India
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Shipbuilding
India Unveils Ambitious Scheme for Construction Equipment
In a significant move to bolster domestic manufacturing, Finance Minister Nirmala Sitharaman announced a new scheme aimed at enhancing the…
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Decarbonization
Mitsui O.S.K. Lines Partners with ONGC for Ethane Transport
Mitsui O.S.K. Lines, Ltd. has announced the formation of two joint ventures with India’s Oil and Natural Gas Corporation Limited…
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Shipbuilding
HD Hyundai and India Strengthen Shipbuilding Ties
HD Hyundai’s Chairman, Chung Ki-sun, recently met with Indian Prime Minister Narendra Modi to discuss enhancing collaboration in the shipbuilding…
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Shipbuilding
K Line Partners with Gail and J M Baxi for LNG Carrier Ownership
Japan’s Kawasaki Kisen Kaisha (K Line) has announced a significant partnership with Gail, India’s largest state-owned natural gas company, and…
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Shipbuilding
Asean’s Strategic Position in Global Supply Chains
A recent analysis highlights a pivotal moment for the Association of Southeast Asian Nations (Asean) as it navigates its role…
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Shipbuilding
Venezuela’s Oil Market Faces Turbulence Following Maduro’s Arrest
The recent arrest of former Venezuelan leader Nicolás Maduro has sent shockwaves through the global tanker markets. U.S. President Donald…
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Shipbuilding
Andhra Pradesh Greenlights Major Port and Shipbuilding Project
The Andhra Pradesh government has taken a significant step towards enhancing its maritime capabilities by approving the establishment of a…
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Shipbuilding
HD Hyundai Launches New Construction Equipment Company
HD Hyundai has officially launched HD Construction Equipment, a newly formed entity resulting from the merger of HD Hyundai Construction…
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Shipbuilding
India Offers 15-25% Shipbuilding Subsidies to Boost Industry
The Indian government has announced a significant support policy worth 7 trillion Korean won (approximately 430 billion rupees) aimed at…
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Shipbuilding
India Invests $5.4 Billion to Boost Shipbuilding Industry, Challenging Global Competitors
India has launched a significant initiative to enhance its shipbuilding capabilities with a $5.4 billion subsidy package aimed at elevating…
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