A Mumbai court sentenced 44 Somali pirates to life imprisonment in two cases involving the hijackings of MV Ruen and the Iranian fishing vessel Al-Kambar 786.
SeaBird Exploration has secured a 2D seismic survey contract offshore India for Eagle Explorer, with mobilisation expected in mid-July and vessel utilisation through the first half of 2027.
JSI Alliance completed heavy-lift installation for the Dahej liquid cargo berth expansion in India using Jumbo Javelin to transport and install jackets and berthing dolphins for Afcons Infrastructure Limited.
ONGC and BP have signed a Technical Services Contract covering 43 blocks in India’s Western Offshore Basin, expanding their collaboration beyond Mumbai High. #ONGC #BP #WesternOffshoreBasin #India #OffshoreEnergy
HD Hyundai said reports of a KRW 3trn ($4bn) investment in a new shipyard in India’s Tamil Nadu state were not confirmed, according to a Korea Exchange filing.
India is strengthening shipbuilding and maritime cooperation with South Korea, combining Korean technology and India’s cost-competitive workforce to expand its fleet and support its 2047 shipbuilding goals.
India issued guidelines for ₹44,700+ crore shipbuilding schemes, combining 15–25% milestone-linked support with yard upgrades, clusters, and a credit note worth 40% of Fair Scrap Value.
India outlines plans to expand shipbuilding and maritime cooperation with South Korea as part of its strategy to grow its fleet and advance its 2047 development agenda.
