maritime industry

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    Centre Backs Gujarat's Plea to Rollback Diesel Price Hike

    Gandhinagar, March 22 The latest increase in bulk diesel prices has been withdrawn for fishermen in Gujarat after the state approached the Centre, Fisheries Minister Jitu Vaghani said.The price of premium or higher-grade petrol was increased on Friday by Rs 2 per litre, while the rate of bulk...
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    Gujarat’s Agricultural Budget Focuses on Coastal Fishing & Storage

    Gandhinagar, March 14 – The Gujarat government will introduce deep-sea fishing vessels and a new system for offshore fishing, featuring a “mother vessel” support system, as part of its agricultural budget initiatives, Agriculture Minister Jitu Vaghani announced on Saturday.During a press...
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    Promoters Aim to Meet Shareholding Norms

    Mumbai, March 12 Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is planning to sell its stake in the company through an offer for sale (OFS) next week, according to sources familiar with the development on Thursday.The share sale, which comes amid volatile...
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    Geopolitical Tension Impacts Global Shipping Through Strait of Hormuz

    New York, March 2 Amid escalating tensions in West Asia following US-Israel strikes against Iran, a leading Indian-American maritime executive has expressed concern over the impact on the crucial oil artery of the Strait of Hormuz and the implications for global oil prices."Shipping is the...
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    India's Cochin Shipyard Builds Tugboats for Sustainable Maritime Transition

    Kochi, February 27 The CSL, a public sector shipbuilding and ship repair organization, held the steel-cutting ceremony for two 70-tonne Bollard Pull Tugs for Polestar Maritime Limited here on Friday, officials said.The ceremony was officiated by Vinit Badani, Director at Polestar Maritime...
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    India's Shipbuilding Capabilities Expand with CMA CGM Deal

    Kochi, February 19 Cochin Shipyard Limited (CSL) has signed a major contract with French shipping giant CMA CGM for the construction of LNG dual-fuel vessels, a move expected to boost India's global shipbuilding capabilities and align with the transition towards green maritime practices...
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