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...
Tag: coastal shipping
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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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The Great Maritime Reset
As part of its Amrit Kaal Vision 2047, India has undertaken systemic reforms as well as initiated the construction of mega ports and transhipment hubs to reclaim its position as a global maritime superpower, opine Jagannarayan Padmanabhan and Parul Singhal Garg. The Amrit Kaal Vision 2047 expands the goals of the Maritime India Vision 2030...
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Coastal shipping viable after demonetisation | Hyundai
Due to coastal shipping becoming economically viable after demonetisation, automajor Hyundai has decided to increase its monthly shipment through this mode. The Korean major has also said that demonetisation has led to ´less supply of trucks´ and coastal shipping is a ´blessing in disguise´ to meet the orders.
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For the first time in 70 years, logistics personnel are getting trained
The Logistics Sector Skill Council (LSC) trains candidates at the entry level for the warehousing sub sector. Training is done on specific job roles such as pickers/ packers/ binning /kitting/labelling and forklift and reach truck operators, and warehouse supervisors i.e., an ´outcome´ based training, which ensures candidates are job ready from day one.
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India´s largest container port needs Rs.500 crore more to beef up ops
India´s largest container port, Jawaharlal Nehru Port, will be spending nearly Rs500 crore in the next two-three years to beef up evacuation of cargo and further increase connectivity with the hinterland.
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Govt´s incentives for coastal shipping
Shipping Ministry released detailed guidelines for implementing a financial scheme to incentivise shifting some portion of the cargo now carried by rail
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Government plans big push for coastal shipping
The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.
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Vizag Port gets dedicated berth for coastal cargo
Visakhapatnam Port is planning to develop a dedicated berth for coastal shipping within six months, which will help to save time in handling coastal cargo, according to the Chairman MT Krishna Babu.
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The Water Route
Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy