The Indian government has announced an additional investment of Rs 10 billion to enhance inland waterways infrastructure in the Northeast by 2026. This new funding supplements the ongoing projects worth Rs 10 billion in the […]
V. O. Chidambaranar Port Authority has completed dredging at its North Cargo Berth-III, enabling it to handle fully loaded Panamax vessels with a draft of 14.2 metres. The port has also widened its turning circle […]
The Indian government is set to provide more than Rs 200 billion financial support to promote domestic shipping and meet the increasing demand. This plan encompasses the second phase of the Shipbuilding Financial Assistance Policy […]
The central government has identified land in Andhra Pradesh, Tamil Nadu and Gujarat to develop large-scale shipbuilding and repair centres. Meanwhile, South Korea’s HD Hyundai is reportedly close to finalising a partnership with the Cochin […]
Visakha Multipurpose Terminal has partnered with Hindalco Industries Limited to develop India’s first fully-automated, sustainable alumina handling facility at east quay (EQ)-07 berth of Visakhapatnam Port. The new facility will eliminate manual cargo handling and […]
The V.O. Chidambaranar Port has announced the commencement of operations at a new berth with a capacity of 95,000 deadweight tonnage (DWT). The north cargo berth-III is operated by JSW Tuticorin Multipurpose Terminal Private Limited. […]
Jawaharlal Nehru Port Authority, Mumbai handled 8.44 million tonnes of cargo in April 2025, an increase of 17.81 per cent as compared to the traffic in April 2024. The port also reported handling 667,922 twenty-foot […]
On May 6, 2025, the Inland Waterways Authority of India (IWAI) signed a memorandum of understanding (MoU) with the Rhenus Group to start barge operations in India. As part of the agreement, Rhenus Logistics India Private […]
Syama Prasad Mookerjee Port (SMP), Kolkata handled 5.97 million metric tonnes (mmt) of cargo in April 2025, an increase of 45.32 per cent year-on-year (YoY). The port reported handling of 4.11 mmt of cargo in […]
On May 2, 2025, the central government inaugurated Vizhinjam International Seaport in Kerala. With an investment of Rs 88.67 billion, the port has been built by Adani Ports and Special Economic Zone Limited in partnership […]
On April 28, 2025, the multi modal logistics park (MMLP) in Nagpur at Sindi, near Wardha, began its commercial operations, with the arrival of its first rake carrying 123 Maruti Suzuki vehicles from Ex-Farukhnagar. The […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has introduced the “One Nation One Port Process” (ONOP) initiative to streamline and standardise port procedures and documentation across all major ports. This initiative involves a comprehensive […]
The Expenditure Finance Committee (EFC) of government has approved the proposal to set up the Maritime Development Fund with a total outlay of Rs 250 billion. The fund, first announced in the union budget of […]
On April 29, 2025, the Government of Maharashtra approved the Shipbuilding, Ship Repair and Ship Recycling Policy, 2025. The policy targets Rs 66 billion investment and 40,000 jobs by 2030, rising to Rs 180 billion […]
The Kerala Maritime Board is set to redevelop the minor port at Vizhinjam into a commercial facility under a public-private partnership (PPP) model. The project is expected to receive approval in May 2025. This redevelopment […]
On April 23, 2025, the Chief Minister of Karnataka approved the Mangaluru Water Metro project. It will connect Bajal and Maravoor across the Netravati and Gurupura rivers. The Karnataka Maritime Board has been directed to […]
A total of three Investment pacts worth Rs 57 pillion were signed for proposed facilities under the Vadhvan Port Project on April 21, 2025. These include: Investment pacts worth Rs 42 billion and 10 billion […]
On April 24, 2025, the keel laying ceremony for Yard 3040, the fourth next generation offshore patrol vessel (NGOPV), was held at Garden Reach Shipbuilders and Engineers Limited (GRSE) in Kolkata. The contracts for indigenous […]
In a notable development, memorandum of understanding (MoUs) was signed for various projects worth over Rs 57 billion for infrastructure development at the Vadhvan Port. These include development of a multi-purpose terminal for container, bulk, […]
The Mumbai International Cruise Terminal (MICT) commences operations on April 21, 2025. This is India’s largest cruise terminal, which has been designed to accommodate up to 1 million passengers annually. The terminal can handle five […]
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