Pune: The National Green Tribunal’s (NGT) western zone bench in Pune has dismissed a plea challenging the environmental and Coastal Regulation Zone (CRZ) clearance granted for Gujarat Pipavav Port Limited’s expansion project in Amreli district. In its November 26 order, the bench of Justice Dinesh Kumar Singh and expert member Sujit Kumar Bajpayee said it found “no sufficient ground” to interfere with the clearance and rejected the appeal at the admission stage after reviewing the recor...Read More

Mumbai: Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Letter of Intent (LoI) with European ship owner and operator Rederiet Stenersen AS for construction of 6 (six) nosIMO Type II chemical tankers, each of 18,000 DWT capacity. The LoI marks a defining moment for India's shipbuilding exports, covering six vessels valued at approximately USD 220 million, with an option for an additional six ships under the same class, ...Read More

Pipavav: Private port operator Gujarat Pipavav Port Limited (GPPL) on Wednesday announced that it has received a letter from ONGC confirming the award of a contract to hire port and storage facilities at Pipavav Port. The agreement is set for a five-year term, starting October 1, 2025. The company stated that this notification will lead to the signing of a formal contract with ONGC. Under the agreement, GPPL will provide marine support and storage services within the port as ONGC sets up its of...Read More

Mumbai: Swan Defence and Heavy Industries Limited (SDHI) has signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of ₹4,250 crore. The partnership is set to modernize shipyard infrastructure, strengthen domestic supply chains, and build a sustainable talent pipeline for India’s maritime industry. The ₹4,250 crore investment will be deployed across three key projects at the shipyard in Pipavav Port, Gujarat, which is home to India’s ...Read More