The Liberia-flagged VLCC Fujairah Energy was hit by a projectile in the Persian Gulf on 10 November while sailing from Al Ruwais to Dubai in the UAE. Four crew were injured, including one of six Indian seafarers on board, Union Minister Sarbananda Sonowal said. The other 18 crew are safe.
India will hold the India Shipbuilding Investment Conclave 2026 in New Delhi on 16–17 November. Organised under the Ministry of Ports, Shipping and Waterways, it will present five shipbuilding clusters in coastal states to global shipyards and investors as India aims to become a top-five shipbuilding nation.
India aims to double the share of coastal shipping and inland waterways in its freight movement from about 6% to 12% by 2047. Shipping Minister Sarbananda Sonowal set out the target in Puri, Odisha, where a Rs 1,500 crore international cruise terminal and the National Waterway-5 project were also highlighted.
The Marshall Islands-flagged LNG carrier Al Mayeda was struck by a projectile in the Persian Gulf on 30 October. India’s Shipping Minister Sarbananda Sonowal confirmed that all 25 crew, including six Indian seafarers, are safe, and that India is in touch with the ship’s managers.
India’s Union Cabinet in New Delhi has approved the Rs 10,000 crore Container Manufacturing Promotion Scheme. Running to FY 2039-40, it aims to lift yearly box-making capacity from about 70,000 TEU to 7.5 lakh TEU, raise local content to 90% and create over 50,000 jobs.
Sonowal makes strong pitch for ‘India Growth Story’ at Global Investor Summit in Andhra Pradesh 05 Mar 2023Union Minister Sarbananda Sonowal made a strong pitch for the India Growth Story at the Andhra Pradesh Global Investor Summit in Visakhapatnam on Saturday. Delivering the keynote address at the valedictory session of the Global Investor Summit, the…
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |