Indian government plans to provide incentives for promoting cargo movement by inland waters
Foreign direct investment begins to flow into the Indian shipping sector commencing with American Eagle Tankers’ flagging in their first vessel under the Indian registry. This comes almost a decade after the government having permitted 100% FDI in shipping
Companies diversifying into dredging in order to grab a share of the growing pie
Indian shipping companies feel the heat as more and more Indian marine officer, who are in short supply continue to migrate to foreign ships where they are not burdened with taxes.
First foreign vessel of American Eagle Tankers’ could enter the Indian coastal trade shortly
A new MoD contract has helped the shipbuilding industry on the River Clyde stay afloat