Union Finance Minister P Chidambaram received a request from the Gujarat government to reduce custom duty on import of ships being brought for breaking from 5 per cent to zero. Gujarat Finance Minister Nitinbhai Patel put this request at the pre-budget meeting convened by Chid
Tag: Shipbuilding
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Ministry proposes steps to revive shipbuilding sector
In order revive growth in the sagging shipbuilding sector, union shipping ministry has proposed a 15 per cent subsidy for domestic shipbuilders on the cost of ocean-going vessels. Nearly six years after the subsidy scheme was discontinued, the ministry is trying to revive it for private shipbuilders in
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Contract opportunities with Hindustan Shipyard
Visakhapatnam-based Hindustan Shipyard (HSL) is a leading shipbuilding organisation catering to the needs of shipbuilding, ship repairs inclusive of sophisticated and state of art submarine retrofitting and construction of offshore structures.
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Solutions to maritime financing blues
Maritime suffers from not only policy implementation problems, but from finance availability. Sanjeev Gupta recommends that the ports, shipping, shipbuilding and inland waterways should be...
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Analysis: Strategies, opportunities and challenges in MA 2020
Everyone is excited, as the government has brought forth an implementable plan of action for the first time. Now to frame regulations and policies around it.