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Home2021January

Month: January 2021

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Ports & Shipping

Indian shipping industry reportsa fleet of 1,453 vessels as of November 30, 2020

January 17, 2021

The Indian shipping industry reported a fleet of 1,453 vessels of 12.95 million gross tonnage (GT) and 19.6 million dead weight tonnage (DWT). Of the total vessels, 988 were coastal vessels with a tonnage of […]

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Ports & Shipping

JNPT completes construction of dedicated berth for coastal shipping

January 17, 2021

JNPT has completed the construction of a dedicated berth for coastal shipping. The berth is expected to handle about 2.5 mt of coastal cargo. It is in line with the government’s policy to promote coastal […]

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Ports & Shipping

MoPSW plans to develop product-specific warehouses/silosonpay and usemodel

January 17, 2021

The MoPSW is planning to develop product-specific warehouses/silos on the pay- and use model at various ports (both major and non-major) and multi-modal logistics parks located near port areas, and alongside the National Waterways. The […]

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Ports & Shipping

MoPSW identifies domestic locations and six international routes for ferry services through inland waterways

January 17, 2021

The MoPSW has identified domestic locations as well as six international routes for connecting four international destinations (Chattogram, Bangladesh; Seychelles, East Africa; Madagascar, East Africa; and Jaffna, Sri Lanka) from Indian major coastal port towns […]

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Ports & Shipping

MoPSW initiates the process of operationalising seaplane services on select routes

January 17, 2021

The MoPSW has initiated the process of opertionalising seaplane services on select routes under the special purpose vehicle (SPV) framework through prospective airline operators. The project will be executed and implemented through Sagarmala Development Company […]

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Ports & Shipping

JNPT Board approves proposal to privatise JNPCT

January 17, 2021

The board of trustees of the Jawaharlal Nehru Port Trust (JNPT) has cleared the proposal to privatise the Jawaharlal Nehru Port Container Terminal. The proposal will now be submitted to the MoPSW for ratification since […]

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Ports & Shipping

MoPSW invites comments on draft Dredging Guidelines for Major Ports, 2020

January 17, 2021

The MoPSW has invited comments on the draft Dredging Guidelines for Major Ports, 2020, by January 31, 2021. The guidelines, prepared in consultation with stakeholders, are to be followed by major ports for the implementation […]

Construction in India

Riding on Technology: Future of road construction

January 17, 2021

Road construction has undergone a sea change in the past few years. New technologies are being adopted at the planning stage itself for faster implementation. However, the sector continues to be marred with challenges such […]

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Ports & Shipping

Indian major ports handled 477.76 mt during April-December 2020

January 17, 2021

Indian major ports handled 477.76 million tonnes (mt) of traffic during April-December 2020, as compared to 523.84 mt in the corresponding period of 2019, registering a decline of 8.8 per cent. Deendayal port handled the […]

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Ports & Shipping

MoPSW invites comments on draft Dredging Guidelines for Major Ports, 2020

January 17, 2021

The MoPSW has invited comments on the draft Dredging Guidelines for Major Ports, 2020, by January 31, 2021. The guidelines, prepared in consultation with stakeholders, are to be followed by major ports for the implementation […]

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Ports & Shipping

Union Cabinet approves deepening and optimisation of inner harbour facilities at Paradip port

January 17, 2021

The union cabinet approved the deepening and optimisation of inner harbour facilities, including the development of the a western dock on a build-operate-transfer basis to handle Capesize vessels at Paradip port. The project is estimated […]

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Ports & Shipping

MoPSW undertakes implementation of EBS project at five major ports

January 17, 2021

The MoPSW is implementing an enterprise business system project at five major ports to provide a digital port ecosystem. The five major ports are Mumbai, Chennai, Deendayal, Paradip and Kolkata (including Haldia). The project is […]

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Ports & Shipping

MoPSW issues draft Indian Ports Bill, 2020, for public consultation

January 17, 2021

The Ministry of Ports, Shipping and Waterways (MoPSW) has issued the draft Indian Ports Bill, 2020, for public consultation. The bill will repeal and replace the Indian Ports Act, 1908. It seeks to enable the […]

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Oil and Gas

Chhattisgarh signs MoU for country’s first ethanol plant to be set up in PPP mode

January 17, 2021

The Chhattisgarh government has signed an MoU for the country’s first ethanol plant to be set up in the state under the public-private partnership (PPP) model. The contract was signed with Bhoramdev Cooperative Sugar Factory […]

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Oil and Gas

Reliance-BP consortium invites bidders for gas from KG-D6 basin

January 17, 2021

Reliance Industries Limited (RIL) and the UK-based BP Plc have invited companies to bid for gas produced from the KG-D6 basin. The gas produced at KG-D6 will be available for sale at the delivery point […]

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Oil and Gas

NRL plans to spend Rs 9.49 billion on its capital projects in 2020-21

January 17, 2021

Assam-based Numaligarh Refinery Limited (NRL) is planning to spend around Rs 9.49 billion in the current financial year on its capital projects. These include a refinery expansion project from the current 3 million tonnes per […]

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Oil and Gas

Indian Oil awards $255 million contract to Tecnimont Private Limited

January 17, 2021

Indian Oil Corporation Limited has awarded a $255 million contract to Tecnimont Private Limited, the Indian entity of Italian firm Tecnimont SpA, for the setting up of new acrylic acid and butyl acrylate production units. […]

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Oil and Gas

OIL, AHECL sign agreement for E&P of crude oil and natural gas in Namrup Block

January 17, 2021

Assam Hydrocarbon and Energy Company Limited (AHECL) and Oil India Limited (OIL) have signed an agreement for the exploration and production (E&P) of crude oil and natural gas in the Namrup Block. As per the […]

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Oil and Gas

MoPNG plans to invest $60 billion in gas infrastructure by 2024

January 17, 2021

The Ministry of Petroleum and Natural Gas (MoPNG) has planned a $60 billion investment for creating gas infrastructure in the country till 2024. This includes pipelines, LNG terminals and CGD networks. With this, the share […]

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Oil and Gas

MoPNG plans to invest $60 billion in gas infrastructure by 2024

January 17, 2021

  The Ministry of Petroleum and Natural Gas (MoPNG) has planned a $60 billion investment for creating gas infrastructure in the country till 2024. This includes pipelines, LNG terminals and CGD networks. With this, the […]

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