The 30‑year concession will streamline cargo movement and boost AM/NS India’s operational efficiency. The Paradip Port Authority (PPA) has formally granted an award of concession to AMNS Paradip Logistics Private Ltd (APLPL), a special‑purpose vehicle of AM/NS India, for mechanisation of Central Quay (CQ)‑III berth to handle dry bulk cargo on a captive basis with...
Category: Ports & Shipping
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SDHI Secures Svitzer Contract to Build Four Advanced TRAnsverse 3200 Tugs
The TRAnsverse 3200 tugs will run on biofuels, meet global emission standards, and feature advanced firefighting systems. Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy engineering company, has won a contract from Denmark‑based towage operator Svitzer to construct four advanced TRAnsverse 3200 tugs. Deliveries are scheduled to begin in early 2028. This...
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Sonowal Calls for Technology‑Led Maritime Security as India’s Port Network Grows
The Union Minister stressed that India’s expanding port network and growing role in global trade demand resilient, integrated systems capable of countering emerging cyber and geopolitical threats. Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, has called for a technology‑led transformation of India’s maritime security architecture, reiterating that the country’s expanding port network and...
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INS Malvan Commissioned with AM/NS India Steel Backbone
The specialised steel from the company’s Hazira facility reflects the growing role of domestic manufacturers in India’s defence ecosystem and maritime security. In a major boost to self‑reliance in advanced steelmaking, ArcelorMittal Nippon Steel India (AM/NS India) supplied 100 per cent of the specialised steel required to build INS Malvan. The Indian Navy’s latest indigenously...
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Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says
LNG transits through the Strait of Hormuz dropped from almost 0.8 cargoes daily in late June to only 0.2 by July 15, vessel tracking data shows. A renewed escalation in the US-Iran conflict is sharply reducing liquefied natural gas (LNG) exports from the Persian Gulf, according to new analysis from global energy analytics firm S&P...
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Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
The approvals include a greenfield shipbuilding cluster on the western coast and financial support for one of India’s largest ship repair facilities. The Ministry of Ports, Shipping and Waterways (MoPSW) has accorded in‑principle approval for a greenfield shipbuilding cluster in Porbandar district of Gujarat and a state‑of‑the‑art ship repair facility at the port town of...
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GIFT City Units Freed from Coastal Shipping Licence, Boosting India’s Maritime Finance Hub
This landmark maritime reform is set to drive leasing, financing, and ship‑owning through GIFT City, while opening India’s maritime assets to deeper global capital participation. In a landmark reform, the Centre has exempted units established in the International Financial Services Centre (IFSC), GIFT City, Gandhinagar, from the licensing requirement under Section 11 of the Coastal...
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Kamarajar Port Joins Visakhapatnam as India’s Second 18‑Metre Deep‑Draft Port
This will deliver major economic gains to regional trade while enhancing the port’s competitiveness against domestic and global peers. Kamarajar Port Ltd (KPL) has emerged as a deep‑water port capable of handling Capesize vessels following completion of the sixth phase of its Capital Dredging project. With an operational draft of 18 metres, the port 22...
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Mumbai Port Unveils ₹50.29 Billion Projects on 154th Foundation Day
Agreements aimed at consolidating operations, advancing waterfront development, and optimising asset use were exchanged during the event. The Mumbai Port Authority, India’s oldest major port on the west coast, marked its 154th Foundation Day by announcing 63 projects worth a total of ₹50.29 billion across three phases. These include seven projects for inauguration valued at...
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India-EU Set to Deepen Cooperation on Sustainable Ship Recycling
The EU has proposed forming a joint working group to drive the next phase of this partnership. India and the EU have reaffirmed their commitment to closer cooperation in sustainable ship recycling, expressing confidence in the progress made toward including Indian facilities under the European Union Ship Recycling Regulation (EUSRR). On Wednesday, Union Minister for...