Indian Government News

07 Jul 2020

Opinion: Shame on Port States for the Treatment of Seafarers

Photo Courtesy Robby Norman

Port states benefit greatly from the vessels that call at their ports, loading and unloading cargoes with great efficiency and speed. The items manufactured in those states and sold overseas keep many of their citizens gainfully employed. The items imported supply stock for the stores of their nation and provide goods for their citizens. The physical ports utilized by the vessels are employment magnets, attracting a diverse array of industries.Yet, when the COVID-19 pandemic struck, those port states took swift actions against the very vessels that keep their economies in operation.

27 Apr 2020

Operators Warn of Congestion at Indian Ports

© SNEHIT PHOTO / Adobe Stock

Singapore's PSA International and Indian container freight operators have warned the Indian government that its order to waive container storage charges during the coronavirus lockdown could lead to port congestion, letters seen by Reuters showed.India's Ministry of Shipping asked ports to allow free storage of containers as part of relief measures to ease pressure on companies hit by logistics restrictions because of India's nationwide lockdown.PSA's local unit in a letter to the government on April 24 said importers might not remove their containers from ports due to free storage…

09 Mar 2020

Cochin Port Upgrades Vessel Traffic Management System

The Administration Building of the Cochin Port Trust, which houses the Wärtsilä VTMS control tower. (Photo: Wärtsilä)

The technology group Wärtsilä will upgrade its Vessel Traffic Management System (VTMS) installed in the Indian port of Cochin, bringing additional benefits such as improved traffic monitoring and control.The system was originally delivered in 2008, and the order with Wärtsilä to upgrade the system was placed in February 2020 by the Cochin Port Trust (CoPT). The upgrading project is scheduled for completion by the end of July 2020.According to Wärtsilä, the upgraded VTMS will enable‚Ķ

06 Feb 2020

India Approves $9Bn Deepsea Port Plan

Indian Prime Minister Narendra Modi. Photo: PIB

Indian government has green-lighted a mega container port, to be constructed at a cost of INR655.45bn ($9.2bn) at Vadhavan, around 160 km north-west of Mumbai.The proposal to create the huge port ‚Äď on a ‚Äėlandlord model‚Äô ‚Äď was cleared at a Union Cabinet meeting chaired by Prime Minister Narendra Modi.The proposed port is set to catapult India among countries boasting the top 10 container ports in the world. At the moment, the largest container port in India is Jawaharlal Nehru Port Trust (JNPT)‚Ķ

22 Jan 2020

India Okays Model Pact on Seafarers

Indian Prime Minister Narendra Modi. Photo: PIB

Indian Government approved a model pact with foreign countries that would also allow unilateral recognition of seafarers' competency certificates, thus easing the process for them to seek employment on ships under the flag of that country.The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. This will pave the way for mutual recognition of maritime education and training of seafarers by the countries involved.“The Cabinet has approved a model MoU with foreign countries for unilateral/bilateral recognition of Certificates of Competency of seafarers…

05 Dec 2019

Pirates Kidnap 19 Crew from Tanker off Nigeria

© Christin Boggs Peyper / Adobe Stock

Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria in an area where acts of piracy are on the rise, an official with the ship's operator said on Thursday.The loaded vessel, the Nave Constellation, was attacked 77 nautical miles off Bonny Island on Tuesday and 18 Indians and one Turk from the crew were seized, the official said.Seven other crew members remain on board the vessel. Neither the vessel nor the cargo were damaged, the official said.The shipping…

29 Oct 2019

India, S. Arabia in New Petro Relationship

Indian Prime Minister, Narendra Modi meeting the King Salman bin Abdulaziz Al Saud of Saudi Arabia, in Riyadh, Saudi Arabia on October 29, 2019. Photo: PIB

India and Saudi Arabia have decided to expand its ‚Äėenergy relationship‚Äô into next phase to include Saudi partnership in building additional crude oil storage reserves in India, a new refinery on the west coast of India and investment in retail sector in petroleum.Saudi Arabia is its second-biggest supplier of crude oil after Iraq. It sold 40.33 million tonnes of crude oil to India in 2018-19 fiscal, when the country had imported 207.3 million tonnes of oil.India imports around 18 per cent of its crude oil from the Kingdom‚Ķ

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.

06 Sep 2019

Sri Lanks Invest $190mln on ECT Terminal

Image: Sri Lanka Ports Authority

Sri Lanks will invest a sum of US$ 190 million to installs gantry cairns and also add other infrastructure to the East Container Terminal, said Sagala Ratnayaka, the Minister of Ports, Shipping and Southern Development.He said Sri Lanka Port Authority (SLPA) would initially invest this amount and then get it reimbursed from Japan International Cooperation Agency (JICA)  under a loan agreement.Ratnayaka said that the passenger terminal in the Colombo Harbour too would be developed.

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…

12 Feb 2019

Maersk Uses Inland Waterway in India

Image: Port of Gothenburg

The world's largest container shipping company Maersk Line began moving 16 containers on the Ganga river from Varanasi to Kolkata, the Shipping Ministry of India said.It will be Maersk's first container movement in the 1390-km inland waterway in the River Ganga from Haldia to Varanasi."Maersk Line will move 16 containers on river Ganga (National Waterway-1) from Varanasi to Kolkata tomorrow. The firm is onboard India's inland waterways for the first time," the ministry said in…

12 Feb 2019

LNG Demand to Reach 600 MT in 2035

Image: Qatargas

The energy demand would continue to grow driven by emerging economies and the projected growth in global population, which will touch nine billion by 2040.LNG demand is expected to increase at an average four per cent annually to reach more than 600 million tonnes in 2035 versus 290 million tonnes in 2017, said Qatargas CEO, Khalid bin Khalifa Al Thani.Khalid said, “Natural gas remains the fastest growing fossil fuel globally, benefiting from its flexibility, competitive economics, and low emissions profile.

07 Jan 2019

APM Terminals Inland Services Gets Clearance in India

Pic: APM Terminals Inland Services

APM Terminals Inland Services' integrated Inland Container Depot (ICD) and supply chain solutions facility at Chakan, Pune has achieved a significant first after being awarded an environmental clearance certificate by the Indian government.The certification authorises the facility to store, handle, transport, and deliver hazardous chemicals in any form ‚Äď a critical requirement for all industries dealing with chemicals in domestic and international trade and a key safeguard for‚Ķ

05 Dec 2018

India Plans Deep Dive for Seabed Minerals

© Mykola Mazuryk / Adobe Stock

In the 1870 Jules Verne classic "20,000 Leagues Under the Sea", underwater explorer Captain Nemo predicted the mining of the ocean floor's mineral bounty - zinc, iron, silver and gold.India is catching up with that only now, as it prepares to unearth treasures down below, aiming to boost its economy.The floor of the world's seas is scattered with vast beds of black potato-shaped polymetallic nodules comprising copper, nickel, cobalt, manganese, iron and rare earth elements.These natural goodies are key to making modern gadgets…

01 Nov 2018

No Waiver for Japan on Iran Sanctions

File Image / AdobeStock / © Jose Gill

Japan said on Thursday it had not yet been granted a waiver from a U.S. plan to reimpose sanctions aimed at cutting Iran out of international markets, while the top two customers for Iranian oil, China and India, were awaiting word on possible exemptions.The United States has said it is considering waivers on sanctions for countries that are reducing their imports of Iranian oil. The renewed U.S. sanctions on Iran are set to come into effect on Nov. 4."Japan-U.S. talks have been conducted four times so far on U.S.

30 Oct 2018

Number of Indian Seafarers Jump by 42.3%

The Minister of State for Road Transport & Highways, Shipping and Chemicals & Fertilizers, Mansukh L. Mandaviya. Photo: PIB, Govt of India.

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, said a Minister in India.According to Mansukh Mandaviya, Minister of State for Shipping, Road Transport & Highways, Chemical & Fertilizer, from 108,446 seafarers in 2013, India now has 154,349 seafarers. India now provides 9.35% of the global seafarers and ranks 3rd in the list of the largest seafarer supplying nations in the world.At present, there are 17 lakhs seafarers globally including the 154,349 Indian seafarers.

02 Jan 2018

Maharashtra to Modernize Ports

Jawaharlal Nehru Port Container Terminal. Photo: Jawaharlal Nehru Port (JNPT)

The Indian Government has taken steps to expand and modernise the posts in the state of Maharashtra. The Minister of State for Shipping Mansukh L Mandaviya has informed that at present, there are two major ports and 48 minor ports (non-major ports) in Maharashtra. Both the major ports in Maharashtra, Mumbai Port and Jawaharlal Nehru Port are equipped with modern facilities. The infrastructure augmentation & modernization of Major Port is a continual process. Out of the 48 minor ports…

11 Dec 2017

Advanfort Issues Statement on Release of 'Seaman Guard Ohio' Crew

AdvanFort: the firm is delighted that an Indian appeals court has acquitted and released the 35 crew members and security personnel who were aboard the MV Seaman Guard Ohio when it was illegally detained on October 12, 2013. The Indian Government’s unlawful seizure of the Seaman Guard Ohio and four-year imprisonment of these men on unfounded charges was a gross violation of international law and basic human rights. AdvanFort has expended significant resources and effort to seek the release of these wrongfully detained men and is pleased that justice finally has prevailed. The men of the Seaman Guard Ohio have demonstrated incredible strength and resilience during their prolonged captivity under horrific conditions.

24 Oct 2017

Indian Naval Ship Sukanya at Indonesia

Photo: Indian Navy

In pursuance with India‚Äôs ‚ÄėAct East Policy‚Äô, Indian Naval Ship Sukanya under the command of Commander SA Deodhar, NM arrived at Belawan Indonesia on 24 October 2017 to participate in the 30th edition of CORPAT (Coordinated Patrol) and 3rd Bilateral exercise between the Indian Navy and the Indonesian Navy. The exercise is aimed to foster closer maritime ties with countries located on the rim of the Indian Ocean. The upcoming bi-lateral exercise CORPAT scheduled from 24 October‚Ķ

11 Aug 2017

Investors Enthusiasm in Cochin Shipyard

The Union Minister for Road Transport & Highways and Shipping, Nitin Gadkari addressing at inauguration of the renovated BSE International Convention Hall and Listing Ceremony of Cochin Shipyard Ltd., in Mumbai on August 11, 2017. Photo: PIB

Indian government is committed for infrastructure development and the track record of last three years has increased the faith of the investors which has resulted in 76 times oversubscription of IPO of Cochin Shipyard (CSL), a government flagship company, said Union Minister of Shipping, Nitin Gadkari. He was the Chief Guest at the inauguration of the renovated BSE international convention Hall and Listing of equity shares of Cochin Shipyard in Mumbai. Speaking on the occasion he signifies the success of government’s economic policies…

08 Aug 2017

India Unveils Road Map for Cruise Operations

Indian Shipping Minister Nitin Gadkari addressing at an exclusive preview of the Dawn of Cruise Tourism in India, in Mumbai on August 08, 2017. Photo: PIB, Govt of India

The Shipping and Road Transport and Highways Minister Nitin Gadkari has said that the Indian government is committed to creating the right environment for promoting cruise tourism in the country. Speaking at Dawn of Cruise Tourism in India - an international conference organized by the Shipping Ministry at Mumbai Port today, he said that India has a huge potential of hosting nearly 40 lakh cruise tourists. Given the right impetus, the number of tourist ships visiting India can go up from the present 158 to about 955 per year.

07 Aug 2017

Iran's Chabahar Port will Start by 2018

Nitin Gadkari meeting with First Vice President of Iran Mr Eshaq Jahangiri. Photo: PIB, Govt of India.

The Indian Minister for Shipping Nitin Gadkari has said that the government is keen on developing Chabahar Port in Iran and is hopeful of starting operations by 2018. Gadkari was in Teheran, to represent India at the taking over of office by President Hassan Rouhani for the second term. On the eve of his visit to Iran the Minister said that India and Iran have shared special ties historically. Gadkari informed that civil construction work has already started at the Chabahar Port. The Indian Government has allocated Rs 6 billion for the development of the port.

03 Aug 2017

Cochin Shipyard's $231 Mln IPO Subscribed Over 76 Times

Cochin Shipyard Ltd's initial public offering, which aims to raise up to 14.68 billion rupees ($231 million), was subscribed more than 76 times on the last day of the sale on Thursday, indicating strong interest in the state-run shipbuilder. Investors bid for about 2.59 billion shares, compared with nearly 34 million shares on offer, data from stock exchanges showed as of 0130 GMT. The company, which also repairs ships, was selling about 22.7 million new shares in the price range of 424 rupees to 432 rupees apiece, while the Indian government was selling about 11.3 million shares in the company. SBI Capital Markets, Edelweiss Financial Services and JM Financial Institutional Securities are the lead banks managing the IPO. The stock is set to make its trading debut on or around Aug. 11.

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