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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...
Korea's Samsung Heavy Industries joins India's shipbuilding push with Swan Defense and Heavy IndustriesSamsung Heavy Industries has partnered with India's largest shipyard, Swan Defense and Heavy Industries, to enter the Indian shipbuilding m...
Tides turning for a Maruti moment: Domestic order of 100+ vessels needed to spark a shipbuilding waveIndia aims to boost shipbuilding. A 70,000-crore package supports domestic shipyards. This initiative seeks to replicate Maruti Suzuki's pa...
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...
S Korean shipbuilding giant shifts out of ChinaAccording to its proposal, Samsung would pay one month of salary for every full year of employment, plus one more month of salary and reemp...
Cochin Shipyard stuck with three LNG carriers as private companies back outAfter multiple tenders and extensions, the company has received bids from two Japanese consortiums for this. Each bidder had to bid for at ...
GAIL India postpones $7-billion LNG ship tender by one monthBids for the tender, which was re-floated in September, were to close on February 29, but the last date of bidding has now been postponed t...
GAIL extends bidding deadline for $7-billion LNG carriersState gas utility GAIL India has extended last date of bidding for its $7 billion tender for hiring nine newly built ships for ferrying LNG...
Cochin Shipyard to make LNG shipsCochin Shipyard has already tied up with Korea's Samsung to bid for state gas utility GAIL India Ltd's USD 7 billion tender for nine LNG sh...
Hyundai looking for new partner to bid for building LNG ships for GAILL&T broke ties with Hyundai to focus on more lucrative defence sector business. Hyundai Heavy Industries is scouting for a new local partne...
GAIL tender offers easier terms for local shipbuildingGAIL is seeking to hire at least nine carriers, a third of which must be built locally, according to a fresh tender issued by the company.
GAIL re-floats $7 billion tender to hire LNG shipsGAIL re-floated the tender for charter hiring of 9 ships quoted in 3 lots of three ships each. One ship in each lot is be built at an India...
GAIL to offer foreign shipbuilders five years for making LNG carriersGAIL is insisting foreign shipbuilders to build in India at least a third of the 11 LNG carriers it plans to charter for about 20 years beg...
Make in India: L&T, Hyundai Industries ink LNG carriers agreementWhile L&T aims to bag order from GAIL, which is likely to re-launch tender for nine LNG carriers, the firm hopes to get more orders in Indi...
PM Narendra Modi meets CEOs of Hyundai, Samsung, Posco, LG in KoreaCarmaker Hyundai wants to set up a third automobile plant in India and diversify into construction and railway sectors in India.
After GAIL tender fails, Samsung Shipyard to build LNG carrier at KochiOn the heels of GAIL's Rs 42,370 crore global LNG ship tender with 'Make in India' caveat failing, Korea's Samsung has signed a pact to bui...
Ministry of External Affairs to lobby Korea, Japan for shipping technologyIdea is to lobby S.Korea to push its cos to provide tech support. This is their chance to play a significant role in Make in India drive.
- ABG Shipyard is a good bargain: TS Anantakrishnan
"There is a huge upside and the stock could easily give you more than 40-50% return from here."
- SKorean shares close 1.83 percent lower
South Korean stocks closed 1.83 percent lower Thursday as investors unloaded technology, shipyard and construction shares amid concerns ove...
- Punj Lloyd buys 25% in Pipavav Shipyard
The New Delhi-based infrastructure major Punj Lloyd has acquired a 25.1% stake in Pipavav Shipyard for Rs 403 crore.