New Delhi, 18 February 2026: India’s maritime reforms have yielded a landmark outcome with the signing of a shipbuilding contract between global shipping major CMA CGM and Cochin Shipyard Limited (CSL). The agreement covers the construction of six 1,700 TEU feeder container vessels powered by liquefied natural gas (LNG), underscoring…
Tag: #IndianShipyards
News
Govt Notifies ₹44,700 Cr Shipbuilding Schemes to Boost Capacity
In a major boost to India’s maritime ambitions, the Ministry of Ports, Shipping and Waterways (MoPSW) has notified operational guidelines for two flagship initiatives aimed at revitalising the domestic shipbuilding ecosystem. With a combined financial outlay of ₹44,700 crore, the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme…