PM Modi to take part at India Maritime Week in Mumbai: Union minister Sarbananda Sonowal

Union Minister Sarbananda Sonowal announced Prime Minister Modi’s attendance at India Maritime Week in Mumbai, highlighting India’s growing maritime influence. Two luxury cruise ships are being built for the Brahmaputra River, enhancing Assam’s tourism. Investments in Northeast waterways infrastructure and initiatives like the Cruise Bharat Mission are set to unlock the region’s maritime potential and […]

Syama Prasad Mookerjee Port, Kolkata, demonstrated substantial growth in cargo management during the initial five months of fiscal year 2025. The port handled 28.236 million metric tonnes, marking a 16.02% increase compared to the previous year. Both the Haldia Dock Complex and Kolkata Dock System experienced significant growth, contributing to the port’s overall success.

Mitsui OSK Lines (MOL) is in discussions with the Indian government to construct ships in India, aiming to contribute to the nation’s maritime expansion. MOL (India) has already re-registered 13 ships in India and plans to order medium-range ship tankers from Cochin Shipyard.

DTDC Express anticipates its e-commerce segment to constitute approximately 50% of its total business, driven by the increasing demand for rapid commerce. The company plans to establish 125 dark stores within the next three quarters to meet customer expectations for faster deliveries. DTDC is also investing heavily in technology and innovation to support its growth […]

The MoU was signed by the varsity Registrar Dr Arun A U, the release said. For the management and implementation of CSR funding, the Vice Chancellor nominated Dr Satheesh Babu P K, Associate Professor, Department of Ship Technology, as coordinator, and Assistant Professors Dr Manoj T Issac and Dr Rajesh P Nair as assistant coordinators.

A new report indicates that India’s container volume growth is expected to slow down due to US tariffs on key export sectors like home textiles and gems. While overall growth is projected at 8%, reaching 380 million metric tonnes, this is a moderation. Rising insurance and shipping costs, coupled with geopolitical tensions, are also impacting […]

India is poised to allow large ships as loan collateral, aiming to ease financing for its maritime industry. This move, coupled with the proposed Maritime Development Fund of ₹25,000 crore and Shipbuilding Financial Assistance Policy 2.0, seeks to boost Indian flagged ships’ global cargo share to 20% by 2047 and attract significant investment in the […]

Syama Prasad Mookerjee Port-Kolkata is collaborating with IIT-Kharagpur to revitalize the Hooghly riverbanks and ghats, aiming to boost tourism. A master plan is underway to establish a river cruise terminal, similar to those in Varanasi and Assam.

India prepares a massive maritime investment plan. The $1 trillion roadmap aims to transform ports, shipping, and logistics. Sarbananda Sonowal highlights opportunities for joint ventures. Focus areas include cargo terminals, shipbuilding, and green hydrogen hubs. India Maritime Week 2025 discussions emphasize shipbuilding capacity and green shipping. The nation aims to boost its blue economy.

Garden Reach Shipbuilders and Engineers Limited shows strong prospects. The company is pursuing shipbuilding orders. GRSE delivered its 110th warship to the Navy. It is the lowest bidder for Navy’s New Generation Corvette program. The company is strengthening its ship repair business. GRSE created a Commercial Shipbuilding Division. Revenue from operations rose 41 per cent.