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  • Cabinet approves Rs 1,600 crore subsidy for Indian-flagged merchant ships Jul 14, 2021 05:35 PM IST

    Cabinet approves Rs 1,600 crore subsidy for Indian-flagged merchant ships

    The scheme is aimed at encouraging ship owners to acquire vessels to participate in global tenders, which will also help increase jobs in the sector.

  • As exports rise, container prices increase at major Indian ports Jun 09, 2021 06:53 PM IST

    As exports rise, container prices increase at major Indian ports

    The average price of a 20-ft dry container in Mundra at the end of May stood at around $1,550 compared to $1,163 in June 2020, while for Nhava Sheva in Navi Mumbai, it was at $1,700 in May against $1,075 in June 2020, market sources told Moneycontrol.

  • Indian ports on east coast restrict activities ahead of cyclone May 23, 2021 10:23 PM IST

    Indian ports on east coast restrict activities ahead of cyclone

    The Indian Meteorological Department (IMD) has warned that a "very severe cyclonic storm" would impact Indian states including Odisha and West Bengal, where key ports are located.

  • Customs authorities rise to the occasion as medical consignments pour in from abroad Apr 27, 2021 03:43 PM IST

    Customs authorities rise to the occasion as medical consignments pour in from abroad

    Customs authorities are running the extra mile to quickly clear emergency medical equipment to help stressed hospitals that are running out of oxygen supply. Clearance is much faster now, even though many importers say customs procedures remain very cumbersome.

  • Freight traffic handled by 12 major ports in India contracted 4.6% Y-o-Y in FY21 Apr 05, 2021 06:58 PM IST

    Freight traffic handled by 12 major ports in India contracted 4.6% Y-o-Y in FY21

    Ports' freight traffic showed a year-on-year increase for the fifth consecutive month in March. Ports' freight traffic boomed in March, rising 16.4 percent on year, the largest in at least a year.

  • Adani Ports and SEZ to bring rail operations under one platform Mar 17, 2021 01:29 PM IST

    Adani Ports and SEZ to bring rail operations under one platform

    Adani Track Management Services’ objective is to look after all the rolling stock and rail tracks of the company. At present, Adani Ports and SEZ has 60 trains and manages a 620-km-long railway track

  • PM Modi says $82 billion being invested in ports, invites global firms to be part of India's growth trajectory Mar 02, 2021 12:32 PM IST

    PM Modi says $82 billion being invested in ports, invites global firms to be part of India's growth trajectory

    Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways.

  • India’s average ship turnaround time at major ports improves Feb 24, 2021 07:43 PM IST

    India’s average ship turnaround time at major ports improves

    Ports are considered to be the major growth engines of a country and efficient port management with faster turnaround time holds the key to a nation’s economic development.

  • Interview | DFCs to raise rail share in freight traffic to 45%: Ravindra Kumar Jain, MD, DFCCIL Feb 16, 2021 04:28 PM IST

    Interview | DFCs to raise rail share in freight traffic to 45%: Ravindra Kumar Jain, MD, DFCCIL

    DFCs have faced many difficulties, the biggest one was land acquisition and the second one was the removal of shifting of utilities.

  • Union Budget 2021 | Ship Recycling capacity to double by 2024, generate 1.5 lakh jobs Feb 01, 2021 02:36 PM IST

    Union Budget 2021 | Ship Recycling capacity to double by 2024, generate 1.5 lakh jobs

    Nirmala Sitharaman said post-enactment of the law, around 90 ship recycling yards at Alang in Gujarat have already achieved HKC-compliant certificates.

  • Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation Nov 05, 2020 10:19 AM IST

    Exclusive | PM Modi’s mega infra push: 50 large projects identified, govt expects massive employment generation

    Instead of a separate urban employment programme, the government believes that its limited resources, due to the impact of COVID-19 on the economy, are better spent on infrastructure outlay.

  • Major ports' cargo traffic falls for 6th straight month in September; logs 14% drop in H1 FY21 Oct 11, 2020 10:21 AM IST

    Major ports' cargo traffic falls for 6th straight month in September; logs 14% drop in H1 FY21

    Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month in September 2020.

  • Cargo volume at major ports drops 22% to 93 MT in Apr-May; Chennai, Cochin among severely hit Jun 07, 2020 12:07 PM IST

    Cargo volume at major ports drops 22% to 93 MT in Apr-May; Chennai, Cochin among severely hit

    Ports like Chennai, Cochin and Kamrajar saw their cargo volumes nosedive over 40 percent, while Kolkata and JNPT suffered a drop of over 30 percent during April-May.

  • COVID-19 | Focus on reforms to enhance efficiency of Indian ports May 07, 2020 11:09 AM IST

    COVID-19 | Focus on reforms to enhance efficiency of Indian ports

    As countries emerge out of lockdowns and the economy and trade links revive, there’s an opportunity for India to attract more global cargo traffic — especially traffic that moves away from China

  • Govt announces Rs 50 lakh compensation for port employees in case of death due to COVID-19 Apr 29, 2020 11:00 AM IST

    Govt announces Rs 50 lakh compensation for port employees in case of death due to COVID-19

    The compensation has been announced for any death due to COVID-19 till September 30, 2019 and the situation will be reviewed after that.

  • Operations at three ports run by India's Adani disrupted: Sources Apr 13, 2020 03:57 PM IST

    Operations at three ports run by India's Adani disrupted: Sources

    There was no truck movement at three Adani ports in the state of Gujarat on the west coast, Mundra, Dahej and Tuna, the sources said. Additionally, berthing of container vessels was disrupted at Mundra, they said.

  • Free falling LNG – one of the worst affected victims of coronavirus Feb 12, 2020 09:38 AM IST

    Free falling LNG – one of the worst affected victims of coronavirus

    While coronavirus has accelerated the fall in the last few months, there is also a structural weakness in LNG prices, which the current crisis has exposed

  • Cabinet gives in-principle approval for setting up 13th major port Feb 05, 2020 08:39 PM IST

    Cabinet gives in-principle approval for setting up 13th major port

    Development of the port will enable handling of container vessels of 16000-25000 Twenty Foot Equivalents (TEUs) capacity.

  • Cargo traffic at non-major ports grew 4.8% to 447.21 MT in April-December Jan 29, 2020 12:23 PM IST

    Cargo traffic at non-major ports grew 4.8% to 447.21 MT in April-December

    During the April-December 2019-20, Directorate of Ports at Odisha recorded highest growth in traffic at 64.2 per cent followed by Ports of Tamil Nadu Maritime Board (34.1 per cent), Directorate of Ports, Puducherry, 27.7 per cent) and Ports Management Board, Andaman & Nicobar Islands (25.4 per cent) against the corresponding period of the previous fiscal, as per the report.

  • There will be keen competition for taking over Concor Nov 22, 2019 09:36 AM IST

    There will be keen competition for taking over Concor

    The only fly in the ointment is opposition to privatisation by the unions

  • Major ports' cargo traffic share hits 58%: Report Jun 21, 2018 07:28 PM IST

    Major ports' cargo traffic share hits 58%: Report

    On the contrary, traffic handled by about 200 minor ports, either on the control of the state governments or private players, has been on the decline from 2014-15.

  • Major ports to desalinate sea water: Nitin Gadkari Apr 17, 2018 09:32 PM IST

    Major ports to desalinate sea water: Nitin Gadkari

    "Paradip Port, Kamarajar Port & VO Chidambarnar Port under the Ministry of Shipping are all set to pioneer water recycling and desalination of sea water in the port premises," the Shipping, Road Transport & Highways Minister said.

  • No FDI in defence, ports, coal in April-December: Govt Mar 19, 2018 06:16 PM IST

    No FDI in defence, ports, coal in April-December: Govt

    The other three sectors, which were not able to attract foreign inflows are - photographic raw film & paper, dye-stuffs and coir, according to the data shared by Minister of State for Commerce and Industry C R Chaudhary in a written reply to the Lok Sabha.

  • Major ports to form SPVs to develop 111 rivers as NWs: Nitin Gadkari Mar 04, 2018 01:44 PM IST

    Major ports to form SPVs to develop 111 rivers as NWs: Nitin Gadkari

    Parliament in 2016 had given nod to convert 111 rivers across the country into National Waterways (NWs), in addition to existing 5 NWs, a move to boost movement of goods and passengers via rivers and expectedly reduce the transportation costs substantially.

  • Centre to form committee to push 12 stalled port projects Jan 03, 2018 07:13 PM IST

    Centre to form committee to push 12 stalled port projects

    The committee, which will be headed by Finance minister Arun Jaitley, will have representations from other ministries including Shipping and Law. Members from NITI Aayog will also be a part of this committee

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