During these five months, Korean shipbuilders reported a total of 3.81 million compensated gross tonnage, representing 24 per cent of the global market, second only to China, which led with 7.86 million CGT, or 49 per cent.
New Delhi [India], June 6: Amidst a challenging funding climate for startups, iKargos.com, a largely bootstrapped digital logistics platform, has achieved a significant milestone, doubling its revenue from ₹50 crore last fiscal to ₹100 crore this year. Founded in 2020 by Rekha
India is working to become a credible and competitive alternative destination in the global maritime sector and has committed USD 20 billion for infrastructure development focused on enhancing multimodal logistics, port connectivity, and trade facilitation, said Sarbananda Sonowal, the Union
At the session, the Union Minister highlighted India's growing maritime capabilities, including a favourable policy-induced investment environment, proven shipbuilding strength, circular economy efforts, and innovative financing plans to accelerate sectoral growth.
The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business.
India now ranks 3rd in building general dry cargo vessels for the European short sea trade, Union Minister for Ports and Shipping Sarbananda Sonowal announced on Thursday, quoting private data.
The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business.
In an attempt to enhance application of 'Green Maritime Technologies,' Sonowal held a meeting with Transport Minister Jon-Ivar Nygard. Highlighting India's renewed push to modernise its maritime sector with a green and sustainable focus, the Union Minister underscored the country's initia
Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, joined His Royal Highness (HRH) The Crown Prince of Norway, Haakon, in Oslo, on Tuesday to jointly inaugurate the India Pavilion at Nor-Shipping, a premium global maritime event.
Faridabad [India], June 3: In a strategic move aimed at bolstering India's infrastructure backbone, PHE Industries Pvt. Ltd. has announced a powerful expansion of its 'Recon Series' reconditioned hydraulic pumps and motors built specifically for Horizontal Directional Drilling (HDD) machines
Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, also attended the MoU signing ceremony between the two companies. The MoU was signed on the sidelines of Norshipping 2025, a maritime trade fair on June 2 in Oslo, Norway.
Gujarat [India], June 3: Accuracy Shipping Limited (NSE: ACCURACY), a fast-growing player in the integrated logistics space, today announced its audited consolidated financial results for Q4 FY25 and FY25 for the financial year that ended March 31, 2025 (FY25). The Kutch based company has de