While expressing confidence in the Indian economy, Narayan pointed out that the country's energy import bill, which puts pressure on the rupee, affects dollar returns for investors
Keralam under the new UDF government is looking to build an integrated port-based logistics network in a way that the entire state becomes one single port city, Chief Minister V D Satheesan has said. In an interview with PTI Videos here on Friday, Satheesan laid out an elaborate vision for energising the state's economy with a series of projects and investments in aviation, maritime infrastructure, tourism, MSMEs, education and others. Some of his priorities include expanding the state's aviation and maritime sectors, while ensuring that the proposed share transfer involving Vizhinjam Seaport does not compromise the Keralam's interests or lead to a monopoly, he said. He said the UDF government had started work on a plan to connect the state's ports and make better use of its 600-km coastline. "We want to integrate all these ports and make the entire Kerala into a port city," he said, adding that work was progressing with the help of maritime and shipping experts. Referring to ...
Andhra Pradesh Chief Minister N Chandrababu Naidu has sought the Centre's cooperation to further expand maritime-based economic activities in the state. According to a statement, during his meeting with Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Thursday, Naidu discussed the development of ports in the state, setting up a terminal at Mulapeta Port and establishing a shipbuilding centre at Dugarajapatnam. The chief minister explained that the state is accelerating industrial and commercial development based on its ports by effectively leveraging its long coastline. He said that developing sectors such as shipbuilding, ship repair and marine engineering in conjunction with the existing and proposed ports would create large-scale employment and investment opportunities. Naidu stated that the development of Mulapeta Port in Srikakulam district would give a major boost to commercial activities in North Andhra. He sought the Centre's support for developing th
The CBI challenges a Karnataka High Court order quashing proceedings against MSPL over alleged illegal iron ore procurement and exports; replies are due in two weeks.
Paradip's capacity expansion, the proposed Bahuda port and a Kendrapara shipbuilding cluster anchor Odisha's maritime investment pipeline of more than ₹50,000 crore.
The Centre has notified the major ports of Deendayal (Kandla), Jawaharlal Nehru (Nhava Sheva), Paradip, and Adani Group's Mundra Port as mega ports. The Ministry of Ports, Shipping and Waterways, in a gazette notification, said the central government, under sub-section (1) of section 73 of the Indian Ports Act, 2025 (27 of 2025), notified the criteria for classification of a port as a mega port; whereas major ports of Deendayal (Kandla), Jawaharlal Nehru (Nhava Sheva), Paradip, and Mundra Port, a port other than the major ports, satisfy the said criteria. India has 12 major ports and over 200 non-major ports. The 12 major ports are Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V O Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port.
DGFT withdrew recognition of 15 inspection agencies over certification lapses, while metal scrap importers flagged penalties, added costs and shipment disruptions
Environmental clearances for ports, harbours, breakwaters and dredging will be valid initially for 20 years, with extensions of up to another 10 years
The environment ministry has extended the validity period of environmental clearances (ECs) granted for ports, harbours, breakwaters, and dredging projects from the existing 10 years to 20 years, with provisions for two further extensions of up to five years each. The development comes four months after the ministry in May issued a draft notification, proposing to increase the validity of ECs for such projects to 15 years, with an option for a further five-year extension. However, after consultation with stakeholders, it was decided to increase the EC validity to 20 years. In a notification about the changes issued on Monday, the ministry said that the decision was made due to long gestation periods and phased development characteristics of port and harbour projects. The move has drawn sharp reaction from the Congress. In a post on X on Tuesday, senior Congress leader and former environment minister Jairam Ramesh said the latest amendment was "done for the proposed transshipment p
Paradip Port Authority has granted a 30-year concession to AM/NS India special purpose vehicle AMNS Paradip Logistics Pvt Ltd (APLPL) to mechanise CQ-III berth for handling dry bulk cargo on a captive basis. APLPL on Thursday said Paradip Port Authority (PPA) has formally granted the 30-year concession that will ensure seamless cargo movement, enhance AM/NS India's operational efficiency, and reinforce the company's commitment to environmental sustainability. The award of concession (AoC), handed over by the Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, on August 21, is in alignment with the central government's policy to promote coastal shipping as a fuel-efficient, economical, and environment-friendly mode of transport, it said. This arrangement will also enable APLPL to handle iron ore pellet shipments through a fully-mechanised conveyor system directly connected from AM/NS India's pellet plant complex to the berth at Paradip Port. Coastal shipping of iro
The Tata Group could soon enter the commercial shipbuilding space with a proposed $1 billion investment in Kerala. According to Kerala Chief Minister V D Satheesan
Analysts see scope for further valuation gains as JSW Infrastructure executes a large expansion pipeline and targets strong revenue and EBITDA growth through FY28
Coastal cargo keeps ports in the green, as crude, fertiliser woes show in cargo volumes
JNPA said all five container terminals are operating normally and attributed delays in import container evacuation to shortages of trailers and drivers arranged by CFSs and customs brokers
Strong growth across domestic and international ports, logistics, and marine businesses drives profit rise, while cargo volumes and revenues beat estimates
India's ports are transforming from cargo gateways into integrated logistics and industrial hubs, supported by publicprivate partnerships and global best practices, Secretary in the Ministry of Ports, Shipping and Waterways, Vijay Kumar, said on Wednesday. Addressing around 200 investors and industry stakeholders during a round-table held at the Singapore Maritime Week (SMW) 2026 here, Kumar pointed out, "India is steadily - and decisively - moving in the direction" to be in the best position to sustain growth, attract investment, and integrate into global value chains. He shared the growth reported by Indian ports, where capacity has been doubled, and the next frontier is to have world-class efficiency and transshipment. Cargo handling capacity has doubled since 201314, from 1,400 MTPA to 2,771 million tonnes per annum (MTPA), with a target of 3,500 MTPA by 2030 and 10,000 MTPA by 2047. In FY 202526, India's major ports handled over 915 million tonnes - the highest ever - registeri
JNPA says it has maintained operational efficiency despite global supply disruptions, with improved container dwell time, steady cargo movement, and strong performance indicators in FY26
Hours after ceasefire talks between the US and Iran failed to make progress, US President Donald Trump announced a naval blockade in the Strait of Hormuz.
Adani Ports handled 500 million tonnes of cargo in FY26, up 11.1 per cent year-on-year, and reaffirmed its target of reaching 1 billion tonnes by 2030
The firm has identified Dighi Port on the west coast and Gopalpur Port on the east coast as PoR locations; the two ports will support traffic in the Arabian Sea and the Bay of Bengal