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  • Incentive for shipbreaking on the anvil, select shipping and shipyard stocks abuzz on Centre's global ambitions

    MoS for Ports and Shipping, Shantanu Thakur said India has plans to add 10 world-class shipyards in the next five years, supported by public-private partnerships and international collaborations. The Shipping Ministry has plans to develop new shipbuilding clusters of 1-1.2 million Gross Tonnage (GT) each.

  • India's maritime industry a $1 trillion investment opportunity for the world: Sarbananda Sonowal

    The Union minister highlighted opportunities in mega projects such as Vadhavan Port, Galathea Bay Transshipment Port and Tuna Tekra Terminal, alongside investments in green hydrogen hubs, LNG bunkering, shipbuilding, ship recycling, and maritime industrial parks.

  • Sagarmala Finance turns into India's first maritime NBFC after registering with RBI

    Sarbananda Sonowal called the Sagarmala Finance's move to turn into an NBFC as a 'major milestone' in India’s maritime journey. Centre has been talking about strengthening the maritime sector as a key growth pillar of the economy.

  • Patna to soon get water metro services: Sonowal

    The Centre is working hand-in-hand with all states on NW 1 to make inland water transport a pillar of India's sustainable, multimodal future, Sonowal said

  • Sarbananda Sonowal visits Cochin Shipyard, unveils new shipbuilding technology

    During his visit, he introduced the ProArc CNC Plasma Cum Oxy Fuel Plate Cutting Machine, which is Industry 4.0-ready and fully IoT-enabled, allowing for real-time monitoring and early maintenance alerts to improve efficiency

  • Ship-building clusters to come up in five states, says Union Minister Sonowal

    Recognizing the strategic importance of shipbuilding and ship repair, the ministry is developing dedicated clusters in Maharashtra, Kerala, Andhra Pradesh, Odisha, and Gujarat, Sonowal said while highlighting the major accomplishments of his ministry in the first 100 days of the third term of the NDA government.

  • Agreements between India, Bangladesh for river transportation will be honoured: Sarbananda Sonowal

    Operations along the Indo Bangladesh Protocol Route (IBPR) were underway as usual with both countries remaining in talks via diplomatic channels, Sonowal said

  • Resolution of port protests proves govt trying to ensure fair treatment of workers: Shipping minister

    "The timely resolution of these issues reflects MoPSWs commitment to foster a harmonious and productive working environment across all Indian ports," Sarbananda Sonowal said.

  • India's first integrated agri-export facility to come up at Jawaharlal Nehru Port

    This facility, a first in India, will address inefficiencies in logistics, reduce multiple handlings, and extend the shelf life of agricultural products. It will also empower farmers, boost job opportunities, and enhance export capacity.

  • India asks Iran to release nearly 40 Indian seafarers from custody

    Ports, Shipping and Waterways Minister Sarbananda Sonowal made the request during a meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran on Monday.

  • India to ink 10-year Chabahar Port management pact; shipping minister Sonowal on his way to Iran

    The contract of Chabahar Port Operations is a major achievement of India’ s growing maritime reach in the region after launch of Sittwe port in Myanmar, both aimed at neutralising growing Chinese presence in the region, a shipping ministry spokesperson said.

  • Sarbananda Sonowal declares assets worth Rs 4.76 crore

    His movable assets include 10,249 shares of Oil India Limited with a current market value of Rs 59,74,142, bank deposits of Rs 47,59,705, and other investments of Rs 37,00,025.

  • Assam heavyweight rivals share tea ahead of elections. They were both student leaders

    Elections 2024: The encounter saw Sarbananda Sonowal and Lurinjyoti Gogoi exchanging handshakes amidst a fiercely contested electoral battle for the Dibrugarh Lok Sabha seat.

  • Govt to invest Rs 60,000 crore in river cruise tourism, green vessel development by 2047: Sonowal

    "We are going to invest Rs 45,000 crore in river cruise, which will take the passenger capacity from 2 lakh to 15 lakh by 2047," he said on the sidelines of the first Inland Waterways Development Council meeting here.

  • Sonowal chairs meet to review progress of 162 port projects

    According to an official statement, the meeting was held to determine a comprehensive approach towards swift and smooth execution of the 'PM Maritime AmritkaalVision' with the ultimate goal to make India the global maritime leader by 2047.

  • AIIMS hospitals across India to have Ayush departments: Sonowal

    Sonowal was addressing the inaugural session of a two-day conference on Ayurveda and the regional review meeting of Ayush in Haryana's Panchkula.

  • Seventy agreements worth Rs 2.37 lk cr signed on Day 2 of three-day Global Maritime India Summit

    The second round of MoUs signed by the government comes after 34 agreements worth Rs 3.24 lakh crore were signed on the first day of the Global Maritime India Summit

  • MC Interview | New route to Vladivostok making progress, will meet Russian delegation on Nov 9: Shipping minister

    Sarbananda Sonowal says the new route between Vladivostok and Chennai will reduce the distance between India and Russia from the current 8,675 nautical miles to around 5,600. Ministry is in discussions with five international shipping lines for a dedicated service between the two ports

  • Government likely to ease Cabotage rules at Global Maritime India Summit 2023

    Currently, India’s cabotage rules, which govern cargo movement along the coast, bar foreign ships from plying on local routes, with some exceptions

  • Sarbananda Sonowal announces plans to create cruise terminal in Varanasi

    The terminal is set for completion in December 2023 to increase freight movements connecting Nepal to Kalughat and Kalughat to Haldia via waterways.

  • Govt working towards scientifically integrating traditional and modern medicine: Sonowal

    The ministry is working on operationalisation of 12,500 Ayush health and wellness centres through the support of state and Union territory governments under the National Ayush Mission (NAM) by 2023-24, Sonowal said.

  • India stands at cusp of a maritime revolution: Sarbananda Sonowal

    Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has stressed unlocking the vast potential of India's maritime sector.

  • India plans to develop 5,000 km Eastern Grid waterways for trade

    "Eastern Grid can unlock multi-lateral trade potential of $49 billion dollars as Govt remains committed accelerate growth in eastern India," Sonowal said.

  • Sagarmala projects worth Rs 1 lakh cr identified in Andhra Pradesh: Shipping Minister

    Speaking at the Global Investors' Summit being held in Visakhapatnam, Sarbananda Sonowal said some of the projects are focused on roll on roll off (RORO), passenger jetty, fishing, port modernisation and skill development among others.

  • Govt has pipeline of 44 port projects worth Rs 22,900 crore till 2024-25: Sarbananda Sonowal

    Moreover, the government is working on the guidelines for dealing with stressed public-private partnership (PPP) projects at major ports and has also come up with policies to support the shipbuilding industry in India, Sarbananda Sonowal said.

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