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SHIP REPAIR AND RECYCLING
Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
Odisha advances industrial push with Rs 3,877 crore infusionThese investments span advanced manufacturing, green industries, healthcare, and tourism, reinforcing the state's industrial growth and eco...
JM Baxi draws up Rs 10,000 crore ship recycling and repair plan: SourcesJM Baxi plans a significant Rs 10,000 crore investment to establish ship recycling and repair centers, alongside launching cruise operation...
India building global-standard inland ship repair network to boost water transport: Shantanu ThakurIndia is enhancing its inland ship repair and maintenance facilities. New centers in Patna and Varanasi are operational, with another plann...
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...
Maritime investment road map of $1-trillion ready, says Sarbananda SonowalIndia prepares a massive maritime investment plan. The $1 trillion roadmap aims to transform ports, shipping, and logistics. Sarbananda Son...
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. ...
Budget 2025: Tax breaks said to be among incentives for shipping sectorBudget 2025: The Indian government is considering incentives for the domestic shipping sector, such as tax breaks, support for vessel manuf...
Maersk keen to build & repair ships in India, says officialMaersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...
Rs 30,000 crore maritime development fund to help shipbuildingIndia is launching a ₹30,000 crore Maritime Development Fund to bolster its shipbuilding industry and aims to lead the world in ship recycl...
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...
Growing e-waste an opportunity for manufacturers: Tech product makersThe increase in the amount of e-waste generation is an opportunity for manufacturers, according to technology product manufacturers. E-wast...
Significantly lower port turnaround time will attract global shipping lines: Sarbananda Sonowal, minister for ports, shipping, and waterwaysSarbananda Sonowal said that the vision of making India a developed and self-dependent country by 2047 is a priority which Prime Minister N...
India to lure manufacturers with electronics repair pilot projectPrime Minister Narendra Modi has promoted electronics manufacturing in India and attracted the likes of Apple and Xiaomi, but the country s...
India and US agree to enhance cooperation in port developmentThe Sagarmala project with 150 projects have potential of mobilising $50-60 Billion of infrastructure investment and another $100 Billion o...
Maritime Summit likely to attract investment contracts worth Rs 2 lakh crore: Nitin GadkariThe government will also sign an MoU with South Korea for development of port and shipping infrastructure in India.
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...
Projects with investment potential of Rs 1.2 lakh crore to be showcased at maritime summitThe ports and shipping sector has the potential to create nearly 40 lakh direct jobs and 60 lakh indirect employment opportunities over the...
Port and shipping sector can create nearly 40 lakh direct jobs: Nitin GadkariPort and shipping sector has potential to create nearly 40 lakh direct jobs and 60 lakh indirect employment opportunities over the next 5 y...