India's Maritime Self-Reliance Strengthened with VLGC Shivalik
The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, welcomed the induction of the Very Large Gas Carrier (VLGC) 'Shivalik' under the Indian flag, marking a significant milestone in India's maritime resurgence and energy security. The vessel, built in South Korea, symbolizes India's commitment to self-reliance in the shipping sector and aims to enhance energy connectivity with the Arabian Gulf. The government plans to save $75 billion in foreign exchange by building 112 vessels through joint ventures with Oil PSUs, reinforcing India's position as a leading maritime nation by 2047.
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