The Assam government has decided to set up Assam Inland Waterways Company Limited to boost the river transport system in the state. The company’s mandate will be to establish, maintain and operate cost-effective water transportation […]
The central government has inaugurated the Captive Riverine Jetty Project at the Mahanadi river in Odisha on April 25, 2022. The project involved the development of a captive riverine jetty with a material handling capacity […]
APM Terminals Pipavav has secured a new service, Jade Express, mainly for transhipment cargoes. The weekly service, introduced by Maersk, will connect Port Pipavav to Port Qasim, perfectly in time for the MECL service (westbound […]
JM Baxi Ports and Logistics Limited has acquired the residual 26 per cent stake in Visakha Container Terminal Private Limited from DP World. The acquisition gives JM Baxi complete control over this large hub terminal on […]
The Telecom Regulatory Authority of India (TRAI), in association with the Deendayal Port Authority, has launched a pilot project named “Fifth Generation Small Cell and Aerial Fiber Deployment Using Deendayal Port Street Furniture”. This pilot […]
The Gati Shakti Mission assessment has revealed that infrastructure gaps exist in over 130 projects. As many as 80 projects have reportedly been identified by the MoPSW with infrastructure gaps that other ministries need to […]
The MoPSW has laid the foundation stone for a roll-on-roll-off (ro-ro) facility at Cochin port in Kerala on April 30, 2022. The project is being constructed at an estimated cost of Rs 110.6 million, with 100 […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has asked all major ports to ensure adequate infrastructure by 2025 for achieving zero waiting time for inward as well as outbound cargoes. In an office memorandum, […]
On March 17, 2022, the Dredging Corporation of India (DCI) signed a historic shipbuilding agreement for the first Make in India project involving the construction of the first beagle series 12 trailing suction hopper dredgers […]
All the major Indian ports under the Ministry of Ports, Shipping and Waterways (MoPSW) have registered a 6.94 per cent growth rate in traffic movement during 2021-22 over 2020-21. These ports reported 719.38 million tonnes […]
JSW Infrastructure Limited has commissioned its first container terminal at the New Mangalore Port Trust (NMPT) in Karnataka. The terminal project involves a phase-wise investment of Rs 3 billion to expand its capacity to 0.4 […]
The development of Pandu port as an inland shipping hub in the Northeast is being initiated, as the government has approved a project for developing National Waterway (NW)-2 entailing an investment of Rs 4.61 billion […]
The MoPSW plans to develop a model concession agreement (MCA) for port projects that use the equip, operate and transfer (EOT), and operations and maintenance (O&M) models. The terms and conditions of a port contract […]
In a notable development, the Jawaharlal Nehru Port Trust (JNPT) continued its steady surge in cargo handling in calendar year 2021, with a total container traffic of 5.63 million twentyfoot equivalent units (TEUs) as compared […]
During April-November 2021, major ports in the country handled 465.4 mt of traffic, compared to 409.5 mt in the corresponding period of 2020-21, registering a growth of 12 per cent. Port-wise, Deendayal port handled the […]
In the Union Budget 2022-23, the Ministry of Ports, Shipping and Waterways (MoPSW) (erstwhile Ministry of Shipping) has received an allocation of Rs 17.09 billion (budget estimate). The allocation is lower than the budget estimate […]
In Andhra Pradesh, the development of three ports, Bhavanapadu, Machilipatnam and Ramayapatnam, and nine fishing harbours will be undertaken, entailing an investment of Rs 180 billion. The state government plans to develop ports and waterways, […]
The government, in its budget, is expected to focus on infrastructure investments that will lower the total cost of logistics for the end consumer. The entire western dedicated freight corridor is expected to be completed […]
The Ministry of Shipping of Bangladesh has asked the Indian authorities to conduct more transshipment trials before agreeing on the transshipment of Indian goods through Chittagong port. According to reports, the Bay terminal of Chittagong […]
The Central Board of Indirect Taxes and Customs has announced that the effective date of the Sea Cargo Manifest and Transshipment Regulations (8th Amendment) 2021 has been further extended. The effective date has been extended […]
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