Page 4 - Shipping Ports

Kochi poised to become important shipbuilding hub, says Sarbananda Sonowal

The minister said that CSL is the biggest operational ship repair ecosystem infrastructure in South Asia

The Red Sea crisis: Commerce department flags rising import cost

The Red Sea strait is vital for 30 per cent of global container traffic and 12 per cent of global trade

Land Ports in India facilitates trade worth Rs 76,000 cr in 2023: Report

A total of Rs 76,319.2 crore trade was registered in 2022-2023, with a movement of 24,79,180 passengers in the same period, the report mentions

War, weather put global ocean shippers on notice for rough seas in 2024

Maersk on Friday joined other major ocean carriers in rerouting ships away from the Red Sea to avoid missile and drone attacks in an area that leads to the vital Asia-Europe Suez Canal shortcut

Smooth sailing for US-sanctioned vessel carrying Russian crude oil

According to reports, the vessel, NS Century, is one of the three that has regularly been shipping Russian crude oil to India. It is expected to reach India's Vadinar Port in Gujarat on Saturday

NAP for Green Shipping promotes eco-friendly practices, says Jagannathan

The National Action Plan for Green Shipping promotes eco-friendly practices and incentives for low-emission ships, positioning India's maritime sector for a prosperous and environmentally responsible future, Director General of Shipping Shyam Jagannathan said on Wednesday. Speaking at the 13th edition of the South Asia's largest maritime exhibition and conference -- INMEX SMM India 2023 -- here, Jagannathan also said that the sector's vision encompasses quadrupling port capacity, clean energy fuel hubs, and cruise tourism growth, among others. The three-day conference, which is being hosted in the city in collaboration with German exhibition organiser Hamburg Messe und Congress, will cover several issues concerning the industry, including green shipping and digitalisation, among others. "The National Action Plan for Green Shipping promotes eco-friendly practices and incentives for low emission ships, positioning India's maritime sector for a prosperous and environmentally responsibl

Traffic in Suez Canal remains unaffected after collision of two tankers

The two tankers were separated after the collision

Ship carrying nearly 3,000 Mercedes, BMW cars on fire near Netherlands

The unfortunate incident resulted in the loss of a crew member's life and raised worries on fuel leaks and harm to the delicate Wadden Sea UNESCO World Heritage Site

Sagar Sampark: Made-in-India navigation system for ships inaugurated

The shipping ministry said the navigation system will assist mariners with safe navigation and will reduce the risk of collisions, groundings, and accidents

Centre to come up with policy to extend port lease beyond 30 years

As things stand, there is no provision to extend port operating agreements that were signed in the late 90s and the early 2000s

Centre to finance almost 30% of green shipping projects in the country

Decision taken at shipping ministry's annual chintan shivir

Govt invites EOIs for Rs 41,000 cr port project in Great Nicobar Island

The Ministry of Ports, Shipping and Waterways has invited expressions of interest (EOI) from interested players for a Rs 41,000 crore international transhipment port project at Great Nicobar Island in the Bay of Bengal. The ministry in a release on Friday said that the project is expected to be complete with an investment of Rs 41,000 crore (USD 5 billion), including investment from both government and PPP concessionaire. The proposed port in the Andaman and Nicobar Islands will have ultimate capacity to handle 16 million containers per year and in the first phase will handle above 4 million containers. Other projects planned around the transhipment port include airport, township and power plant, it added. The project is located on the international trade route, with existing transhipment terminals like Singapore, Klang and Colombo in proximity. According to the statement, the project focuses on three key drivers which can result in making it a leading container transhipment port,

Foreign shipping lines may stop services for cash-strapped Pakistan

The ship agents have forewarned the cash-strapped Pakistani govt that all export cargoes could come to a halt as foreign shipping lines are considering stopping services

Govt to amend 114-year-old the Indian Ports Act, bring in reforms

Bill aims level-playing field for ports, new dispute resolution mechanism

No port, vessel related charges on coastal shipping for 6 months: Govt

To provide respite to waterway transportation from high fuel prices, the Shipping Ministry has directed all major ports to exempt coastal shipping operations from port and vessel charges for 6 months

Shipping Ministry looks to make govt ports competitive against pvt peers

Minister asks for plan to build mega ports by 2047, develop new technologies

MoPSW to expedite Rs 1,913-cr 'high-impact' projects under Gati Shakti

Rs 62,627-crore ports, shipping, and waterways projects part of the Gati Shakti - National Master Plan

Customs asks Adani Ports to explain ban on cargo from 3 nations: Report

The department 10 day ago sent a letter to tell India's largest port operator it needed permission, says ET.

Shipping Corp second quarter profit soars 71% to Rs 243 crore

The shipping company had reported a net profit of Rs 141.89 crore in the corresponding quarter of the previous fiscal

Court grants NIA 10-day custody of 3 accused in Mundra drug haul case

A special court here on Monday granted the National Investigation Agency (NIA) 10-day remand of three persons