For instance, out of the 111 identified National Waterways, 106 were conceived in 2016 alone. An assertive Nutan Guha Biswas, Chairperson, Inland Waterways Authority of India (IWAI) is confident that the statutory agency will continue to exceed its performance in 2018.
Considerable investments are planned through private sector participation in addition to investments through internal resources of VPT for port modernisation in the major thrust areas of deepening of channels and berths, development of new berths, modernisation and mechanisation of existing berths and improvements in connectivity and other logistics such as multi-model logistic parks, said MT Krishna Babu, Chairman, Port of Visakhapatnam.
Maharashtra is the most industrialised state in the country and is one of the prime movers of IndiaÂ´s success story. Like a true leader, Maharashtra has been showing the way to emulate in fields varying from infrastructure to industrialisation and from education to research.
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
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
Union shipping ministry and the Indian Waterways Authority of India (IWAI) are implementing certain projects with the specific objective of transportation of cargo by Inland Water Transport (IWT) mode. This information was given by union shipping Minister GK Vasan. One such project is the transportation of 3 million tonne of coal every year for 7 years from Haldia (Sandheads) to NTPCÂ’s Power Plant at Farakka through Nati
Paul Antony, Chairman of the Cochin Port Trust (CPT) informed that the port would allot a dedicated terminal for berthing coastal shipping vessels bringing domestic cargo. The terminal is dedicated to bulk and break bulk cargo and it would come up in the Mattancherry Wharf area where the draft is less than six metre. This follows the demand from firms operating coastal ships for a dedicated berthing area for their vessels in all majo
Kerala Chief Minister Oommen Chandy informed that the state would be willing to make further changes to make the financial incentive scheme more useful for the players in the coastal shipping sector. It may be noted that the state government is the first to introduce financial incentives for water transport, by giving a subsidy of Rs 1 per tonne for cargo mov
The participants of a one-day summit on the Coastal Shipping and IWT (inland water transport) in Kerala demanded the government to take steps to promote the sector. Specifically, the participants want the government to grant infrastructure status to coastal shipping on the lines of inland water transport