Essar Shipping Ltd. Share Price

INDIAN GOVERNMENT PLANS TO INDUCT 62 VESSELS IN THIS FINANCIAL YEAR

The Indian government has unveiled an ambitious roadmap to bolster it's shipping muscle, with plans to induct 62 vessels in 2026-27 at an investment of Rs 51,383 crore and add 2.85 million gross tonnage (GT) capacity. It is positioning the shipping sector at the core of economic architecture. The proposed fleet expansion will strengthen supply chain security while advancing self-reliance. The fleet will include container ships, LPG and crude carriers, oil tankers, dredgers and green tugs. The government also underscored the need for heightened vigilance in sensitive sea lanes, reiterating that the safety of Indian seafarers remains paramount amid geopolitical uncertainties. Some of the listed companies that are set to benefit from this sector boost are

Strait of Hormuz Jitters Rock Shipping Stocks

Shipping and logistics counters faced sharp selling pressure on March 2, 2026, as fears of disruption in the Strait of Hormuz rattled investor sentiment. Adani Ports and Special Economic Zone

GOVERNMENT SET TO BOOST INDIAN SHIPBUILDING INDUSTRY

The government has notified guidelines for two major shipbuilding initiatives with a total outlay of over Rs 44,700 crore. The two initiatives, namely Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS), are aimed at strengthening the country's domestic shipbuilding capacity and improving global competitiveness. With the creation of modern infrastructure and a skilled workforce, commercial shipbuilding capacity is projected to rise to about 4.5 million gross tonnage per annum by 2047. This boost is set to benefit stocks like

MAHARASHTRA IS WRITING A NEW CHAPTER IN INDIA'S MARITIME DEVELOPMENT

The Maharashtra State government has asked the Central Government to set up a permanent centre in Mumbai for the development of India’s maritime sector in order to boost the state's development. The state government is pointing to the new shipbuilding policy, capacity expansions at Jawaharlal Nehru Port Authority, and emerging ports as creating fresh opportunities for the sector. Stocks that will benefit from the development of maritime sector are -

Shipping Stocks Slip as Investors Book Profits After Strong Rally

Shipping stocks dropped on June 17 as investors booked profits after a strong month-long rally driven by Middle East tensions. Shipping Corporation of India fell 5.7%, while GE Shipping and Essar Shipping also declined. The recent surge in these stocks was fueled by rising crude prices and expected shipping rate hikes amid the Israel-Iran conflict. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor #invest #financialfreedom #trader #business #stockmarketindia #bitcoin #cryptocurrency #daytrader #stock #stockmarketnews #entrepreneur #nse #bse #sensex #forextrader #daytrading #crypto #wealth #forextrading