India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
Six 19th-century coins found hidden under HMS Victory's masts, revealing a centuries-old maritime traditionWorkers found six 19th-century coins and tokens under the foremast of HMS Victory. This discovery revives the ancient naval tradition of ma...
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...
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
West Asia War: US says it's hunting for explosive mines in latest push to open Strait of HormuzWest Asia War: The United States Navy is actively clearing mines from the Strait of Hormuz. This crucial oil shipping route faces disruptio...
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...
Keel laying of fourth fast patrol vessel to enhance Coast Guard capabilitiesThe Indian Coast Guard held a keel-laying ceremony for its fourth fast patrol vessel. This is part of a 14-ship project for coastal securit...
Two Indian ship recycling yards selected for EU auditThe Indian ship recycling industry has typically followed substandard practices which dissuaded ship owners from using their services.
Maersk Group plans to break ships at Alang Yard"The Maersk Group’s policy is to only recycle ships responsibly. Until recently, this was only feasible in a limited number of yards in Chi...
Indian yards to demolish vessels for scrapped metal supplyThe shipping industry is expected to see a downtrend in demand through to 2017-18, according to Sefine Shipayrd's Gungor.
Infrastructure push: Indian yards to demolish vessels to increase scrapped metal supplyThe shipping market is weak and it is wise to replace older and inefficient vessels, said delegates at SeaAsia, a three-day conference and ...
Gujarat: High Court seeks Centre's reply to PIL on labourers' safety at AlangHC directed central government to file its reply to PILwhich sought labourers' safety at Alang ship-breaking yard in Bhavnagar district.
- Strengthen security at Alang ship-breaking yard: Panel
It has also said that the overall security at the yard be beefed up and the area should have more policemen.
- Alang ship-breakers face Rs 2,000-cr hit from Rupee fall
Ship-breakers are likely to bear a total loss of Rs 2,000 crore for the fiscal year as the rupee fell by over 18% in the last seven months.
- Slowdown at Alang yard pushes up scrap steel price
A slowdown at the country’s largest ship-breaking yard, Alang, has pushed up scrap steel prices by Rs 1,000 per tonne in two weeks.
- Alang breaks a record 5,000 ships since 1982
With as many as 130 ships being broken simultaneously, the Alang ship breaking yard has crossed the milestone of dismantling 5,000 ships be...
- Govt plans 2 hi-tech ship building yards
With India becoming a leading maritime power, the government has embarked upon an ambitious plan to set up two state-of-the-art ship buildi...