesday said that the company's net profit during the October-December quarter fell by 60% to Rs 18.62 crore as against R...
L&T shipbuilding receives fresh orders worth Rs 447 crore from the defence ministryThe company had earlier received a similar contract when it was awarded a similar contract worth Rs 977 crore for the construction of 36 ve...
- Shipping Ministry seeks sops, duty waiver for shipbuilders
The shipping ministry's demand which was placed before the cabinet committee of secretaries will be taken up next month.
Mitsubishi may establish joint venture with L&T ShipbuildingIn an email response, Mitsubishi said that it does not have a concrete plan on a JV yet, but will look at favourable government policy to s...
- Shipping Min seeks revival of subsidy scheme for shipbuilders
The Shipping Ministry has sought immediate policy measures including revival of subsidy scheme for shipbuilders.
- Shipbuilders may float on subsidies for 10 more years
The finance ministry had earlier turned down the ship-builders's demand for extending the scheme of providing subsidy to them.
- Sops for ship builders may stay afloat for 5 more years
Shipbuilders such as Larsen & Toubro (L&T) and Bharti Shipyard may get a shot in the arm with the ministry of shipping, road transport and ...
- New policy to get shipping out of dock
The proposed new maritime policy has ambitious plans for the ship-building and ship-repairing industry including ushering in 100% FDI.