The Latest Breaking News from Sarbananda Sonowal

Tanker attacks in Strait of Hormuz & Romania: Govt confirms all 24 Indian seafarers are safe

Tanker attacks in Strait of Hormuz and Romania: All 24 Indian seafarers are safe after two tankers carrying Indian crew members were hit in separate incidents in the Strait of Hormuz and Romania. A crude oil tanker carrying 15 Indian seafarers was struck by a projectile on October 16, while…

The Economic Times · Oct 16

Shipping ministry launches 2 credit risk insurance products for ship building industry

These policies include the Shipbuilding Project Credit Risk Insurance Policy for export projects and the Business Credit Shield Policy for domestic projects. The central government will subsidize insurance premiums and support insurers for shipyard claims. This initiative aims to alleviate financial stress and ensure smooth operations for shipyards.

The Economic Times · Oct 14

IRGC Navy says it hit third supertanker in Strait of Hormuz

The Islamic Revolutionary Guard Corps Navy struck a supertanker in the Strait of Hormuz for non-compliance. Two Indian nationals remain missing after a separate drone attack on MT Petro Dolphin earlier this month. The search-and-rescue operations are active, with local Coast Guard involved in the efforts. Concurrently, all 11 sailors…

The Economic Times · Oct 12

Cochin Shipyard gets order to build 40 ships from US, Germany, Norway, other nations: Sarbananda Sonowal

Cochin Shipyard Limited has triumphantly secured more than 40 shipbuilding contracts from leading countries like the US, Germany, and Norway. Shipping Minister Sarbananda Sonowal emphasized the importance of cultivating a strong ecosystem for shipbuilding in India. Notably, Russian businesses showed interest in collaborating with local shipyards, and Belgium demonstrated a…

The Economic Times · Oct 8

First cargo vessel from Dibrugarh to Bangladesh since Independence flagged off

A momentous occasion unfolded as the cargo vessel 'DLB Patkai' set sail from Bogibeel Terminal in Dibrugarh, heading to Dhaka. This significant shipment is the first direct trade from Upper Assam to an international market since Independence. Carrying methanol from Namrup, the vessel will embark on a 1,300 km journey…

The Economic Times · Oct 5

SCI to help India achieve ambition of becoming top shipping nation: Sonowal

India's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniversary. The company is expected to see its Profit After Tax surpass Rs 2,000 crore this fiscal year. Sonowal called on SCI to play a key role in achieving the national goal of…

The Economic Times · Oct 5

Nagaon bypoll: NDA steps up final-day push, 2,309 booth committees to hold padyatras

Campaigning for the Nagaon Lok Sabha by-election is intensifying, with Debashis Sharma representing the NDA. Chief Minister Himanta Biswa Sarma led 15 public meetings across eight Assembly segments. On the final campaign day, all polling booths will conduct padyatras to engage local voters. Over 1,100 meetings were also held by…

The Economic Times · Oct 4

Shipping Corporation of India expects Rs 2,000 crore profit this fiscal: Sarbananda Sonowal

Shipping Corporation of India expects profit after tax to exceed Rs 2,000 crore in FY27, Union Minister Sarbananda Sonowal said Friday. The Navratna PSU plans to expand its 58-vessel fleet by procuring more than 34 vessels through petroleum-sector joint ventures and adding 51 container vessels with CONCOR and four major…

The Economic Times · Oct 2

India to set up first port-based e-methanol facility at Kandla for Rs 2,300 cr

India’s first port-based e-methanol plant will be built at Kandla with an investment of ₹2,300 crore. The 150-tonne-per-day facility, a joint venture between Deendayal Port Authority and Assam Petro-Chemicals, will produce green fuel using renewable power, water and biogenic CO₂.

The Economic Times · Sep 26

4,052 stranded Indian seafarers repatriated amid West Asia crisis, says Shipping Minister Sarbananda Sonowal

Over 4,000 Indian seafarers have been safely repatriated during the West Asia crisis. Emergency response channels handled thousands of calls and emails for seafarer assistance. The government provides financial aid and support to affected seafarer families. An Indian merchant vessel was hit, but all 14 crew members were rescued. India…

The Economic Times · Aug 5