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SHIPBUILDING PRACTICES
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...
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...
India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda SonowalIndia is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significa...
Scientists Studied an Ancient Roman Shipwreck and Found a 2,200-Year-Old Portal to the PastA Roman shipwreck, Ilovik-Parzine 1, discovered off Croatia, has revealed ancient waterproofing techniques through a new study. Analysis of...
India steadily positioning itself as competitive maritime nation: Shipping secretaryIndia is strengthening its position as a maritime power. Policy changes, infrastructure growth, and private sector engagement are driving t...
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...
Seoul to Delhi, Asia’s new economic axisSouth Korean President Lee Jae-myung's visit to India is a crucial moment. The two nations can build a strong strategic economic partnershi...
Seoul to Delhi, Asia’s new economic axisSouth Korean President Lee Jae-myung's visit to India arrives at a critical juncture for global economic stability. The two Asian powers ar...
US Navy starts Hormuz blockade: This 9,000-tonne destroyer with Tomahawk has been deployed to stop the sea traffic, check featuresArleigh Burke-class destroyers, the backbone of the US Navy, are highly versatile warships central to maritime deployments. With advanced A...
India targets 5% share in global shipbuilding market by 2030: MinisterUnion Minister Shantanu Thakur announced India's ambitious goal to capture 5% of the global shipbuilding market by 2030, supported by publi...
China shipbuilders rip Trump's 'short-sighted' US port feesChina's shipbuilders have strongly criticized the U.S. port fees imposed on China-linked ships, denouncing them as short-sighted and protec...
India can gain from impending US tariffs on China-made ships, says Safesea's founder SV AnchanSafesea's founder SV Anchan believes India's potential in the shipbuilding industry can be significantly enhanced by the US's possible tari...
Trump plans executive order to strengthen US shipbuilding, blunt China dominationThe U.S. plans to impose fees on imports from Chinese ships and provide tax incentives to strengthen domestic shipbuilding. This initiative...
Trump gets new tool to fight China with findings on shipbuildingA US government investigation finds that Chinese subsidies give the nation’s shipbuilding industry unfair advantages, harming American comp...
Defence industry world over facing capacity crunch, India must step up to fulfil needs: Defence SecretaryDefence Secretary Giridhar Aramane highlighted the global demand for defence utilities amidst geopolitical conflicts, urging Indian shipbui...
Government issues guidelines for award of shipbuilding tendersIt said the government has issued guidelines for evaluating and awarding tenders for shipbuilding, dry-docking and ship repair works for go...
Bharati Shipyard posts net loss of Rs 132.98 croreBharati Shipyard posted net loss to the tune of Rs 132.98 crore as against a net profit of Rs 1.6 crore in the October-December quarter.
- ABG Shipyard's net profit falls 60%, revenue also down
ABG Shipyard on Wednesday said that the company's net profit during the October-December quarter fell by 60% to Rs 18.62 crore as against R...
- ABG shipyard net profit falls 4% in FY12, sales up 17.7%
ABG Shipyard reported 4% year-on-year fall in net profit in fiscal 2011-12. In the year ended March, the co. reported net profit of Rs 180....
- Strategic shipyards to get a facelift
To begin with, the defence department has appointed Mazagaon Dock as the co-ordinating agency that will appoint a consultant for laying out...