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shipping ministry

Government and Policy

Daily briefing on West Asia crisis: Govt assures energy supplies stable, fertilisers adequate, and maritime operations unaffected 

OpIndia Staff -
The briefing began with a statement from Aparna Sharma, Additional Secretary in the Department of Fertilisers, who reassured that fertiliser availability across the country remains stable and well above requirement levels.
Editor's picks

SCI, CONCOR and Sagarmala Finance Corp to partner with major ports to develop Bharat Container Line, a major step to make India Aatmanirbhar in...

OpIndia Staff -
India pays Rs 6 lakh crores annually (or $75 billion) to foreign shipping companies every year as freight charges, an amount that is equivalent to our defence budget, as per reports. 
OpIndia Explains

Modi govt’s mega shipbuilding push: Guidelines notified for two schemes worth Rs 44,700 crore. Here’s all you need to know

Shraddha Pandey -
The newly launched SBFAS and SbDS initiatives are the latest in a string of policy initiatives the Modi government has launched in recent years to revive and bolster domestic shipbuilding under the Make in India initiative and a vision for ‘Atmanirbhar Bharat’.
Economy and Finance

India Maritime Week 2025: World’s largest maritime gathering begins on Monday in Mumbai, Adani Ports to sign several MoUs with multiple Port Authorities

OpIndia Staff -
The Ministry of Ports, Shipping and Waterways (MoPSW) is gearing up to host India Maritime Week 2025 (IMW 2025) from October 27 to 31...
News Reports

India to build 8 mega shipbuilding clusters, Modi govt’s ₹25000 crore maritime push taking shape along coastlines

Balendu Singh Angad -
In a monumental stride toward becoming a global maritime leader, the Modi government has unveiled plans to develop eight mega shipbuilding and repair clusters along India’s coastlines.
News Reports

Modi govt unveils plans to become Atmanirbhar in oil shipping: 112 made-in-India oil tankers to be purchased for $10 billion

Shraddha Pandey -
In a major boost to the 'Make in India' initiative, India is likely to invest $10 billion ($850 million) by 2040 to purchase around 112 crude oil tankers to be made in India
News Reports

Rs 25,000 crore Maritime Development Fund, ‘infrastructure’ status for large ships: Modi govt plans big on shipbuilding

Shraddha Pandey -
In the budget 2025-26, Union Finance Minister Nirmala Sitharaman announced that ships of specified size would be inducted in the harmonised master list of infrastructure making them eligible for financial incentives. This will attract private investment in the shipbuilding industry and enhance fleet modernisation.
Government and Policy

India to collaborate with South Korea to expand shipbuilding capacity? How Centre is seeking to unlock India’s maritime development potential

Shraddha Pandey -
India’s collaboration with South Korea can prove to be a game-changer for the country, particularly to enhance skill level and modernising the outdated technology in Indian shipyards.
News Reports

Vadhavan Port: PM Modi to lay foundation stone for India’s largest deep water port; read the significance, details of the over ₹76,000 crore project

OpIndia Staff -
The strategic location of the port is advantageous due to its accessibility to most of India's cargo destination locations.
News Reports

Govt to set up Bureau of Port Security to upgrade the security of all ports in the country: Union Minister Sarbananda Sonowal

ANI -
The Central Government will soon put together the Bureau of Port Security towards upgrading security across all ports in the country
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