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MAHARASHTRA SHIPYARD PROJECT
Maharashtra CM Devendra Fadnavis announces Rs 27,000 crore shipyard project and Rs 7.5 lakh crore loan for sugar factoriesMaharashtra's Chief Minister announced a significant ₹27,000 crore shipyard project. This new facility will become India's largest for ship...
MDL plans Rs 27,000 crore shipbuilding cluster at Dighi, eyes 90,000 jobsMazagon Dock Shipbuilders will invest Rs 27,000 crore for a new shipbuilding cluster. This project aims to create approximately 90,000 jobs...
Indian Navy to add submarine hunter INS Malvan to its fleet: Check its capabilities and why it mattersThe Indian Navy is commissioning the ASW-SWC Malvan, strengthening coastal defence capabilities. This vessel is the second of eight Mahe-cl...
Rs 42,500 cr capex Adani Ports to anchor Maha's maritime growthMaharashtra is set to receive significant investment in its maritime sector. Adani Ports and JSW Infrastructure are leading the charge with...
Adani Group to top-up Dighi Port bet with another Rs 42,500 cr investmentThe Adani Group will invest Rs 42,500 crore to expand Dighi Port in Maharashtra. This is part of a larger Rs 56,000 crore investment across...
Maharashtra bags Rs 56,000 cr investment commitments in maritime sectorMaharashtra has signed 15 agreements totaling Rs 56,000 crore for maritime projects. These investments will expand port facilities and deve...
Govt committed to positioning India as shipbuilding hub: Sahntanu ThakurIndia aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...
Govt approves policy to make Maharashtra shipbuilding hub, create 40,000 jobs by 2030Maharashtra is set to become a major shipbuilding hub. The state government approved a new policy for shipbuilding, repair, and recycling. ...
Square Port Shipyard ties up with Damen to develop ships for domestic, int'l marketsHMPL's subsidiary, Square Port Shipyard, has partnered with Damen Technical Cooperation BV from the Netherlands to upgrade its shipyard in ...
Shipping sector may get 'infrastructure' tag by govt for wider financial aidThe Indian government is considering granting infrastructure status to the entire shipping sector. This move would provide the industry wit...
Stocks in news: Bajaj Auto, Cochin Shipyard, LTTS, Central Bank of India, Rallis IndiaThe government will sell up to 5% stake sale in the company via an offer for sale (OFS). The OFS will opened on Tuesday and the floor price...
PSU stocks HUDCO, Cochin Shipyard among 13 additions into FTSE All-World indexFTSE announced changes to its All-World Index on Friday, adding 13 Indian stocks, the highest from any country. The new additions include B...
6th barge of LSAM 16 series built by private firm launched in ThaneA new barge, the sixth in the LSAM 16 series, was launched in Thane, Maharashtra, by a private firm. This barge, named 'Ammunition Cum Torp...
Maritime India summit: Rs 2 lakh crore MOUs are expected to be signed, says Nitin GadkariGadkari said that port capacity has been increased by 4.3% in the last financial year and major ports increased their capacity by 1% beatin...
Maharashtra unveils new Port PolicyThe Maharashtra government has unveiled its new comprehensive policy for the development of port sector empowering the Maharashtra Maritime...
- Shipping majors drop anchor for setting up lucrative repair facilities
Indian shipping companies, such as Great Offshore, Chowgule Ports and Infrastructure and Bharati Shipyard, are investing big bucks in creat...
- Earnest Shipping gets approval to develop Redi Port
Earnest Shipping will hold about 89% stake, while Maharashtra Maritime will hold the rest of the equity shareholding.
- Bharati Shipyard NCD issue gets CARE ‘A+’
CARE has assigned ‘CARE A+’ rating to the proposed Rs 100 crore non convertible debentures issue of Bharati Shipyard Ltd, which is to say t...
- L&T floats arm for power generation
Engineering and construction giant Larsen and Toubro (L&T) has floated a subsidiary to foray into power generation.
- RIL to pump $2 bn into shipbuilding, dredging
Mukesh Ambani's Reliance Group is set to make a splash in shipbuilding and dredging with $2 mn invested in two separate companies.