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...
Category: Ports & Shipping
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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...
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Northeast to Anchor Indiaās Inland Waterways Revival, Says Shipping Minister Sonowal
Speaking at an energy conclave in Guwahati on Thursday, Sonowal said the rapid modernisation of Indiaās inland waterways is unlocking major economic opportunities while strengthening petroleum supply chains and export routes from Assam to Bangladesh and Southeast Asia. Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal has stated that inland waterways, particularly those in...
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Green Ferry Infrastructure on Yamuna to Transform Delhi Cruises and Transport: Sonowal
Developed at an estimated cost of ā¹200 million, the Yamuna Boat Tourism and Ferry Infrastructure Project is currently under review, with facilities being readied to support future operations. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that river cruises and ferry services in Delhi will receive a fillip with the launch of...
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RVNL Expands Beyond Rail with ā¹5.35 Billion Visakhapatnam Port Authority Infrastructure Deal
The partnership signals RVNLās strategic shift from a railāfocused enterprise to a comprehensive infrastructure provider, in line with its vision of āFrom Rail Infra to All Infraā. Rail Vikas Nigam Ltd (RVNL), a Navratna public sector enterprise under the Ministry of Railways, has signed a memorandum of understanding (MoU) with Visakhapatnam Port Authority (VPA) for...