President Donald Trump says Navy Secretary John Phelan was dismissed after conflicts tied to shipbuilding. Phelan, a billionaire with reported ties to Trump, was also described as moving too slowly on reforms. The shakeup comes as tensions with Iran persist despite a ceasefire, with Washington boosting naval assets in the Middle East.
South Korean President Lee Jae Myung will visit India from April 19 to 21, with shipbuilding—especially LNG tankers—at the center of talks under Make in India. The effort focuses on technology transfer and scaling up production, while collaboration may also expand into semiconductors, civil nuclear energy, and defense manufacturing to deepen the countries’ strategic partnership.
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India’s Shipping Secretary told investors in Singapore that ports are rapidly transforming into logistics and industrial hubs. Cargo handling capacity has already doubled and is projected to reach 3,500 million tonnes per annum by 2030. At the same time, India is ramping up shipbuilding ambitions and accelerating green port and green fuel investments.
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