Tag: maritime industry
GENERAL India Eyes Global Hub Status In Ship Ownership, Maritime Finance

India is charting a course to become a global hub for ship ownership, leasing and maritime finance, with GIFT City emerging as a key centre for developing a comprehensive maritime value-chain ecosystem, Union Shipping Minister Sarbananda Sonowal said. Addressing the India Ship Leasing and Financing Summit in Gandhinagar, he said the initiative marked a significant […]

CW Bureau · Sep 10, 2026
INFRASTRUCTURE India Emerges As Top Ship Recycling Nation, Captures 35% Global Share

India has emerged as the world’s leading ship recycling nation, with its share of the global market rising to 35.4% in 2025 from 30.1% a year earlier, as recycling volumes surged nearly 60% to 2.99 million Gross Tonnes (GT). According to the latest report of the United Nations Conference on Trade and Development (UNCTAD), India’s […]

CW Bureau · Aug 12, 2026