Topic: Shipping Industry
Panch Karma Sankalp
In a significant development towards sustainable maritime practices, Sarbananda Sonowal, the Union Minister of Ports, Shipping & Waterways and Ayush, made five major announcements focusing on green shipping...
Shipbuilding Financial Assistance (SBFA)
India has taken a significant step towards promoting its maritime sector by revamping the ship building subsidy scheme. The scheme aims to provide subsidies for vessels used in...
Shipping Ministry Marine Logistics Portal
The Government of India launched the PM Gati Shakti National Master Plan to increase the execution time of infrastructure projects in India. To achieve this in the shipping... National Centre of Excellence for Green Port & Shipping
India’s first National Centre of Excellence for Green Port & Shipping (NCoEGPS) was announced by the Union Minister of Ports, Shipping and Waterways. What is NCoEGPS? National Centre...
Lower Water Levels in Rhine River
Amid the unusual hot and dry weather, water levels in the Rhine River have lowered down. Low water level is making it difficult for vessels to navigate through... Cabinet approves Rs1,624-cr subsidy for Shipping Companies
Union Cabinet has approved a scheme to provide Rs 1,624 crore as subsidy to Indian shipping companies. Highlights Subsidy will be provided for over five years. Global tenders...
1 trillion USD required to achieve UN’s Decarbonization Target of Shipping Industry
The United Nations had set the target of reducing carbon emissions from shipping industry by 50% by 2050 as compared to the levels in 2008. A study of...
Cabinet approves Recycling of Ships bill, 2019
The Union Cabinet on 20th November, 2019 approved the proposal for enactment of Recycling of Ships bill, 2019. It also nodded to the Hong Kong International Convention for...
India launches world’s first facial biometric data-based ID for seafarers
Union Ministry of Shipping has launched Biometric Seafarer Identity Document (BSID) to ne issued for Indian seafarers. With this, India became world’s first country to launch facial biometric...
September 28: World Maritime Day
The World Maritime Day (WMD) is observed every year on September 28 to highlight importance of shipping safety, maritime security and marine environment and to acknowledge maritime industry....
