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Swan Defence signs Rs 42.50 bn MoU with GMB to boost shipbuilding
Swan Defence and GMB will expand shipyard capacity, build a 200-acre cluster, and set up a maritime Centre of Excellence.Read more
Can India Match Vietnam’s Maritime Success Without Financial Reform?
While India has announced major initiatives to boost its maritime sector, many challenges continue to stall growth and innovation in shipbuilding. This article explores Vietnam’s financing model and the urgent lessons India can draw from it.Read more
MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035
Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more
Hilco Global buys ThyssenKrupp Steel’s plant in Germany
Amsterdam-based Hilco Industrial Acquisitions, BV, an operating company of US-based Hilco Global, has acquired all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com.Read more
10 ways robotics are disrupting the shipbuilding industry
Robotics is an essential part of any manufacturing sector, and shipbuilding is no different. As the robotics in shipbuilding improve, the technology in the ships themselves will become more advanced, says Megan Ray Nichols.Read more
