Others - India Ports Monitor

CSL to acquire 5 per cent stake in Maritech Integrated Maritime Private Limited under USHUS initiative

June 1, 2026 | News & Developments, Others

Cochin Shipyard Limited (CSL) has signed an agreement to acquire a 5 per cent stake in Dehradun-based startup Maritech Integrated Maritime Private Limited under its USHUS startup initiative.

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Logistics port performance index and digital initiatives, launched to modernise maritime sector

June 1, 2026 | News & Developments, Others

India has launched the Logistics Port Performance Index (LPPI) for 2024-25 and four major digital initiatives aimed at modernising the maritime sector

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CBIC introduces remote clearance for sea cargo

May 21, 2026 | News & Developments, Others

The Central Board of Indirect Taxes and Customs (CBIC) has introduced remote clearance for sea cargo, eliminating the mandatory physical boarding of vessels by customs officers before granting entry and sail-out clearances.

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DCIL achieves record turnover in FY 2025-26

May 20, 2026 | News & Developments, Others

Dredging Corportaion of India Limited (DCIL)has recorded its highest-ever annual turnover of Rs 12.14 billion in FY 2025–26, marking the company’s best performance in over five decades.

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SBI Ventures to manage Rs 200 billion Maritime Investment Fund

May 19, 2026 | News & Developments, Others

The Centre has appointed SBI Ventures as the fund manager for the proposed Rs 200 billion Maritime Investment Fund (MIF), a key component of the government’s broader Rs 250 billion Maritime Development Fund.

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CONCOR, PSA Mumbai sign MoU to boost rail cargo connectivity

May 18, 2026 | News & Developments, Others

Container Corporation of India (CONCOR) has signed a memorandum of understanding (MoU) with PSA Mumbai to strengthen rail-based cargo movement between ports and inland terminals.

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$1.5 billion Bharat Maritime Insurance Pool launched

May 13, 2026 | News & Developments, Others

The Department of Financial Services, under the Ministry of Finance, has launched the Bharat Maritime Insurance Pool (BMIP) with a capacity of $1.5 billion, backed by a sovereign guarantee of $1.4 billion (Rs 129.8 billion), on May 12, 2026.

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SMFCL sanctions around Rs 109 billion within five months of commencing lending operations

May 7, 2026 | News & Developments, Others

Sagarmala Finance Corporation Limited (SMFCL) has sanctioned loans worth Rs 108.82 billion within five months of commencing lending operations.

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Dredging Corporation of India secures Rs 21.57 billion fuel deal with Indian Oil Corporation

April 27, 2026 | News & Developments, Others

The Dredging Corporation of India has signed a five-year fuel supply agreement worth about Rs 21.57 billion with Indian Oil Corporation.

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India–South Korea maritime partnership gains momentum with VOYAGES framework

April 21, 2026 | News & Developments, Others

India and South Korea have strengthened bilateral cooperation in shipbuilding, shipping, and maritime logistics through a comprehensive framework titled VOYAGES, following high-level talks between Indian Prime Minister and South Korean President.

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Union Cabinet approves Rs 129.8 billion sovereign-backed Bharat Maritime Insurance Pool

April 20, 2026 | News & Developments, Others

Union Cabinet has approved a Rs 129.8 billion sovereign-backed Bharat Maritime Insurance Pool (BMI Pool) to strengthen the country’s shipping sector and reduce reliance on foreign insurers.

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SCILAL–Synergy Marine pact to boost maritime training

April 7, 2026 | News & Developments, Others

Shipping Corporation of India Land and Assets Limited (SCILAL) has signed a memorandum of understanding with Synergy Marine Group to strengthen India’s maritime training ecosystem.

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DCIL to commission advanced ‘Godavari’ dredger, boosting India’s maritime capacity

March 30, 2026 | News & Developments, Others

The Dredging Corporation of India Limited (DCIL) is set to commission its high-capacity trailing suction hopper dredger (TSHD), DCI Dredge Godavari, in September 2026

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In principle approval given to list Kamarajar Port through an IPO

March 26, 2026 | News & Developments, Others

The Chennai Port Authority has given in principle approval to list Kamarajar Port Limited through an Initial Public Offering (IPO), paving the way for India’s first state-owned port to go public.

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315 projects completed under Sagarmala Programme

March 25, 2026 | News & Developments, Others

Under the Sagarmala programme, a total of 315 projects have been completed, while 210 are currently under implementation and another 320 are in the planning phase.

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Dredging Corporation of India targets Rs 30 billion topline with expansion push

March 23, 2026 | News & Developments, Others

The Dredging Corporation of India Limited (DCIL) plans to more than double its topline to Rs 30 billion in the next five to six years, up from about Rs 11.48 billion in FY 2024-25.

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Centre sets asset monetisation target of Rs 2,637 billion for ports under NMP 2.0 for FY 2025-26 to FY 2029-30

February 26, 2026 | News & Developments, Others

Central Government has set asset monetisation target of Rs 2,637 billion for ports under the National Monetisation Pipeline (NMP) 2.0 for FY 2025-26 to FY 2029-30.

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Kerala government sign MoUs with three central PSUs to build a logistics ecosystem around Vizhinjam International Seaport

February 23, 2026 | News & Developments, Others

The government of Kerala has signed memorandum of understandings (MoUs) worth Rs 20 billion with three central public sector undertakings (PSUs) to build a comprehensive logistics ecosystem around the Vizhinjam International Seaport.

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Adani Ports, Marseille Fos sign MoU to strengthen India-Europe trade corridor

February 18, 2026 | News & Developments, Others

Adani Ports and Special Economic Zone Limited signed a memorandum of understanding (MoU) with Port of Marseille Fos to strengthen trade connectivity between India and Europe through the India-Middle East-Europe Economic Corridor (IMEC).

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Centre allocates funds for Machilipatnam Port Connectivity Project in Andhra Pradesh

February 10, 2026 | Announced/Approved, Civil, News & Developments, Others, Project Updates

The Government of India (GoI) has allocated funds worth

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Category: Others

CSL to acquire 5 per cent stake in Maritech Integrated Maritime Private Limited under USHUS initiative

Logistics port performance index and digital initiatives, launched to modernise maritime sector

CBIC introduces remote clearance for sea cargo

DCIL achieves record turnover in FY 2025-26

SBI Ventures to manage Rs 200 billion Maritime Investment Fund

CONCOR, PSA Mumbai sign MoU to boost rail cargo connectivity

$1.5 billion Bharat Maritime Insurance Pool launched

SMFCL sanctions around Rs 109 billion within five months of commencing lending operations

Dredging Corporation of India secures Rs 21.57 billion fuel deal with Indian Oil Corporation

India–South Korea maritime partnership gains momentum with VOYAGES framework

Union Cabinet approves Rs 129.8 billion sovereign-backed Bharat Maritime Insurance Pool

SCILAL–Synergy Marine pact to boost maritime training

DCIL to commission advanced ‘Godavari’ dredger, boosting India’s maritime capacity

In principle approval given to list Kamarajar Port through an IPO

315 projects completed under Sagarmala Programme

Dredging Corporation of India targets Rs 30 billion topline with expansion push

Centre sets asset monetisation target of Rs 2,637 billion for ports under NMP 2.0 for FY 2025-26 to FY 2029-30

Kerala government sign MoUs with three central PSUs to build a logistics ecosystem around Vizhinjam International Seaport

Adani Ports, Marseille Fos sign MoU to strengthen India-Europe trade corridor

Centre allocates funds for Machilipatnam Port Connectivity Project in Andhra Pradesh

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