Monday, May 19, 2025

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shipping ministry

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

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.

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

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South Korea can prove to be a game-changer for the country, particularly to enhance skill level and modernising the outdated technology in Indian shipyards.

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

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

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

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

PM Modi to launch Ganga Vilas luxury ship from Varanasi to Dibrugarh on Friday, world’s longest river cruise to carry Swiss and German tourists

'Ganga Vilas' was scheduled to start its services in 2020. However, the plans were derailed due to the Coronavirus pandemic.

UNGA outcome: Erdogan’s anti-India stand may cost Turkish company a 2.3 billion USD deal with Indian Navy

Turkey President Recep Tayyip Erdogan had broached the issue of Jammu and Kashmir at the United Nations General Assembly recently, taking an anti-India stand.

Modi ministers in five years – Road Transport and Shipping minister Nitin Gadkari

A look at the achievements of ministries under Nitin Gadkari

PepsiCo to move 16 containers along National Waterways-1 from Kolkata to Varanasi on inland vessel

The Union government has officially notified 111 waterways in the country for the development of Inland water transportation as per The National Waterways Act, 2016.

India-Bangladesh water transit project: Bangladesh approves dredging of Jamuna river

India is funding 80% of the project, which will enable cargo movement on the waterway connecting Northeast with rest of India

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