The approvals include a greenfield shipbuilding cluster on the western coast and financial support for one of India’s largest ship repair facilities. The Ministry of Ports, Shipping and Waterways (MoPSW) has accorded in‑principle approval for a greenfield shipbuilding cluster in Porbandar district of Gujarat and a state‑of‑the‑art ship repair facility at the port town of...
Tag: Maritime
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India-EU Set to Deepen Cooperation on Sustainable Ship Recycling
The EU has proposed forming a joint working group to drive the next phase of this partnership. India and the EU have reaffirmed their commitment to closer cooperation in sustainable ship recycling, expressing confidence in the progress made toward including Indian facilities under the European Union Ship Recycling Regulation (EUSRR). On Wednesday, Union Minister for...
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Kandla is Major Port of the Year
Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.
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Kandla is Major Port of the Year
Kandla Port Trust (KPT) was a prominent winner at the prestigious Maritime and Logistics Awards (MALA) 2014, organised by Exim India in Mumbai recently.
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Opportunities on the horizon
India plans to more than double its port capacity to 3,200 million tonne at an investment of Rs 2.87 trillion by 2020, drivin the demand for more port handling equipment. Sudheer Vathiyath trains through the prevailing trends in port equipment market.
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GMB mulls maritime cluster to boost port infrastructure
AK Rakesh, Vice-Chairman and Chief Executive of Gujarat Maritime Board (GMB) informed that the organisation would develop a maritime cluster on the lines of such centres in Singapore and Dubai. The regulator for all non-major ports and shipping activities in the state also plans to develop two port cities. The maritime cluster approach, an important component of government policy in the US, the UK, Sing
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Enabling environment holds the key
Logistics companies are slowly adopting best practices from around the world, helped by the ongoing efforts to modernise and create capacity in transportation and related infrastructure. M Gurunathan projects the growth for logistics in brick-and-mortar terms.
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Govt to create 280 mn t cargo handling capacity in FY14
Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis
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Govt to create 280 mn t cargo handling capacity in FY14
Union Shipping Ministry plans to create cargo handling capacity of 280 million tonne (mn t) at major ports in the country mainly through the public-private-partnership (PPP) mode during 2013-14. In 2012-13, the port awarded 32 port projects with a predictable investment of Rs 6,700 crore. Speaking at the 50th National Maritime Day celebrations, Union Shipping Minis
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Maritime states oppose proposed regulator
Maritime states in the country are opposing the proposal of the union Ministry of Shipping (MoS) to set up a Port Regulatory Authority under the Ports Regulatory Authority Bill. Following this, the ministry is rethinking the proposal for establishing such a regulator, reports suggest.The prop
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