As per reports, Adani Ports and Special Economic Zone (APSEZ) is in discussions with Shapoorji Pallonji Group to acquire its Gopalpur Port in Odisha for up to Rs 11-12 billion in equity value.
Read MoreJSW Dharamtar Port Private Limited, a wholly owned subsidiary of JSW Infrastructure Limited (JSWIL) has…
Read MoreThe Ministry of Ports, Shipping and Waterways (MoPSW) has assigned top priority for critical projects in Assam to become operational by January 2024.
Read MoreMore than 800 projects, worth more than Rs 5.74 trillion, are being monitored under the Sagarmala Programme, which will be implemented by 2035.
Read MoreIndian Oil Corporation Limited (IOCL) has proposed to expand the capacity of its liquefied natural gas (LNG) terminal located inside Kamarajar Port in Chennai.
Read MoreDuring the Global Maritime India Summit (GMIS) 2023, 360 memorandum of understandings (MoUs) with an investment requirement of Rs 8.35 trillion signed.
Read MoreOn October 18, 2023, 70 memorandum of understandings (MoUs) were signed with an investment of Rs 2.37 trillion. These MoUs focus on various industries of maritime sector such as port development and modernisation, green hydrogen and ammonia, port led development, business and commerce, ship building, knowledge sharing and port connectivity.
Read MoreAs per reports, about 34 agreements worth Rs 3.24 trillion were signed on October 17, 2023 during Global Maritime India Summit.
Read MoreSeven Islands Shipping Limited has recently acquired three second-hand medium range oil tankers for an undisclosed amount.
Read MoreThe Director General of Shipping has reported that the National Action Plan for Green Shipping promoting eco-friendly practices and incentives for low-emission ships, would help position India’s maritime sector for a prosperous and environmentally responsible future.
Read MoreIn a recent development, India and Russia discussed to widen maritime cooperation including possibility of usage of new transport corridors like the Northern Sea Route (NSR) and the Eastern Maritime Corridor (EMC) between Vladivostok and Chennai.
Read MoreThe Ministry of Ports, Shipping and Waterways (MoPSW) has received over 20 expressions of interest (EoI) from firms which are interested in participating in green hydrogen generation, storage, bunkering and refuelling projects being developed across Deendayal, V. O. Chidambaranar (VOC) and Paradip ports.
Read MoreThe Union Minister of Ports, Shipping and Waterways (MoPSW) dedicated projects worth Rs 2.17 billion to the nation on September 4, 2023.
Read MoreAs per reports, the Syama Prasad Mookherjee Port (SMP) (Kolkata Port), is offering about 60 acres of its land in Kolkata for setting up first multi-modal logistics park (MMLP) in the state.
Read MoreThe Container Corporation of India (CONCOR) is currently developing a multi modal logistics park (MMLP) within the Kadakola Industrial area in Mysore.
Read MoreThe Minister of Ports, Shipping and Waterways has reported that the government will soon put together the bureau of port security towards upgrading security across all the ports in the country.
Read MorePSA BDP has signed a memorandum of understanding (MoU) with Dow Chemical International Private Limited (Dow India) to create a zero emissions green transport corridor in Nhava Sheva.
Read MoreThe Union Minister of Ports, Shipping and Waterways has announced that the West Bengal is poised to receive investment worth Rs 1 trillion in maritime sector and that will make the state a maritime hub in the near future.
Read MoreDredging Corporation of India (DCI) has reported a profit of Rs 151.5 million for quarter 1 FY 2024.
Read MoreAs per the revised funding guidelines, the fund contribution from Sagarmala Programme (from the Ministry of Ports, Shipping and Waterways (MoPSW) budget) in any project will be limited to 50 per cent of estimated project cost as per detailed project report (DPR) or tendered cost, whichever is lesser.
Read More