Transport Update Apr 01, 2016 Shipping Ministry's 3-day summit In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.
Cover Story Mar 01, 2016 We need to build an institutional framework of ties for coastal shipping to really takeoff. Deepak Shetty, DG, Shipping & Additional Secretary, Government of India, Ministry of Shipping, tells Rouhan Sharma that the framework of a hub and spoke model under the Sagar Mala project
Power Update Mar 01, 2016 Vizag Port to run on solar power from next month Vizag port in APis set to run its entire operations on solar power from March, its chairman MT Krishna Babu said. Visakhapatnam Port Trust has commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said.
Transport Update Mar 01, 2016 Improve logistics in coastal shipping for savings: Study A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain.
Finance Update Feb 01, 2016 Shipping Ministry to invest Rs.14,225 cr on port projects In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.
Transport Update Feb 01, 2016 Ministry of Shipping initiates Proj Green Port Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
Cover Story Jan 01, 2016 Ports - Porting Ahead A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
Cover Story Dec 01, 2015 Finding the Right Road The moot question is whether good intent has been accompanied by careful planning. It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.
Feature Dec 01, 2015 Fathoming the deeps The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.