The Union Minister for Ports, Shipping and Waterways emphasised significant opportunities for Omani companies to participate in Indiaās rapidly expanding port and maritime sector. On the 70th anniversary of diplomatic ties between India and Oman, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal called for closer collaboration to establish a green shipping corridor between...
Category: Ports & Shipping
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Project Kaundinya: OneWeb Connectivity Powers Indian Navyās Historic INSV Kaundinya Voyage
The vesselās traditional design left it without modern communication systems, making OneWeb the expeditionās sole means of connectivity. During INSV Kaundinyaās 18-day voyage along the historic India-Oman trade route in the Indian Ocean, Eutelsatās OneWeb provided highāspeed Low Earth Orbit (LEO) satellite connectivity to the ship. Inspired by ancient Indian shipbuilding techniques, the traditionally built...
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Project Kaundinya: INSV Kaundinya Voyage Revives IndiaāOman 5,000-Year-Old Maritime Legacy
Named after the legendary Indian mariner Kaundinya, the vessel embodies Indiaās maritime knowledge, craftsmanship, and sustainable shipbuilding traditions. A project initiated four years ago was successfully fulfilled when the traditionally crafted stitched sail ship INSV Kaundinya reached Oman on Wednesday, reinforcing Indiaās millenniaāold maritime prowess. The vessel completed its maiden voyage from Porbandar in Gujarat...
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Centreās ā¹2.35 Billion Port Push in Tamil Nadu, Sonowal Flags Maritime-Led Growth
These include port infrastructure and digital governance projects at Chennai Port Authority and nearby Kamarajar Port Ltd. The Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, has unveiled port infrastructure and digital governance projects worth ā¹2.35 billion at Chennai Port Authority and Kamarajar Port Ltd in Chennai. Sonowal said the projects reinforce the Centreās...
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Centre Approves ā¹8.87 Billion Mumbai Marina to Boost Coastal Shipping and Maritime Tourism
Indiaās financial capital is set to host a worldāclass marina that aims to stand alongside leading global destinations such as Florida, Singapore and Dubai. The Union Government has approved the Viksit Bharat Mumbai Marina project in Mumbai Harbour at an estimated cost of ā¹8.87 billion, marking a major push for coastal shipping, maritime tourism and...
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India Launches First AllāElectric Tug at Deendayal Port, Accelerates Green Maritime Shift
Through its Green Tug Transition Programme (GTTP), India plans to induct 50 green tugs by 2030, beginning with 16 in Phase 1 between 2024 and 2027. India has taken a decisive step toward maritime decarbonisation with the launch of its first allāelectric green tug under the Green Tug Transition Programme (GTTP). On Wednesday, the Union...
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India Secures Top Vote in IMO Council ReāElection for 2026-27
India secured 154 of 169 valid votes at the 34th IMO Assembly in London, topping the category of nations with the largest stake in international seaborne trade. India has been reāelected to the Council of the International Maritime Organization (IMO) for the 2026-27 biennium, securing the highest number of votes in Category B, which represents...
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IWAI Signs ā¹13.5 Billion MoUs to Boost Ganga Waterway in Uttar Pradesh
During India Maritime Week (IMW) 2025 in Mumbai, IWAI signed agreements covering river cruises, ship repair, multimodal connectivity, and cleanāenergy transport along National Waterwayā1. Inland Waterways Authority of India (IWAI), the nodal agency under the Ministry of Ports, Shipping & Waterways (MoPSW), has announced agreements worth more than ā¹600 billion for the development and expansion...
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SMFCL Board Clears $3 Billion Borrowing Plan to Accelerate Maritime Infrastructure Financing
The corporation has outlined a comprehensive financing framework to support the entire maritime value chain, with particular emphasis on vessel financing. In a major boost to Indiaās maritime financing ecosystem, the board of Sagarmala Finance Corp. Ltd (SMFCL) has approved an overall borrowing plan of ā¹250 billion ($3 billion) to support infrastructure development across the...
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IWAI Signs MoUs to Boost Assamās Inland Waterways and Industrial Logistics
The agreements seek to strengthen Assamās inland water transport network and industrial logistics. The Inland Waterways Authority of India (IWAI), the nodal agency for the development of waterways, has signed two memoranda of understanding (MoUs) to strengthen Assamās inland water transport network and industrial logistics, marking a major step in advancing sustainable connectivity and regional...