India

Singapore And Japan Have Signed An Agreement To Build The World’s First Green And Digital Shipping Corridor

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Singapore and Japan have inked an agreement to establish the world’s first Green and Digital Shipping Corridor (GDSC). On December 16, 2023, the Singaporean Ministry of Transport and the Japanese Ministry of Land, Infrastructure, Transport, and Tourism inked an agreement to develop best practices and standards for decarbonising and digitising the maritime sector. The Singapore-Japan GDSC …

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Indian Register Of Shipping Classed ‘INS Sandhayak’ Delivered By GRSE To Indian Navy

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Garden Reach Shipbuilders and Engineers (GRSE) Ltd., a major Public Sector Undertaking under the Ministry of Defence, presented “INS Sandhayak” to the Indian Navy on December 4, 2023. The vessel was built under the Indian Register of Shipping classification and is the ‘first of class’ of a series of four such vessels being built by …

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Maritime Investments Worth Rs. 8,347 Crore in Mangalore

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Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to invest 5,000 crore in port infrastructure and 1,500 crore in its own desalination plant, with a focus on port-led industrialisation. Hindustan Petroleum Corporation Ltd has invested 800 crore, and Indian Oil Corporation Ltd has invested 500 crore. Sealord Containers Ltd would invest Rs 500 crore to build …

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