Container support scheme will lead to capacity equal to 10% of global demand
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.
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
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
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.
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
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
The creation of a Maritime Development Fund can provide the much-needed long-term, low-cost capital, which shipyards and shipping companies require
Under the brownfield expansion programme of the scheme, existing shipyards can avail assistance of 25 per cent of the capital expenditure undertaken
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
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 and Brazil are among countries facing the steepest tariffs imposed by the US
With nearly ₹70,000 cr in incentives, India eyes a bigger slice of the $150 bn global shipbuilding market
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
The public company is betting big on India's second attempt to claim a larger share of global shipbuilding
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
Artificial intelligence (AI) is another game-changer, used to optimise ship design, predict maintenance needs, and streamline production schedules
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
Straddling major global shipping lanes in the Indian Ocean, India can serve as a hub for trade, logistics, and vessel maintenance
Queries sent to the ministry of ports shipping and waterways remained unanswered at the time of going to press