The Union Minister for Ports, Shipping and Waterways emphasised significant opportunities for Omani companies to participate in India’s 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 Navy’s Historic INSV Kaundinya Voyage
The vessel’s traditional design left it without modern communication systems, making OneWeb the expedition’s sole means of connectivity. During INSV Kaundinya’s 18-day voyage along the historic India-Oman trade route in the Indian Ocean, Eutelsat’s OneWeb provided high‑speed 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 India‑Oman 5,000-Year-Old Maritime Legacy
Named after the legendary Indian mariner Kaundinya, the vessel embodies India’s 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 India’s millennia‑old maritime prowess. The vessel completed its maiden voyage from Porbandar in Gujarat...
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Centre’s ₹2.35 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 ₹2.35 billion at Chennai Port Authority and Kamarajar Port Ltd in Chennai. Sonowal said the projects reinforce the Centre’s...
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Centre Approves ₹8.87 Billion Mumbai Marina to Boost Coastal Shipping and Maritime Tourism
India’s financial capital is set to host a world‑class 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 ₹8.87 billion, marking a major push for coastal shipping, maritime tourism and...
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India Launches First All‑Electric 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 all‑electric green tug under the Green Tug Transition Programme (GTTP). On Wednesday, the Union...
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India Secures Top Vote in IMO Council Re‑Election 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 re‑elected 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 ₹13.5 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 clean‑energy transport along National Waterway‑1. Inland Waterways Authority of India (IWAI), the nodal agency under the Ministry of Ports, Shipping & Waterways (MoPSW), has announced agreements worth more than ₹600 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 India’s maritime financing ecosystem, the board of Sagarmala Finance Corp. Ltd (SMFCL) has approved an overall borrowing plan of ₹250 billion ($3 billion) to support infrastructure development across the...
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IWAI Signs MoUs to Boost Assam’s Inland Waterways and Industrial Logistics
The agreements seek to strengthen Assam’s 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 Assam’s inland water transport network and industrial logistics, marking a major step in advancing sustainable connectivity and regional...