Shipping Industry

Panch Karma Sankalp

May 23, 2023

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 and digitization of ports. These announcements were made during the ministry’s second ..

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Shipbuilding Financial Assistance (SBFA)

May 19, 2023

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 offshore wind energy projects and undersea cable laying, with the objective of ..

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Shipping Ministry Marine Logistics Portal

January 28, 2023

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 industry, the ministry recently launched the Marine Logistics Portal. The portal will ..

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National Centre of Excellence for Green Port & Shipping

November 21, 2022

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 of Excellence for Green Port & Shipping (NCoEGPS) is a major initiative ..

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Lower Water Levels in Rhine River

August 18, 2022

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 critical European shipping route when fully loaded. Rhine River is an important ..

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Cabinet approves Rs1,624-cr subsidy for Shipping Companies

July 16, 2021

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 for this scheme were floated by ministries and central public sector enterprises ..

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