India
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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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News
Alang Shipyard Sees Surge in Ships for Recycling
In 2025, Gujarat’s Alang ship-breaking yard experienced a 21% increase in end-of-life ships arriving for recycling compared to the previous…
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Shipbuilding
India Unveils Ambitious Shipbuilding Financial Assistance Scheme
MUMBAI: The Ministry of Ports, Shipping and Waterways has announced new guidelines for a comprehensive shipbuilding financial assistance scheme, part…
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Shipbuilding
India Unveils Comprehensive Shipbuilding Financial Assistance Scheme
MUMBAI: The Ministry of Ports, Shipping and Waterways has announced new guidelines for a shipbuilding financial assistance scheme, part of…
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Shipbuilding
India Launches Major Shipbuilding Initiatives
New Delhi: The Ministry of Ports, Shipping and Waterways (MoPSW) has unveiled two significant shipbuilding initiatives, collectively valued at over…
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Shipbuilding
India Launches Major Shipbuilding Initiatives with Over ₹44,700 Crore Investment
The Government of India has unveiled comprehensive guidelines for two significant shipbuilding initiatives, collectively valued at over ₹44,700 crore. The…
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