Government Of India News

15 Oct 2019

India to Develop 204 Minor Ports

Photo: PIB

The government of India will put in place a comprehensive plan to develop 204 minor ports in the country in the next six months to boost coastal shipping and inland waterways, Union Minister Mansukh Mandaviya said. These minor ports will be developed so that it can support 12 major ports in India. Small cargo will reach to major port from minor ports and boost EXIM cargo, the minister said.All these ports have been centers of maritime activity in the past, and if revived, they can once again become important centers of sea trade.

16 Sep 2019

India Opens Second Multi-Modal Terminal

The Sahibganj multi-modal terminal on the River Ganges is now open for business. Indian Prime Minister Shri Narendra Modi inaugurated the new terminal yesterday (September 12, 2019). Also pictured are the Governor of Jharkhand State,Smt. Draupadi Murmu; the Union Minister for Tribal Affairs, Shri Arjun Munda; the Chief Minister of Jharkhand State, Shri Raghubar Das; and the Ministers of State for Agriculture and Farmers Welfare, Shri Parshottam Rupala and Shri Kailash Choudhary, plus other digni

The Government of India opened its second multi-modal terminal (MMT) yesterday, September 12, 2019. Located on the River Ganges at Sahibganj in Jharkhand State, the new terminal is now ready for business following the completion of a two-year construction project managed by the Inland Waterways Authority of India (IWAI). India’s Prime Minister Narendra Modi laid the foundation stone for the $40.32 million project in April 2017.Phase one of the terminal was inaugurated by Prime Minister Modi via a two-way digital communication system during an event held in Ranchi…

04 Aug 2019

Hazira Terminal Grows 22% in Q1 of 2019-20

Pic: Essar Bulk Terminal Ltd

Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third-party business during the first quarter ended 30 June 2019, on a year- on-year basis.The Company achieved an overall cargo throughput of 7 MT (million tonnes) in Q1 FY2019-20, of which 1.1 MT was third-party cargo. The share of third-party cargo in overall cargo volumes also rose to 15.7%.According to the port operator…

02 Aug 2019

India to Promote Sea and Coastal Tourism

Pic: PIB, Mansukh Mandaviya

To explore the opportunities in Coastal Tourism, the Shipping and Tourism Ministry may soon set up a committee that will think of strategies to promote cruises and sea sports, the government of India said.The Minister of State for Shipping Mansukh Mandaviya and  Minister of State for Tourism & Culture, Prahlad Singh Patel discussed  the immense potential for  maritime tourism in the country.In a  meeting between the two Ministers held in New Delhi yesterday, the two  ministers…

25 Jul 2019

India Takes Steps to Check Marine Pollution

The Minister of State for Shipping (Independent Charge) Mansukh L. Mandaviya. Photo: Press Information Bureau, India

The government of India has taken various preventive steps taken by the Government of India to check marine pollution, said the Minister of State for Shipping Mansukh Mandaviya.The Minister informed that India is a signatory to MARPOL (International Convention on Prevention of Marine Pollution). In addition,  Prevention of Marine Pollution is also dealt with by Merchant Shipping Rules, 2009 framed under the Merchant Shipping Act, 1958.The Minister also said  that periodic surveys of Indian flag vessels are carried out in order  to ensure compliance to the above rules.

11 Jul 2019

India Develops 111 Inland Waterways

Pic: Inland Waterways Authority of India

The government of India has informed that 111 waterways are being developed in phased manner as National Waterways (NWs) in the country for the purpose of shipping and navigation.The Minister of State for Shipping Mansukh Mandaviya that various initiatives have been taken by the Government to increase the use of Inland Waterways and Coastal Shipping for greater cargo shipment.These include providing assured depth of water in the channels, navigation aids like GPS and River Information System…

04 Jul 2019

MACN's Port Integrity Campaign in India

Pic: Maritime Anti-Corruption Network (MACN)

The Maritime Anti-Corruption Network (MACN) has announced the launch of a groundbreaking Port Integrity Campaign in India, with the support of the Government of India.The global business network of over 110 companies working together to tackle corruption in the maritime industry said that the campaign, which aims to reduce and (in the long term) eliminate integrity issues and bottlenecks to trade during operations in Indian ports, is a collective action of MACN, the Government of India…

31 May 2019

India: New Shipping Minister Takes Charge

Mansukh Lal Mandaviya . Photo: PIB

Mansukh Lal Mandaviya took charge of the Shipping Ministry Friday as Minister of State (Independent charge).A Rajya Sabha (or Council of States is the upper house of the bicameral Parliament of India) member of the ruling political party Bharatiya Janata Party (BJP) from the state of Gujarat, Mandaviya has become Union minister for the second time at the age of 47.With 12 major ports, projects like Sagarmala Program, an initiative by the government of India to enhance the performance of the country's logistics sector…

08 Mar 2019

Indian Govt Sells Stake in Dredging Corporation

Pic: Dredging Corporation of India (DCIL)

The Union government of India (GoI) has concluded the strategic sale of Dredging Corporation of India (DCIL) to a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust & Deendayal Port Trust.The share purchase agreement was executed between GOI and the four ports on March 08. The government held 73.47 per cent equity stake in the company.Of 73.47 per cent, the Vishakapatnam Port Trust bought 19.47 per cent, Paradeep Port Trust 18 per cent…

19 Feb 2019

India: Locally Built Ships Priority in Chartering

Indian Prime Minister Narendra Modi. Pic: PIB

The government of India has revised guidelines for chartering of ships by providing the right-of-first-refusal (RoFR) to ships built within the country, a move to promote the Make in India initiative and incentivise shipbuilding activity.Henceforth, whenever a tendering process is undertaken to charter a vessel, a bidder offering a ship built in India will be given the first priority to match the L1 quote. It is expected that this priority given to ships built in India will raise the demand for such vessels…

17 Feb 2019

Anadarko, Bharat Petroleum Sign LNG Deal

Pic: Anadarko Petroleum Corporation

American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources (BGR) for the supply of liquefied natural gas (LNG) volumes from the Mozambique LNG development.The sale and purchase agreement (SPA) is for 1 million tonnes per annum (MTPA) for a term of 15 years. BGR is a wholly owned subsidiary of Government of India controlled  oil and gas giant Bharat Petroleum Corporation Ltd.

01 Feb 2019

India Pitches for Blue Economy

India's Interim Finance Minister Piyush Goyal. Photo: PIB

The government of India has allocated a budgetary support of USD 266mln to shipping sector in the interim budget presented by Interim Finance Minister Piyush Goyal.The government has pitched for development of India’s Blue Economy with the Finance Ministry proposing an impressive USD 77mln under Sagarmala. This allocation was up from USD 53 mln (revised estimates) allocated during 2018-19.Underlining importance of developing India’s 7,500 km long coastline and converting them into industrial hubs…

07 Jan 2019

Chabahar Port Begins Commercial Operations

Pics: Press Information Bureau

Commercial operations began at ndia Ports Global Chabahar Free Zone (IPGCFZ), at Chabahar with the arrival of a vessel after Government of India took over the operations.A Cyprus registered bulk carrier had arrived at Chabahar with 72458 MT of corn cargo. The vessel MV MACHERAS berthed at the terminal at 0130 hrs on 30th December 2018. Thus IPGCFZ carried out its first cargo operation by discharging the imported cargo(ex Brazil) using pneumatic un-loaders.India has written a history with its engagement in Chabahar, claimed a governement release.

16 Dec 2018

India's Sagarmala Completes 89 Projects

Indian Shipping Minister Nitin Gadkari. Photo: PIB

Sagarmala Programme, an initiative of Government of India to enhance the performance of logistics sector in India, saw the completion of 89 projects, while 443 projects worth USD 5.9 bln are under various stages of implementation and development.SagarmalaProgrammeaims  to promote port-led development with a view to reducing logistics cost for EXIM and domestic trade.Ministry of Shipping, along with the State Governments are striving to increase the overall port capacity to 3500+ million metric tonnes per annum (MMTPA) to cater to the projected traffic of 2500 MMTPA by 2025.Towards this end…

11 Oct 2018

Indian Ports Register Growth 5.12% During April to September, 2018

Graphics: Press Information Bureau

The major ports in India have recorded a growth of 5.12% and together handled 343.26 Million Tonnes of cargo during the period April to September, 2018 as against 326.54 Million Tonnes handled during the corresponding period of previous year.According to the government of India, for the period from April ‘17- September 2018, Nine Ports (Kolkata (incl.Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic.The highest growth was registered by Kamarajar Port (19.66%)…

12 Sep 2018

GRSE Announces Public Offer

Photo: GRSE

Garden Reach Shipbuilders & Engineers Limited, proposes to open on September 24, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a offer for sale 29,210,760 Equity Shares by the Promoter, The President of India, acting through the Ministry of Defense, Government of India (“The Selling Shareholder”).The offer includes a reservation of up to 572,760 equity shares for subscription by eligible employees (as defined herein) (“Employee Reservation Portion”).

04 Jan 2019

India Takes Over Iran's Chabahar Port

Map: Strategic Frontier Research for Defence

India has formally taken over operations at Iran’s strategic Chabahar Port. According to the government of India, India Ports Global Chabahar Free Zone (IPGCFZ) a special purpose vehicle (SPV) of Indian Ports Global (IPGL) in Iran has taken over interim operation of the Chabahar Port with effect from December 24.Representatives from India, Iran, and Afghanistan met in Tehran to formally hand over control to IPGL.Accoding to IRNA news agency, IPGL had been granted the lease for…

27 Jul 2018

India Spurring Port Development

Indian Prime Minister Narendra Modi. Photo: Press Information Bureau

The government of India has identified 243 projects at a total cost USD 21 billion have been identified for enhancing the infrastructure at Indian ports upto 2035,  under Sagarmala Program.Out of these 44 projects (USD 1.25 bln) have been completed and 79 projects (USD 53 bln) are under implementation. These projects are being implemented by Major Port Trusts, State Maritime Boards, State Government/UTs and Private Sector.12 Major ports have spent USD 791 mln  in the last two…

31 Jul 2018

India Issues New Guidelines for Investment in Ports

Indian Prime Minister Narendra Modi. Photo: PIB

India's Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports.One major initiative is to improve the returns earned on treasury investments by the ports for pension, provident and surplus funds. Across all major ports, these funds add up to around INR  33,000 crore (USD 4.8 billion), yielding interest of around INR 2,700 crore (USD 394 million)Looking for ways to push this amount further, the Ministry…

01 Aug 2018

Inland Waterways Authority of India Goes Online for Cargo Movers

Photo: Inland Waterways Authority of India (IWAI)

The Inland Waterways Authority of India (IWAI) yesterday launched a dedicated portal to connect cargo owners and shippers with real time data on availability of vessels.The Government of India is developing National Waterways as a key transport intervention, as part of an integrated transport network strategy, which will help correct the transport modal mix that imposes huge logistics costs on the Indian economy. At present the cost of logistics in India, at 15 per cent of GDP…

06 Jan 2019

India to Build 50 MW LNG Power Project in Andaman

Photo:  NTPC Ltd

Indian Prime Minister Narendra Modi laid the foundation stone of the 50 Mega Watt liquefied natural gas (LNG) based power project in south Andaman. The will take around 18 months to be operational.NTPC Limited’s wholly-owned subsidiary NTPC Vidyut Vyapar Nigam (NVVN) will build the plant which is expected to improve the quality of life of the residents of Andaman and Nicobar Islands and boost the economic development.The plant shall be operational through Dual Fuel — LNG or HSD…

31 Jan 2019

Siemens Gamesa to Suppy 270 Turbines in India

Image: Siemens Gamesa Renewable Energy

Siemens Gamesa Renewable Energy (SGRE)  has won a new order in India from ReNew Power, India's large largest renewable energy independent power producer (IPP), for the supply of 270 SG 2.1-122 wind turbines with a total capacity of 567 MW.The agreement is one of the largest announced in India and will see Siemens Gamesa provide the infrastructure needed to install and operate two wind power facilities, 127 SG 2.1-122 wind turbines for the project in Bhuj, Gujarat and 143 SG 2.1-122 wind turbines for the project in Davanagree…

13 Dec 2018

25 Vessels Added Indian Flag in Ten Months

Indian Prime Minister Narendra Modi. Photo: PIB

The number of ships under Indian Flag on December 31, 2017 was 1374 while as on October 31, 2018 the number of ships is 1399 (12.79 Million Tonnes). There is an increase of 25 numbers of ships in last 10 monthsAccording to shipping ministry sources, the number of seafarers in India has seen an unprecedented growth of 42.3% due to various policy level changes brought in by the Government in the last four years.The number of seafarers in December’ 17 was 1,54,349 while the number of seafarers now has increases to 1…

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