shipbuilding News

India Aims for Global Shipbuilding Dominance with Rs 70,000 Crore Maritime Development Fund Expansion

The Indian government is expanding the Maritime Development Fund to Rs 70,000 crore to boost the maritime sector, aiming for global top 10 in shipbuilding by 2030. Legislative supp...

Mazagon Dock Reports a Sharp 35% Drop in Q1 Profits Amid Rising Operational Costs

Mazagon Dock Shipbuilders reports a 35% drop in Q1 profits to Rs 452 crore, despite an 11.4% increase in revenue, highlighting the challenges and opportunities in India's shipbuild...

South Korea's Export Boom: A 5.8% Rise in Early November and a $798 Million Trade Surplus

South Korea's exports rose by 5.8% in early November, while imports fell by 1%, resulting in a trade surplus of $798 million. The increase in exports was led by semiconductors, shi...