A Chinese freighter suspected of cutting an undersea cable connecting Taiwan's main island to Penghu County is believed to be owned by a Chinese state-run company.
Bombay Chamber (Mumbai) [India], February 28: Shipbuilding offers tremendous opportunities in India and it's an area that private sector shipyards need to focus on. "There is very good business potential in ship-building and the Indian government is also looking at ways to improve the entire
According to an official release from the Ministry of Ports, Shipping and Waterways, these initiatives were launched during a stakeholder meeting in Mumbai on Thursday to discuss various possibilities from the major announcements made in the Union Budget for the maritime sector.
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal will chair a high-level industry consultation in Mumbai on Thursday. The event will bring together industry leaders, government officials, and stakeholders to discuss key maritime sector announcements from Union Budget 202
The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal announced an investment of more than Rs 4,800 crore to transform the inland waterways sector of Assam at the Advantage Assam 2.0 in Guwahati, on Wednesday.
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal on Wednesday announced an investment of more than Rs 4,800 crore to transform the inland waterways sector of the state at the Advantage Assam 2.0 in Guwahati.
Serving as the Chief Guest, Goyal emphasised that these sectors are the lifelines of India's economy, facilitating trade and connecting global opportunities with the country.
India's ports sector is poised for significant growth between Financial Year (FY) 2023 and FY2028, as the country's ports are projected to add 500-550 MTPA (Maximum Torque Per Ampere) of capacity annually, according to a report by Motilal Oswal Financial Services.
TK Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), welcomed International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez at the Ministry as part of his ongoing visit to India.
Among Nifty 50 companies, only 13 stocks advanced, while 37 declined. The top gainers included Hindalco, Tata Steel, Eicher Motors, Larsen & Toubro (LT), and SBI Life, whereas Mahindra & Mahindra (M&M), Adani Ports, BPCL, Tata Motors, and Adani Enterprises emerged as the biggest
The company has outlined its plans for a high capital expenditure (Capex) phase, akin to its growth period between FY20 and FY22, as it continues to expand its infrastructure footprint across various sectors.
India is elected to the Vice Presidency of the International Organization of Aids to Marine Navigation (IALA) in Singapore, the Ministry of Ports, Shipping and Waterways said in a release on Wednesday.