Shipping Ministry

In a statement, the ministry said during the event APM Terminals and Jawaharlal Nehru Port Authority (JNPA) signed Memorandum of Understanding (MoUs) worth Rs 20,000 crore, expressing their intent to invest in the Vadhavan Port Project.

MC Exclusive: Govt aims to invite financial bids for Shipping Corp of India by September; list SCI Land & Assets in a month

Shipping Corp of India bids: The government had earlier aimed to list SCILAL on the stock exchanges by June, but the listing process was delayed due to issues pointed out by SEBI.

New ports law, if enacted, likely to take away powers of states, pressure private operators, shipping industry says

Shipping industry experts and market participants have said that the proposed maritime state development council (MSDC), under the new bill, will concentrate a lot of regulator powers with the central government as the head of the council will be the minister for ports, shipping, and waterways.

No port, vessel related charges on coastal shipping for 6 months: Govt

Union Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal has also asked the state governments to lower VAT on diesel used by the shipping sector, the statement said.

Budget 2022: Shipping ministry seeks 60% higher allocations for ship recycling capacity expansion

Senior officials in the ministry said that a detailed presentation was made to the finance ministry on how higher allocations in the budget will help achieve the government’s goal of doubling ship recycling capacity at Alang.

Exclusive | Emergency steps to stem container crisis expected by early next week

The Commerce Department wants more raw materials be transported through bulk carriers, which are massive ships that are designed specifically to carry industrial and agricultural cargo.

Govt issues draft ports bill for consultation

The Bill will bolster structured growth and sustained development of ports and ensure achieving this objective on fast track basis.

Govt to push domestic companies to make cranes for cargo handling; to replace imports worth Rs 1,000 crore

The efforts are aimed at boosting ports-led industries and make India as a key destination for recycling warships and other ships under 'Aatma Nirbhar Bharat', the Shipping Minister said.

Maritime bodies join hands to transport 4,000 Indian seafarers till June 30 on non-commercial basis

The bodies coming together for this initiative include Maritime Association of Shipowners Shipmanagers and Agents (MASSA) and Foreign Owners Representatives and Ship Managers Association (FOSMA).

16,076 crew, passengers onboard ships from China not allowed to disembark on Indian ports: Source

The official said that as per WHO guidelines, scanning of all aboard on the vessels are being done and all necessary facilities were being extended to them.

Govt to come up with port development plan in 6 months for 204 minor ports: Shipping Minister

The decision was taken at the 17th meeting of the Martime State Development Council (MSDC) held here in which secretaries of states participated.

Indian Oil Corporation gets govt nod to buy US crude oil every month this year

The shipping ministry has allowed the country's largest oil firm to import one parcel or cargo of crude oil from the US every month in foreign ships, said a senior oil ministry official.

Cargo traffic at 12 major ports up 7.14% at 535 MT in Apr-Jan

These top ports under the Centre had handled 499.68 MT cargo during the April-January period of the last fiscal.

Mumbai Port plans Rs 225 cr cruise terminal on PPP model

The Mumbai Port, one of the oldest in the country, will be investing Rs 225 crore to build a modern passenger terminal that can cater to cruise ships.

Govt plans 160 MW renewable energy projs at major ports by '17

"The Ministry aims to set up 90.64 MW of solar energy capacity at twelve major ports and 70 MW of wind energy capacity at four major ports by 2017," Shipping Ministry said in a statement.

Paradip Port handles record 8 MT cargo in July

The major growth was contributed with addition of 8 lakh tonnes of POL, 6 lakh tonnes of imported coking coal and 6 lakh tonnes of other cargo like imported lime stone, dolomite etc.

Govt gears up to start LNG barges on Ganga by 2018-end

"Inland Waterways Authority of India (IWAI) and Petronet LNG have been asked to plan and coordinate their work plans in a manner such that LNG barges could commence navigation on NW1 by December 2018," the Shipping Ministry said in a statement.

Maritime Summit nets Rs 83,000-cr investment proposals

As many as 141 agreements entailing investment of Rs 82,900 crore was signed at the summit which was inaugurated by the Prime Minister Narendra Modi yesterday.

Defence Ministry may award Rs 50,000 cr projs to Shiping Min

The Shipping Ministry is collecting all orders from Government of India which includes order for nine LNG ships worth Rs 18,000 crore and private sector will be roped in for the some of these.

78 port projects worth over Rs 50,000 cr in pipeline: Govt

"As on date, 33 public private partnership (PPP) projects having estimated cost of Rs 32,001.30 crore and 280.97 million tonnes capacity are under implementation stage," Minister of State for Shipping P Radhakrishnan said in a written reply to Lok Sabha.

Govt nod to $150 mn credit to Iran for Chabahar Port development

"The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the proposal of the Ministry of Shipping for provision and operationalisation of credit of USD 150 million from EXIM Bank for development of Chabahar Port in Iran," a Shipping Ministry statement said after the meeting.

Shipping Min seeks more budgetary allocation to push waterways

In a bid to boost movement for goods and passengers via waterways, the Cabinet last year approved plans for enactment of a legislation for converting 111 river stretches across the country into National Waterways.

Cochin Port approaches KITCO for study on dredged sand use

"Cochin Port Trust has approached KITCO to undertake a study for utilisation of dredged sand... It is estimated that around 4 million cubic metres of sand is being dredged from an area of about 5 km in the shipping channel and dumped in the outer sea every year," Shipping Ministry said in a statement today.

Govt to award Rs 14,225 cr port projects by March

"During 2015-16, a total of 30 projects are to be awarded which will involve an investment of Rs 14,225 crores and capacity enhancement by 162 MTPA," the Shipping Ministry said in a statement today.

Govt exempts customs and excise duty on use of bunker fuels

One of the issues hindering the growth of coastal shipping has been the levy of customs and central excise duty on bunker fuels which raises cost of transportation, said an official statement.