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JOINT VENTURE SHIPBUILDING
Op Sindoor legacy: India moves from borrowing muscle to becoming a source for global playersIndia's defense sector is experiencing a historic upswing, with exports surpassing 38,000 crore rupees. This surge is directly linked to th...
India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda SonowalIndia is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significa...
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...
VOC Port forms joint venture with Tamil Nadu govt to set up shipbuilding cluster at TuticorinV.O. Chidambaranar Port Authority has formed a special purpose vehicle for a mega shipbuilding cluster at Tuticorin. This joint venture wit...
Govt plans to infuse capital in SCI to boost fleet: Sarbanada SonowalThe Indian government is set to boost the Shipping Corporation of India. Plans include capital infusion for fleet expansion and forming joi...
Indian Oil Corp changes track, to buy 10 crude carriers from Shipping Corp JVIndian Oil Corporation is poised to order at least 10 medium-range oil tankers from a Shipping Corporation of India-led joint venture, with...
Mazagon Dock shares rally over 6% after bagging Navratna statusMazagon Dock Shipbuilders, now a Navratna company, is set for exponential growth with significant investment opportunities and strategic pa...
Titagarh Rail plans to raise up to Rs 700 cr via QIP, seeks JV partner for shipbuilding verticalIts board approved the QIP plan at its meeting and also constituted a committee for scouting a partner for the Shipbuilding, Bridges and De...
Russia, India eying prospects for joint shipbuilding venture: Putin"They (ships) will be partially built by us and partially fine-tuned by India's shipyards," the Russian president said.
Cochin Shipyard forms JV with Hooghly Dock & PortLast month, CSL CMD Madhu S Nair has said that the company is in advanced stage of incorporating a joint venture company for taking over as...
Philippines' ICTSI walks away from Indian container port contractICTSI didn't disclose full details on why the contract wasn't beneficial, but added it will continue to look for opportunities in India.
- Defence public sector shipyards have adequate infrastructure to meet country's needs: Vineet Bakshi, Goa Shipyard
Rear Admiral (Retd) Vineet Bakshi, VSM, chairman and managing director of Goa Shipyard, talks about the yard’s modernization programme and ...
L&T, Pipavav Defence form JV with MazagonLarsen and Toubro and Pipavav Defence on Saturday signed two separate deals with the country's biggest naval shipyard, Mazagon Dock, to pro...
- ABG Shipyard moves on expectation of JV with PSU shipyards
The stock of ABG Shipyard has seen an increased investor interest in the last couple of days due to the expectation of a Joint Venture with...
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...
- Defence ministry puts Mazagon-Pipavav JV on hold
Following objections raised by other shipbuilders over the selection process, defence ministry has decided to wait for govt policy.
- Bharati Shipyard, Apeejay Shipping in shipbuilding JV
Mumbai-based Bharati Shipyard and Apeejay Shipping have signed a 50:50 joint venture agreement for setting up large modern shipbuilding yar...