Hindustan Shipyard Ltd (HSL) plans a new shipyard in Andhra Pradesh to enhance India’s shipbuilding capacity. This initiative aims to reduce foreign reliance and bolster local manufacturing. The project will create jobs, strengthen supply chains, and support India’s strategic shipbuilding goals, positioning the state as a maritime industry hub.
India is accelerating plans to establish its own Protection and Indemnity (P&I) insurance entity amid soaring marine insurance costs due to recent crises in West Asia. Rajesh Kumar Sinha announced ongoing discussions with the Department of Financial Services, highlighting the aim to create a domestic solution for maritime liability coverage.
Cordelia Cruises is set to launch thrilling domestic and international itineraries from Chennai this summer, featuring inaugural 10-night Southeast Asia cruises. Travelers can explore Singapore, Phuket, and more. Also on offer are 5-night cruises to Sri Lanka, along with captivating domestic routes, ensuring a memorable experience for families and first-time cruisers.
India is set to inaugurate its first domestic coastal green shipping corridor, connecting Kandla with Thoothukudi. This initiative aims to decarbonize maritime logistics and is expected to be operational within six months. Ports will promote green fuels, including methanol, to power retrofitted vessels, advancing sustainable maritime practices.
