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SHIPPING AND SHIPBUILDING INDUSTRIES
PM Modi to commission three indigenously built naval ships in KolkataThe three indigenously built frontline platforms -- Dunagiri, Sanshodhak, and Agray -- will be commissioned by the prime minister at Syama ...
Rappid Valves secures Rs 29.86 crore strategic defence & naval ordersRappid Valves (India), a precision-engineered industrial and marine valve manufacturer, has secured strategic orders aggregating INR 29.86 ...
Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
Sonowal unveils roadmap for maritime reforms, digital governance under Viksit Bharat 2047Union Minister Sarbananda Sonowal is driving India's maritime sector forward. A comprehensive reform roadmap aims to boost ease of doing bu...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
International ties purposefully structured to serve India's youth: PM ModiPrime Minister Narendra Modi emphasized India's international partnerships are designed to benefit its youth and technological progress. Gl...
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...
PM Modi courts Norwegian investment in shipping, green transitionAt an international business summit, Prime Minister Narendra Modi welcomed Norwegian enterprises to seize investment opportunities in India...
Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
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...
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...
Trump extends Jones Act waiver by 90 days to ease fuel supply and curb energy costsTo combat escalating energy expenses in the face of international turmoil, President Trump has put forth a 90-day extension of a critical s...
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...
India-South Korea shipbuilding collaboration to receive mega boost from Presidential visit next weekSouth Korean President Lee Jae Myung visits India from April 19-21. The visit prioritizes shipbuilding, especially LNG tankers, under the '...
Support from govt, industries vital for Indian shilpbuilders: CEO of Japanese co MOLIndian industries should collaborate to strengthen the local shipping and shipbuilding sectors, says Takeshi Hashimoto, CEO of Japan's MOL....