No Museum, Indian Navy decides to scrap INS Virat

The Government of India and Indian Navy have decided to tear down INS Virat, the world’s oldest serving aircraft carrier that carries much sentimental value for not just defence personnel, but defence and naval enthusiasts from across the country. INS Viraat was the flagship of the Indian Navy before INS Vikramaditya was commissioned in 2013. […]

Indian Navy orders eight anti-submarine ships from Cochin Shipyard

Cochin Shipyard Limited said it signed a contract for construction and supply of eight anti-submarine ships for the Indian Navy worth Rs 6,311 cr. The ships, also known as anti-submarine warfare shallow water crafts, will have a displacement (size) of about 750 tons, a speed of 25 knots and will be capable of full-scale, sub-surface […]

Cochin Shipyard to make four 8,000-ton carriers for JSW Group

Cochin Shipyard Limited (CSL), which operates the largest ship-building and maintenance facility in India, on Friday signed contracts for the construction and delivery of four 8,000-ton mini bulk carriers with a subsidiary of the JSW Group, one of India’s largest business conglomerates. The vessels will be built at the CSL yard in Kochi and will […]

Andaman & Nicobar to soon get two 500-passenger ships for inter-island transfer

The Andaman & Nicobar Island Administration can look forward to taking delivery of its two 500-passenger vehicles as the erection, or final welding, process has begun at the Cochin Shipyard. During the shipbuilding process, each ship block is brought to the building dock, where they are erected with cranes. After each erection, welding is carried […]

India signs agreement with Russian firm to manufacture inland shipping vessels

Government of India-controlled Cochin Shipyard Limited said it signed an agreement with Russia’s largest shipbuilding company to jointly design and manufacture inland and coastal ships in India to enable the government’s Sagar Mala program. Sagar Mala is a ₹8 lakh cr investment initiative of the Government of India to promote the use of water ways […]

Anil Ambani’s Reliance Defence and Engineering to enter the oil rig business

Reliance Anil Ambani Group said its unit Reliance Defence and Engineering Ltd partnered with US-based oil rig comopany ALLRIG to provide jack-up rigs, drilling rigs and other floating fixed oil & gas assets in India. “The association will be helpful in providing solutions for class approved spares, repairs, upgradation and warranty support for critical equipments […]

Vamaship offers int’l ecommerce shipping of gems & jewelery at Rs 999

Vamaship,a company that connects shippers with logistic companies, said it has launched  new service for international e-commerce shipping from Mumbai for the gems and jewellery industry starting from Rs 999 onwards for door-to-door delivery. The customer can book the shipment on the Vamaship website and track shipments through their mobile app and on the platform […]

SCI Q1 profit rises three times

The shipping corporation of India(SCI) one of the largest Indian shipping Company, declared its financial results for Q1 ending 30th June 2015 noted a net profit of Rs 163.54 crores as compared to a net profit of 49 crore registered in Q1 ended 30th June 2014. The company had marked a net profit of Rs. […]