1. Home
  2. Tag "MoPSW"

India signs landmark MoU for first mega greenfield shipyard in Thoothukudi under Maritime Vision 2047

New Delhi: India’s maritime sector received a major boost with the signing of a landmark tripartite Memorandum of Understanding (MoU) for the development of the country’s first mega greenfield shipyard at Thoothukudi in Tamil Nadu. The agreement was signed on April 20, between HD Korea Shipbuilding & Offshore Engineering (HD KSOE), National Shipbuilding & Heavy […]

Narendra Modi Govt Rolls Out Maritime Insurance Pool with ₹12,980 Crores Sovereign Guarantee

New Delhi: In a major policy intervention by the Narendra Modi Government, the Union Cabinet has approved the creation of a domestic maritime insurance pool with a sovereign guarantee of Rs 12,980 crore. This is aimed at insulating India’s maritime trade from global volatility. The move is expected to significantly reduce dependence on foreign underwriters […]
Join our WhatsApp Channel

And stay informed with the latest news and updates.

Join Now
revoi whats app qr code