India’s finance minister announced a $2.9bn maritime development fund to boost the country’s shipbuilding and repair industry, aiming to become a top 10 shipyard nation by the decade’s end. The government will contribute 49% of the fund, seeking the rest from ports and the private sector, with a focus on attracting Korean and Japanese investments. The revamped Shipbuilding Financial Assistance policy will incentivize Indian owners to scrap old vessels and modernize their fleets.
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Former Forsman & Bodenfors CEO Toby Southgate joins We Are Social as global CEO | News
We Are Social has appointed Toby Southgate as its global group chief executive officer, succeeding co-founder Nathan McDonald. Southgate, who previously led Forsman & Bodenfors, aims to drive growth and creative work for clients such as Samsung, Amazon Music, and Adidas across four continents with a team of 1,200 people. His experience in multinational agencies and focus on prioritizing people's well-being are expected to propel We Are Social into its next phase of evolution and...
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