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Mitsui OSK Lines turns to India for shipbuilding and logistics terminals to boost car shipments

Mitsui OSK Lines turns to India for shipbuilding and logistics terminals to boost car shipments

Japan’s Mitsui OSK Lines is looking to build ships in India and expand into roll-on roll-off terminals, aiming to strengthen inland logistics. The move is designed to reinforce MOL’s position in shipping automobiles from India, with the country identified as a priority region for growth. The company is also weighing broader investments that could reshape its regional transport network.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Mazagon Dock Q4 Profit Jumps 42 Percent to Rs 464 Crore and Dividend of Rs 4.62 Confirmed

Mazagon Dock Q4 Profit Jumps 42 Percent to Rs 464 Crore and Dividend of Rs 4.62 Confirmed

Mazagon Dock Shipbuilders reported strong March quarter performance, with net profit rising nearly 42% year-on-year to Rs 464 crore. The surge was powered by better execution across shipbuilding and submarine projects, while revenue from operations increased 16%. The board has recommended a final dividend of Rs 4.62 per share for FY ended March 2026.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026

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India to procure 437 ships by 2042 to boost domestic fleet capacity fast

India to procure 437 ships by 2042 to boost domestic fleet capacity fast

India has outlined a long-term plan to expand its domestic shipping fleet by procuring 437 vessels through 2041-42. The approach mixes local shipbuilding for parts of the order while initially importing highly specialized ships such as VLGCs and VLCCs. Officials say the goal is to build homegrown technology and skills, not just add tonnage.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Trump fires Navy Secretary Phelan amid shipbuilding conflicts and a tense Iran ceasefire

Trump fires Navy Secretary Phelan amid shipbuilding conflicts and a tense Iran ceasefire

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
South Korea shipbuilding talks get a major boost during Lee Jae Myung India visit next week

South Korea shipbuilding talks get a major boost during Lee Jae Myung India visit next week

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian ports surge into logistics and industry hubs, with cargo capacity set to double by 2030

Indian ports surge into logistics and industry hubs, with cargo capacity set to double by 2030

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.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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