News

Adani Ports is Now Complete Owner Of Krishnapatnam Port In Andhra Pradesh.

Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ), which previously owned 75 per cent of Krishnapatnam Port Ltd. has acquired another 25 per cent stake from Vishwa Samudra Holdings Pvt. Ltd. at a cost of Rs. 28,000 crore.

Transhipment Port, Other Infra Projects planned for Andaman And Nicobar.

The Narendra Modi government's ambitious plan for a transhipment terminal and other infrastructure projects on the Great Nicobar Island, piloted by the NITI Aayog, has cleared the first major hurdle in its way.

Parliament passes bill to provide autonomy to major ports.

Alongside the fears of allies that the Major Ports Authority Bill, 2020 aims at privatization of the country's top 12 major ports, the Port

Creation of world-class infra at ports important for India to become a $5 trillion economy.

According to Vice President M Venkaiah Naidu,creation of world-class infrastructure at ports is important for India to become a USD 5 trillion economy.

Kakinada Gateway Port inks concession agreement with Andhra government to develop commercial port

Kakinada Gateway Port (KGPL), an arm of Kakinada SEZ, has entered into concession agreement with the Andhra Pradesh government for development of a greenfield commercial port at Kona village in East Godavari district

India plans to use Bangladesh's rivers to unlock its landlocked Northeast.

India's northeast is a prisoner of geography. landlocked and ring-fenced by neighbours such as China, Bhutan, Myanmar and Bangladesh, its lone land-based connection with the rest of India is narrow—the 22-km wide 'chicken's neck' in Siligur

Varanasi terminal-an ambitious project to speed up economy.

Prime Minister Narendra Modi received the first container vessel sailed from Kolkata for Varanasi on October 30, carrying cargo belonging to PepsiCo (India) on the Ganga river.

Government envisages waterway freight corridor via Bangladesh to northeastern states.

The government is working on a plan to set up a waterway freight corridor to connect the mainland with the northeastern states via Bangladesh at a cost of Rs 5,000 crore.

Multi-pronged action plan to boost infrastructure in ports in the country

The two-day annual port sector review meeting held at Vishakhapatnam chaired underUnion Shipping Minister Nitin Gadkari

Centre proposes major port at Vadarevu in A.P.

Union Shipping Minister Nitin Gadkari has mentioned that the Centre plans to build a port at Vadarevu in Andhra Pradesh's Praksam district, even as the state government insists that the port be developed in Nellore district.

Projects worth Rs 1.85 lakh cr awarded under Sagarmala by March 2018.

According to an Government statement, projects worth Rs 1.85 lakh crore have been awarded under the ambitious port-led development programme Sagarmala by March 2018.

Projects worth Rs 20,000 crore under implementation to boost Indian Ports capacity

According to a Shipping Ministry official, as many as 39 projects entailing investment of Rs 20,535 crore are under implementation to augment the capacity of 12 major ports.

Rs 8 trillion projects under Sagaramala in motion.Funding remains challenge: ICRA.

The government under the Sagarmala project has set ambitious targets of port modernisation, port connectivity enhancement, port-linked industrialisation and coastal community development for phase-wise implementation until 2035.

Cortec® Offers Environmentally Friendly Preservation System for Ship Owners and Operators Facing Pandemic Challenges

With the outbreak of COVID-19, a new economic landscape has appeared on the maritime scene. Demands for shipping services from tankers, bulkers, container ships, and cruise lines have dropped as one nation after another has been

BEML AT AERO INDIA 2021

BEML is showcasing some of its prime products during AERO INDIA 2021,

River-linking work may start in 3 months

Accoding to Nitin Gadkari, minister for road transport and shipping, work will begin on three Rs 50,000-crore river-interlinking projects within three months.

NRIs can now acquire up to 100% stake in Air India.

The government has altered the Foreign Direct Investment (FDI) norms allowing non-resident Indians (NRIs) to acquire up to a 100 percent stake in Air India.

NHAI resumes toll collection. Truck operators oppose and demand waiver.

The National Highways Authority of India (NHAI) has resumed toll collection across national highways with the new lockdown guidelines coming into force but truck operators opposed the decision, demanding waiver of toll charges for at least six months.

Does the coastline matter?

Does having a long coastline matter? Or to put it another way: What advantages could its coastline provide India?

Govt approves Rs 30,274 cr Delhi-Ghaziabad-Meerut Regional Rapid Transport System

The government has approved construction of a Rs 30,274 crore worth Regional Rapid Transport System (RRTS) to connect the national capital with Meerut through Ghaziabad.