Parliament has passed the Central Road Fund (Amendment) Bill, 2017, to allocate 2.5 per cent of the proceeds of the Central Road Fund (CRF) for the development and maintenance of national waterways (NWs). An allocation […]
The Shipping Corporation of India’s (SCI) vessel, M.V. SCI Mumbai V386, made its maiden call at the Kandla International Container Terminal on January 5, 2018. The vessel is operated by SCI under its SMILE service.
As of December 31, 2017, the Indian shipping industry had a fleet of 1,372 vessels of 12.35 million gross tonnage (GT) and 18.79 million deadweight tonnage (DWT). Of the total vessels, 929 were coastal vessels […]
The Ministry of Home Affairs has waived the requirement of biometric enrolment for cruise passengers arriving on e-visa at five major seaports – Mumbai, Mormugao, New Mangalore, Cochin and Chennai. The exemption has been granted […]
Adani Ports and Special Economic Zone Limited has commenced operations on its container terminal, the Adani Ennore Container Terminal, at Kamarajar port. M.V. SSL Kochi, owned and operated by Shreyas Shipping and Logistics, made its […]
The foundation stone for the new international cruise terminal at Mumbai port was laid on January 11, 2018. It is expected to entail an investment of Rs 3 billion and is scheduled to be completed […]
Construction work on Phase I of JNPT’s fourth container terminal – the Bharat Mumbai Container Terminal – has been completed as per schedule and a provisional completion certificate has been issued to Bharat Mumbai Container […]
During the first nine months (April-December) of the current fiscal year (2017-18), Indian major ports handled 499.41 mt of traffic, compared to 481.87 mt in the corresponding period of 2016-17, registering an increase of 3.64 […]
The Union cabinet approved amendments in the model concession agreement (MCA) for PPP port projects on January 3, 2018. The amendments in the MCA envisage the constitution of the Society for Affordable Redressal of Disputes […]
A shareholders’ agreement has been signed between Cochin Shipyard Limited (CSL) and Hooghly Dock and Port Engineering Limited (HDPEL) for taking over the manufacturing units of HDPEL. Earlier, in October 2017, CSL and HDPEL incorporated […]
As of November 30, 2017, the Indian shipping industry had a fleet of 1,367 vessels of 12.34 million gross tonnage (GT) and 18.77 million deadweight tonnage (DWT). Of the total vessels, 926 were coastal vessels […]
The foundation stone for an international ship repair facility at Cochin port was laid on November 17, 2017. The facility will include a shiplift system (130 x25 metres) with a lifting capacity of 6,000 tonnes, […]
The Visakhapatnam Port Trust inaugurated the green channel berth on November 27, 2017 for handling coastal cargo at the port. The development of the berth entailed an investment of Rs 453 million, of which Rs […]
The Paradip Port Trust has awarded the contract for the operations and maintenance (O&M) of its mechanised coal handling plant to Chennai Radha Engineering Works Private Limited. The contract value is Rs 1.51 billion. As […]
The central government has given its approval for setting up a mega coastal economic zone (CEZ) at JNPT. The CEZ is a part of the government’s plan to develop 14 such CEZs under the National […]
During the first eight months (April-November) of the current fiscal year (2017-18), Indian major ports handled 439.66 mt of traffic, compared to 424.96 mt in the corresponding period of 2016-17, registering an increase of 3.46 […]
The central government has turned down the proposal for amending port concession agreements with private firms operating cargo terminals at major ports. The rejection comes in response to the Indian Private Ports and Terminals Association […]
The Union government has granted infrastructure status to the logistics sector. The inclusion of the logistics sector in the Harmonised Master List of Infrastructure Sub-sectors was considered during the 14th Institutional Mechanism Meeting held on […]
Phase I of the ro-ro ferry service between Ghogha in Saurashtra and Dahej in south Gujarat was inaugurated on October 22, 2017. The ro-ro service has been designed and developed by Essar Ports Limited and […]
Cochin Shipyard Limited (CSL) has awarded the contract for the construction of a new ship repair facility at the Cochin Port Trust to Simplex Infrastructures Limited. The contract value is Rs 6.1 billion. The new […]
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