Essar Ports’ division, the Essar Bulk Terminal has completed the development of a passenger ferry terminal in Hazira, Gujarat. The Hazira passenger ferry terminal has been constructed over a period of eight months and is […]
The Gujarat government has granted in-principle approval for the development of the Navlakhi port jetty project with the aim of increasing the port’s capacity from 8 mtpa to 20 mtpa. The Gujarat Maritime Board will […]
As of August 31, 2019, the Indian shipping industry had a fleet of 1,412 vessels of 12.73 million gross tonnage (GT) and 19.31 million dead weight tonnage (DWT). Of the total vessels, 955 were coastal […]
India has climbed up in the ease of doing business ranking from 77 in 2018 to 63 in 2019. As the per the World bank report, the major contributors for this have been the successful […]
The Jawaharlal Nehru Port Trust (JNPT) has extended discounts for the shipping lines calling at Shahid Beheshti Chabahar port, Iran, for a period of one year (till October 2020). The discounts are subject to compliance […]
The National Company Law Appellate Tribunal (NCLAT) has given its go-ahead to the National Company Law Tribunal (NCLT), Mumbai, to decide on Adani Ports and Special Economic Zone Limited’s (APSEZL) bid to buy Dighi Port […]
Chettinad Mangalore Coal Terminal Private Limited (CMCTPL) has commenced commercial operations at the mechanised coal handling facility at New Mangalore port. The commencement of operations was marked by the arrival of a vessel, MV Yangze […]
During April-October 2019-20, Indian major ports handled 405.39 mt of traffic, compared to 403.61 mt in the corresponding period of 2018-19, registering an increase of 0.44 per cent. Deendayal port (erstwhile Kandla port) handled the […]
The Kolkata Port Trust has approved rebates for vessel- and cargo-related charges for foreign dry bulk cargo. The concessions are applicable to foreign import and export dry bulk cargo only, commencing on November 1, 2019 […]
The Gujarat government has given its nod to the development of a compressed natural gas (CNG) terminal at Bhavnagar port. To be jointly developed by UK-based Foresight Group and Mumbai-based Padmanabh Mafatlal Group, the terminal […]
As of September 30, 2019, the Indian shipping industry had a fleet of 1,417 vessels of 12.74 million gross tonnage (GT) and 19.34 million deadweight tonnage (DWT). Of the vessels, 962 were coastal vessels with […]
Cochin Shipyard Limited (CSL) signed the Phase III contract for the construction of an indigenous aircraft carrier with the Ministry of Defence on October 31, 2019. The Rs 30 billion Phase III contract involves operational […]
CSL signed a contract with Kochi Metro Rail Limited (KMRL) for designing, building, testing, commissioning and delivery of passenger boats for the Kochi integrated water transport project on October 29, 2019. The contract value is […]
The central government flagged off the maiden container cargo consignment from the Haldia Dock Complex (National Waterway [NW]-1) to Pandu terminal, Guwahati (NW-2), on November 4, 2019. The vessel, MY Maheshwari, carried 53 twenty-foot equivalent […]
The Indian government has in principle allowed Nepal to use its three inland waterways. India has consented to grant access to the Kolkata-Kalughat-Raxaul; Kolkata-Sahebgunj-Biratnagar; and Kolkata-Varanasi-Raxaul routes. Nepal will be able to operate its own […]
The governments of India and Bangladesh have finalised the standard operating procedure (SOP) for the use of the Chattogram and Mongla ports for the movement of goods to and from India. The SOP on the […]
A port service agreement has been signed between Kakinada Seaports Limited and East Coast Concessions Private Limited, a wholly owned subsidiary of H-Energy. As per the agreement, H-Energy will develop an LNG regasification and reloading […]
The Committee of Creditors (CoC) of Dighi port has approved the resolution plan submitted by Adani Ports and Special Economic Zone Limited (APSEZL) to buy Dighi Port Limited (DPL) under the Insolvency and Bankruptcy Code, […]
The Gujarat government has announced a new port policy to provide benefits to existing and future captive jetty players and other players. According to the new policy, the 32 operational captive jetties are now permitted […]
The Deendayal Port Trust (DPT) has roped in Indian Institute of Management Ahmedabad for devising a business strategy to boost traffic at the port. In addition, DPT is expected to incorporate a special business development […]
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