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SHIP REPAIR EXPANSION
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
North Korea to build 10,000-ton destroyer, state media says before Xi Jinping's visitNorth Korea announced plans to build a 10,000-ton destroyer and develop secret underwater weapons, with leader Kim Jong Un ordering the dep...
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
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...
Centre betting big on Brahmaputra as economic lifeline: Minister Sarbananda SonowalThe Indian government is developing the Brahmaputra river into a major economic corridor. This initiative focuses on transport, trade, and ...
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...
Mazagon Dock acquires 51% stake in Colombo Dockyard for Rs 249.5 crore in first international acquisitionMazagon Dock Shipbuilders Limited has acquired a 51% stake in Colombo Dockyard PLC. This marks India's first international acquisition in s...
Kolkata Port separates from Cochin Shipyard, plans bigger push in ship repairSyama Prasad Mookerjee Port, Kolkata, and Cochin Shipyard Ltd. have reinforced their collaboration to bolster India's ship repair capabilit...
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...
Centre draws up Rs 57,000 crore plan for ship building and Kandla port expansionThe government has launched a Rs 47,000 crore plan to develop shipbuilding facilities and expand Gujarat’s Kandla Port by 135 MTPA. The ini...
Mazgaon Dock to diversify into exports & vessel repairingIt has an order book of Rs 52,000 crore, including four P-15 bravo destroyers, seven P-17 frigates and five of the remaining Kalvari-class ...
Cochin Shipyard eyes inland waterway foray, lines up big moneyreceived more than Rs 1.11 lakh crore worth of bids as against.
Cochin Shipyard IPO to open on August 1; may raise Rs 1,468 croreThe company aims to raise up to Rs 1,468 crore via the IPO.
Cochin Shipyard to build Rs 960 crore International Ship Repair Facility"We are seeking necessary approvals for setting up an International Ship Repair Facility at Cochin Shipyard," Shipping Secretary Rajive Kum...
Ports, coastal police exempted from prohibited list under coastal regulation zoneUnder the CRZ notification, 2011, setting up of new industries and expansion of existing industries within such Zones is prohibited.
Shipping Ministry seeks tax holiday, incentivesIn a letter to the finance ministry, it has asked that a 10-year tax holiday be granted to loss-making shipyards to help them save capital ...
CSL receives 'in principle' approval for drydockThe company intends to raise capital to meet its expansion plans through a judicious mix of debt and equity options, a CSL press release sa...
Cochin Port to lease out land for international ship repair facilityA contract in this regard was signed here today at a function presided by Union Minister of State for Communication IT and shipping, Milind...
- Cochin Shipyard IPO delayed
The disinvestment of Cochin Shipyard has been put on the backburner, as it has yet to firm up its expansion plans for which it had to raise...