Ports & Shipping

The Deendayal Port Trust has operationalised two mobile harbour cranes to cater to the cargo handling needs at berth nos. 13-16. The Liebherr LHM 550 mobile harbour cranes have a capacity of 124 tonnes each […]

The MoS has extended the current concessional rate of a 40 per cent discount for coastal movement of cargo and vessel-related charges (VRC) for another year for cargo being handled at JNPT and Deendayal port […]

In a significant development, the Major Port Authorities Bill, 2020, has been passed in the Lok Sabha. The bill aims to decentralise the decision-making process and infuse professionalism in the governance of the major ports. […]

In a notable development, Cochin Shipyard Limited has delivered two roll-on roll-off (ro-ro) vessels to the Inland Waterways Authority of India. The 56 metre long ro-ro vessels have been built with in-house design for day […]

The central government has notified the Directorate General of Shipping (DGS) as the National Authority for Recycling of Ships under Section 3 of the Recycling of Ships Act, 2019. Accordingly, the DGS will be the […]

Gujarat Pipavav Port Limited (GPPL) has sought an extension in its concession period beyond 2028 from the Gujarat government for carrying out the expansion and modernisation of Pipavav port. GPPL has the exclusive right to […]

During April-September 2020, the Indian major ports handled 298.55 mt of traffic, as compared to 348.23 mt in the corresponding period of 2019, registering a decline of 14.26 per cent. However, the extent of quantity […]

The power minister launched the pan-India real-time market (RTM) on June 3, 2020, placing the Indian electricity market in the league of a few electricity markets in the world that have RTM. RTM will provide […]

The Power Finance Corporation (PFC) and REC Limited have decided to offer loans at concessional rates to state distribution utilities under the Rs 900 billion liquidity infusion package to mitigate the impact of COVID-19 on […]

The finance minister has unveiled significant power sector reforms as part of the Atmanirbhar Bharat Abhiyan to mitigate the impact of COVID-19 on the economy. The government has announced tariff policy reforms to encourage consumer […]

The governments of India and Bangladesh signed the second addendum to the Protocol on Inland Water Transit and Trade on May 20, 2020. During the earlier discussions in October 2018 and December 2019, key decisions […]

As of April 30, 2020, the Indian shipping industry had a fleet of 1,432 vessels of 12.7 million GT and 19.2 million deadweight tonnage (DWT). Of the total vessels, 975 were coastal vessels with a […]

The Central Board of Indirect Taxes and Customs (CBIC) has extended the 27×7 customs clearance facility at all seaports till June 30, 2020. The development comes in light of the CBIC’s efforts to facilitate faster […]

Container Corporation of India Limited (CONCOR) has shut 15 underperforming inland cargo terminals and has handed over the land on which they were operating to Indian Railways (IR). One of the terminals that has been […]

V.O. Chidambaranar port has reduced pilotage and berth hire charges by 10 per cent for vessels of up to 20,000 gross tonnage (GT). The new rates are effective retrospectively from January 1, 2020.

The Deendayal Port Trust (DPT) has revised the procedure for the levy of penal berth hire charges. For cargo handled on mechanised bulk berths, penal berth hire charges will be levied on shipping/vessel agents for […]

The JNCH has issued a circular stating the withdrawal of public notice nos. 24/2020 and 33/2020 regarding the facility for waiver of late fees for delayed filing of the bill of entry (BoE) via public […]

The Jawaharlal Nehru Custom House (JNCH) has issued a circular for the provisional assessment of consignments originating from China under the claim of duty exemption on the basis of country of origin certificate issued under […]

During the first two months (April-May) of the ongoing fiscal year 2020-21, Indian major ports handled 92.82 mt of traffic, as compared to 119.24 mt in the corresponding period of 2019-20, registering a decline of […]

During the first three months (April-June) of the ongoing fiscal year (2020-21), Indian major ports handled 141.92 million tonnes (mt) of traffic, as compared to 176.7 mt in the corresponding period of 2019-20, registering a […]