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SHIPBREAKING FACILITIES
Govt rolls out Rs 44,700 crore shipbuilding push to boost domestic maritime industryThe Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Sc...- India eyeing Bangladesh’s top spot with perks for recycling dying shipsIndia is set to introduce 40 billion rupees in incentives to revitalise its shipbreaking industry and regain market dominance from Banglade...
- Budget 2025: Shipping gets a blast of wind in its sailsIndia is set to boost its shipbuilding industry with the announcement of a ₹25,000-crore Maritime Development Fund and development of new s...
- Budget 2025: Nirmala Sitharaman announces Maritime Development Fund of Rs 25,000 crore for long-term financingFinance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry...
- ‘Strong support for India’s ports, shipping & logistics sectors’—Industry players laud Union Budget 2025The government proposes to revamp the Shipbuilding Financial Assistance Policy and establish a Rs 25,000 crore Maritime Development Fund
- Union Budget 2025: Indian shipping gets a budget bonanzaUnion Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...
- For a larger slice of global pie, India seeks anchor role to turn local shipbuilding tideThe government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...
- Maharashtra to set up four circular economy parks for major industriesThe government is ready to offer lots of incentives to early birds in the form of lower GST rates, lower power and water tariffs along with...
- Shipbreaking at Alang grinds to a complete haltChittagong in Bangladesh and Alang in Gujarat are global leaders in the marine salvage industry, with the Indian facility having a clear ed...
- Can a new ship-recycling law help India regain its status as the world’s top dismantler of vessels?India used to be the world leader in the industry before competition from Bangladesh became too hot to handle.
- 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...
- Regulatory vacuum makes shipping industry susceptible to misuse, exploitationIrrespective of the existence of the law intended to check and prohibit entry of ships of dubious nature into Indian territorial waters, sh...
- Ship-breaking industry busy striving to maintain top formUndercurrents notwithstanding, the domestic players are busy working towards retaining current position as world's top ship-breaking nation.
- Alang Shipbreakers fear GMB rate revision could harm India playIndian shipbreaking activities , though, have registered an encouraging performance during the first six months of the calendar year, India...
- Heavy air pollution at ships' graveyardThere is no cause for worry about environmental pollution, according to Maharashtra Pollution Control Board (MPCB) officials, who echo the ...
- Banned in Bangladesh, toxic ship heads to IndiaAfter being banned in Bangladesh, a toxic-laden ship, Probo Koala, is headed towards Indian shores for dismantling.
- GVK to develop LNG terminal in GujaratGVK Power and Infrastructure Ltd has inked an agreement with the state government for developing a new terminal for importing gas at Okhama...
- Shipping 2010: Nothing much to write home aboutWhile the shipbuilding sector is surviving, it is also keeping its hopes for government support to help it grow vigorously.
- India to press for stricter norms on ship-breakingIndia refuses to be a dump yard for hazardous ships. During the forthcoming inter-sessional working group meeting at the International Mari...
- Alang sets sail for new horizonsNewer shores await the world’s largest ship-breaking yard at Alang, as it is set for corporatisation.
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