India aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...

The Indian government is poised to introduce a ₹18,090 crore shipbuilding financial assistance policy and a ₹25,000 crore maritime developm...

India plans to launch Bharat Container Line to reduce reliance on foreign vessels and boost overseas trade. The initiative will start with ...

India is set to boost its shipbuilding industry with the announcement of a ₹25,000-crore Maritime Development Fund and development of new s...

Finance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry...

The government proposes to revamp the Shipbuilding Financial Assistance Policy and establish a Rs 25,000 crore Maritime Development Fund

Union Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...

The government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...

The 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...

India used to be the world leader in the industry before competition from Bangladesh became too hot to handle.

In a high-volume, low margin business like shipping, even a 5 percent cost disadvantage can dent the competiveness of domestic shipping bus...

"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...

Irrespective of the existence of the law intended to check and prohibit entry of ships of dubious nature into Indian territorial waters, sh...

Undercurrents notwithstanding, the domestic players are busy working towards retaining current position as world's top ship-breaking nation.

Indian shipbreaking activities , though, have registered an encouraging performance during the first six months of the calendar year, India...

While the shipbuilding sector is surviving, it is also keeping its hopes for government support to help it grow vigorously.

They say the recent court order violates its earlier ruling against such ships.