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
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Sep 10, 2026
INFRASTRUCTURE
India Targets 700 MTPA Port Capacity Addition By 2030; Private Role Eyed
India is stepping up investments in ports, inland waterways and shipbuilding, with the Ministry of Ports, Shipping and Waterways (MoPSW) targeting more than 700 million tonnes per annum (MTPA) of additional port capacity by 2030 as part of its long-term strategy to strengthen the country’s maritime infrastructure and global trade competitiveness. The ambitious expansion programme […]
CW Bureau
·
Jul 31, 2026
INFRASTRUCTURE
Kamarajar Port Turns Second Major Port With 18-Metre Draft Upgrade
Kamarajar Port Ltd (KPL) has completed its capital dredging phase VI project, enabling the port to handle fully laden capesize vessels with an operational draft of 18 metres. The milestone makes Kamarajar Port the second major port in India, after Visakhapatnam Port, to offer an 18-metre draft, significantly enhancing its bulk cargo handling capabilities and […]
CW Bureau
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Jul 8, 2026
ECONOMY
India Becomes Top Ship Recycling Nation, Achieves 2030 Target Early
India has emerged as the world’s leading ship recycling nation in 2025, achieving a key target under Maritime India Vision (MIV) 2030 well ahead of schedule. According to the latest report by the United Nations Conference on Trade and Development (UNCTAD), India’s share of global ship recycling increased to 35.4% in 2025 from 30.1% in […]
CW Bureau
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Jun 23, 2026
INFRASTRUCTURE
Global Shipbuilding Giant HD KSOE Partners India For Thoothukudi Yard
India took a major step towards strengthening its global maritime ambitions with the signing of a landmark tripartite Memorandum of Understanding (MoU) for the development of the country’s first mega greenfield shipyard at Thoothukudi in Tamil Nadu. The agreement was signed between HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE), National Shipbuilding & […]
CW Bureau
·
May 13, 2026
INFRASTRUCTURE
India Charts Shipping Fleet Expansion Plan Amid Global Trade Turbulence
In a decisive move to strengthen maritime resilience, the government is working on a significant expansion plan aimed at boosting India’s shipping strength. The roadmap includes the addition of 62 vessels in FY27, backed by an investment of ₹51,383 crore, which is expected to create an additional capacity of 2.85 million gross tonnage (GT). The […]
CW Bureau
·
Apr 29, 2026
