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...

May 23, 2023 India Nation & States Current Affairs

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...

May 19, 2023 Government Schemes Current Affairs

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...

January 28, 2023 Economy & Banking Current Affairs

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...

November 21, 2022 Environment & Biodiversity Current Affairs

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...

August 18, 2022 International / World Current Affairs

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...

July 16, 2021

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...

January 20, 2020

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...

November 21, 2019

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...

August 29, 2019

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....

September 29, 2017

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Topic: Shipping Industry