Ports & Shipping

Further, the MoS has relaxed cabotage restrictions for ports which transship at least 50 per cent of the container traffic handled by them. With this relaxation, foreign vessels can also transport export-import (ex-im) laden and […]

The Union cabinet has approved a proposal by the Ministry of Shipping (MoS) for the provision and operationalisation of a $150 million line of credit from the Export Import Bank of India for the development […]

The MoS has released the draft national perspective plan under the Sagar Mala project. A total of 150 projects involving port modernisation, connectivity, port-led industrialisation and coastal community development have been identified under the plan. […]

The Union cabinet has approved a proposal by the Ministry of Shipping (MoS) for the provision and operationalisation of a $150 million line of credit from the Export Import Bank of India for the development […]

The Gujarat government announced the Ship Recycling Policy, 2015 on January 19, 2016. The policy has been framed by the state government and the Gujarat Maritime Board keeping in mind environmental and eco-friendly measures that […]

The central government has granted infrastructure status to the shipbuilding industry. This is expected to reduce borrowing costs and will enable shipyards and domestic manufacturers to get long-term loans for 20-25 years, as well as […]

The Maharashtra state cabinet passed a revised State Port Development Policy on January 25, 2016. The new policy lays emphasis on integrated port development by increasing inland connectivity through road, rail and water transport networks. […]

The second liquid chemical berth at Mumbai port was inaugurated on January 13, 2016. The project involved the construction of a second berth for handling various grades of bulk liquid chemicals and specialised POL cargo […]

The Western Quay-6 berth at Visakhapatnam port commenced commercial operations on January 13, 2016. The project was undertaken by Alba Asia Private Limited, a JV of ABG Ports Private Limited and Louis Dreyfus Armateurs SAS, […]

During the first 10 months (April-January) of the fiscal year 2015-16, major ports handled 499.23 mt of traffic, compared to 483.01 mt in the corresponding period of 2014-15, registering an increase of 3.36 per cent. […]

The Ministry of Shipping (MoS) has inaugurated the first river information system (RIS) of India. The new system will facilitate safe and accurate navigation on National Waterway-1. The RIS is being implemented under the responsibility […]

The National Waterways Bill, 2015, aimed at developing 101 inland waterways across the country, was passed in the Lok Sabha on December 21, 2015. The bill identifies an additional 101 inland waterways that are to […]

Cochin Shipyard Limited (CSL) has successfully completed a Mark-III Flex Mock-Up, certified by Gaztransport et Technigaz (GTT), France. The shipyard is now licensed by GTT to build LNG ships for any client worldwide using its […]

JNPT has extended the due date for the submission of expression of interest (EoI) bids for setting up industrial/manufacturing units for the development of a port-based special economic zone (SEZ). The date has been extended […]

L&T Geostructure has won a contract worth Rs 2.47 billion from IOC for the engineering, procurement and construction (EPC) of marine facilities at Kamarajar port. The scope of the contract includes construction of the berth […]

During the first eight months (April-November) of the current fiscal year (2015-16), the major ports handled 396.85 mt of traffic, compared to 384.1 mt in the corresponding period of 2014-15. This is an increase of […]

The capital dredging work of the navigational channel of the cruise berth at Mormugao port commenced on January 1, 2016. On the completion of dredging, the navigational channel will have a draught of 19.5 metres […]

Indira Container Terminal Private Limited commenced container handling operations with a call from VSL Bahri Yanbu 006 at its offshore berth at the Mumbai Port Trust. The offshore project was awarded on a 30-year operating […]