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Nods for Rs 30,000 crore shipbuilding cluster in Andhra Pradesh this month: Minister SonowalIndia plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Pr...- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- India's commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: CrisilIndia's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 pe...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burdenShip safety in the Strait of Hormuz draws attention to vessel flagging. India is boosting its flagged fleet. The Maritime Amrit Kaal Vision...
- Indian national killed in attack by Iran against US-owned oil tanker Safesea Vishnu in Iraqi watersAn Indian national has been killed in an attack by an Iranian "suicide" boat on the US-owned oil tanker Safesea Vishnu near Iraq's Khor Al ...
- Large ships accorded infra status, to draw more financesThe government has granted infrastructure status to large ships, defined as commercial vessels meeting specific tonnage and ownership crite...
- Budget 2021: Ship Recycling capacity to double by 2024, generate 1.5 lakh jobsIndia has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention.
- Centre notifies DG Shipping as the National Authority for Ship RecyclingDG Shipping will look after the sustainable development of the ship recycling industry, monitoring the compliance to environment-friendly n...
- Director General of Shipping notified as National Authority for Recycling of ShipsAs an apex body, DG Shipping is authorised to administer, supervise and monitor all activities relating to ship recycling.
- Survey expresses worry over aging shipping fleet, low share in global tonnageIndia's shipping tonnage was only 1.92 lakh Gross Tonnage (GT) on the eve of independence, it said and added that it increased gradually th...
- Government plans to take gross Indian tonnage in shipping to 43 million tonnesGovernment plans to take gross tonnage under the Indian flag to 43 million tonnes (MT) in the next five years from the present 10.31 MT.
- Government fails to raise freight tonnage on Indian ships: CAGCAG has slammed the government for failing to increase Indian tonnage despite increased global competitiveness.
- MV Wisdom stands stranded in Mumbai; its myths and realityMuch have been written about Wisdom, the box ship that stands stranded in Mumbai. We try to separate the myth from the truth about it.
- Shipping Corp to acquire 110 vessels by 2020: VasanShipping Corporation of India plans to acquire 110 vessels of 5.21 million gross tonnage (GT) at an estimated cost of Rs 27,668 crore in ne...
- Indian shipping & ship-buildingThe smart rebound in India's external trade draws attention to our shipping policy.
- Fleet acquisition programme too ambitious for shipping companiesMany companies are busy with cutting costs to tide over the financial crisis.
- Indian tonnage on the declineDue to sale/scrapping of bigger ships and additions of smaller tonnage vessels.
- Indian shipping tonnage crosses 9 million GTShipping tonnage growth under the Indian flag is zooming. It has notched a record of 9.07 million gross tonnage (GT) as on August 31, 2007,...
- Shipowners for infrastructure status to industryThe shipping industry, which requires $ 20 billion worth investment by 2010-11, has demanded infrastructure status to have easy access to f...
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