Shipbuilding

Cochin Shipyard signs deal to build LNG vessel for French shipping giant

The Cochin Shipyard Limited (CSL) has signed a major contract with French shipping major CMA CGM for the construction of LNG dual-fuel vessels, in a move expected to boost India's global shipbuilding footprint and align with the green maritime transition, officials said on Thursday. In a statement, CSL said it signed a landmark Shipbuilding Contract (SBC) with CMA CGM at New Delhi on Wednesday for the construction of six 1,700 TEU LNG dual-fuel feeder container vessels. The contract was signed by CSL Chairman and Managing Director Jose V J and Rodolphe Saade, Chairman and CEO of CMA CGM. The ceremony was attended by Shantanu Thakur, Minister of State for Ports, Shipping and Waterways, and Vijay Kumar, Secretary, Ministry of Ports, Shipping and Waterways, along with senior officials from the Ministry, representatives of both organisations, and members of the maritime industry, the statement said. "The collaboration reflects strong global confidence in CSL's technical excellence, ...

Container scheme to attract ₹1 trillion investments, says Sonowal

Container support scheme will lead to capacity equal to 10% of global demand

GRSE shares zoom 11% in 2 days after strong Q3; brokerages split on outlook

GRSE share price today: GRSE shares advanced following a strong Q3FY26 performance. Total income rose 46 per cent year-on-year (Y-o-Y) to ₹1,958 crore in Q3FY26 from ₹1,343 crore in Q3FY25.

Proposed 'Trump-class' warship may be among costliest military vessels

The guided-missile battleship would be twice as large as any cruiser or destroyer the Navy has built since World War II, but about one-third the size of the Gerald R Ford aircraft carrier

Donald Trump unveils warship named after himself in shipbuilding push

The new ships are part of Trump's "Golden Fleet" bid to revive US shipbuilding and address shortfalls in smaller vessels as it seeks to compete against China

Why did Seamec share price zoom 7% on December 11? Find all details here

At 12:15 PM, Seamec share price was trading 2.98 per cent higher at ₹1,043.70 per share. By comparison, BSE Sensex was trading 0.44 per cent higher at 84,762.60 levels.

Arctic-class shipbuilding talks set to advance during Putin's India visit

India and Russia are looking at a plan to jointly build Arctic-class ships, with the proposal expected to move forward during President Vladimir Putin's visit to New Delhi from December 4-5

Ports, shipbuilding, and logistics: APM-Maersk charts bold India plan

Maersk eyes India's maritime boom with $2 billion plan for ports, shipbuilding, and logistics as global supply chains shift and India positions itself as a shipping and manufacturing hub

New maritime policy can revive India's shipbuilding, boost employment

The creation of a Maritime Development Fund can provide the much-needed long-term, low-cost capital, which shipyards and shipping companies require

Swan eyes ₹875 crore govt aid for Pipavav Shipyard expansion

Under the brownfield expansion programme of the scheme, existing shipyards can avail assistance of 25 per cent of the capital expenditure undertaken

India's maritime sector to create 15 mn jobs by 2047: Hardeep Singh Puri

The maritime sector is expected to attract Rs 8 trillion in investment and create around 1.5 crore jobs by 2047, said Hardeep Singh Puri, Minister of Petroleum and Natural Gas

India is betting big on shipbuilding to anchor its maritime power push

Once a neglected sector, India's maritime industry is now at the heart of a Rs 70,000 crore plan to build ships, create jobs, and position the country among the world's top shipbuilders by 2047

India's tryst with shipbuilding: Govt rolls out ₹70,000 crore revival plan

India and Brazil are among countries facing the steepest tariffs imposed by the US

India's ₹70,000 cr bet on shipbuilding: Can it match China and Korea?

With nearly ₹70,000 cr in incentives, India eyes a bigger slice of the $150 bn global shipbuilding market

Beijing sanctions Korean shipbuilder giant as US-China tensions escalate

China's commerce ministry accused Hanwha Ocean's US units of violating its anti-foreign sanctions law and warned of further countermeasures against countries backing discriminatory restrictions

Shipbuilding dreams: Subsidies to help but shipyards must be competitive

Almost 90% of global cargo moves through the oceans with China, South Korea and Japan dominating the ship building industry aided by considerable support from their governments

Smart tech brings sea change in shipbuilding as revival gathers pace

Artificial intelligence (AI) is another game-changer, used to optimise ship design, predict maintenance needs, and streamline production schedules

Cos keen to invest ₹15K cr in greenfield shipbuilding clusters: Sonowal

Several existing Indian shipyards on both the east and west coasts have come forward to seek assistance under the brownfield capacity expansion program, says Sonowal

Maritime ambitions: New policy can increase capacity substantially

Straddling major global shipping lanes in the Indian Ocean, India can serve as a hub for trade, logistics, and vessel maintenance