Page 2 - Maritime Projects

INS Kabra docks in Colombo, move aimed at boosting maritime cooperation

Indian warship, INS Kabra, an indigenous fast attack craft, docked at the Colombo port on Monday, in a move aimed at fostering bilateral ties between the two countries.The warship was accorded a warm welcome by the Sri Lankan Navy as it arrived in the island nation, the Indian Navy said in an official press release.During the port call, the Commanding Officer, INS Kabra called on the Commander, Western Naval Area, Rear Admiral TSK Perera.The Navy informed through a statement, "In a presentation ceremony, essential spares and stores meant for the Sri Lanka Navy and Air Force were handed over by the ship. The visit further strengthens the bilateral cooperation and camaraderie between the two Navies in keeping with the Prime Minister's vision of SAGAR."Taking to its official X handle, the Indian Navy posted, "#INSKabra, the indigenous Fast Attack Craft, arrived #Colombo, #08Jan 24 The ship was accorded warm welcome by @srilanka_navy Handed over essential spares for #SriLankaNavy & .

India needs to overcome challenges to become a maritime power: Prez Murmu

India needs to overcome several challenges, including addressing infrastructural and operational challenges of the country's ports, before it can fully exploit the maritime potential, President Droupadi Murmu said on Friday. Though the conservative apprehensions about crossing the sea cost us dearly, India had to come out of the yoke of 200 years of colonial rule. It became more focused on continental development, forgetting that continental development and maritime development are mutually complementary, she said. "We, of course, also lacked the economic and industrial resources to fully establish a strong maritime presence," the President said while speaking at the 8th convocation of the Indian Maritime University (IMU), Chennai. Before the country could fully exploit the potential of this sector, India should overcome several challenges. "For example, a lot of container ship cargo is diverted to nearby foreign ports due to depth restrictions. In the merchant and civilian ship ...

Govt identifies 300 initiatives for expansion targets under Maritime Vision

Tax sops for coastal shipping, incentives for PPP, PLI for green shipping on cards

34 pacts worth Rs 3.24 trn signed on Day 1 of Global Maritime India Summit

As many 34 agreements worth Rs 3.24 lakh crore were signed on the first day of the three-day Global Maritime India Summit, which was addressed by Prime Minister Narendra Modi through video conferencing. The signing of these pacts underlined the commitment of various stakeholders to transform India into a maritime powerhouse, the shipping ministry said. Besides Modi and Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal, the summit was also attended by Maharashtra Governor Ramesh Bais, Maharashtra Chief Minister Eknath Shinde, the two ministers of state in the Ministry of Ports, Shipping and Waterways (MoPSW) -- Sripad Naik and Shantanu Thakur, officials from the MoPSW, and other stakeholders. "Our prime minister's vision for transformation for transportation has seen radical growth in the coastal and inland waterways," Sonowal said in his speech. "Embarking on a transformative journey towards a brighter maritime future. The rise of 'smart ports' will revolutionize

Rs 10 trn investment, over 300 MoUs on cards during Maritime Summit

Sonowal said that this is the 3rd edition of the Global Maritime India Summit 2023 before this it was also organized in 2016 and 2021

India still a long way from utilising its waterways trade potential

Just 2% of country's cargo transported via navigable waterways; Vietnam at 18% & China 14%

Lothal complex represents resolve to celebrate India's maritime history: PM

Prime Minister Narendra Modi on Tuesday said the National Maritime Heritage Complex coming up at Lothal near here represents the country's resolve to celebrate its rich maritime history. The long period of slavery and indifference towards India's maritime strength made us forget about Lothal and Dholavira, and the complex will act as a centre for learning about and understanding India's diverse maritime history, he said. The prime minister was speaking after reviewing, through video conference, the construction of the complex. "Centuries ago, India's trade was spread over a large part of the globe. We had a relationship with all the civilisations of the world. India's maritime strength had a big role to play in this," Modi said. "The long period of slavery not only broke this capability of India, but with time, we Indians also became indifferent towards this. We forgot that we have great heritage like Lothal and Dholavira that were famous for maritime trade," he said. "We had gre

India-US naval relationship unwavering: Chief of US Naval Operations

Safe and secure seas cannot be preserved without a strong maritime force, Chief of US Naval Operations Admiral Michael Gilday said while describing ties between navies of India and US as "unwavering"

India, US join to conduct integrated maritime engagements in Indian Ocean

The United States Navy and Indian armed forces again joined together to conduct integrated sea and air engagements off the coast of India on June 23 and 24

India expects to sail into top league at maritime organisation

The Sagarmala scheme is executing port and port-led development projects worth Rs 1 lakh crore in various stages of implementation

Investment push for maritime projects to come from govt

The residual projects drew low interest from the private sector on account of financial viability