Navi Mumbai News

Three cranes collapsed at India's largest container port on the outskirts of Mumbai due to strong winds on Wednesday, police and port officials said.Heavy rainfall has hit India's west coast since Monday night, flooding parts of the financial capital. Wind speeds picked up on Wednesday afternoon, officials said.No one was injured when the cranes collapsed at Jawaharlal Nehru Port Trust, Navi Mumbai Police Commissioner Sanjay Kumar said in a Tweet.The port is still assessing the impact of the collapse on the operations, its chairman, Sanjay Sethi, told Reuters.

Global port operator DP World said its joint venture (JV) with National Investment and Infrastructure Fund (NIIF)  has won the bid to build a Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT)  Mumbai for USD 78 million."Hindustan Infralog Private Limited (HIPL), a joint venture between DP World (65%) and the NIIF (35%), has won the bid to develop and operate the FTWZ at India’s largest container gateway – JNPT for $78mn," said a press statement from the port operator.HIPL is the recently created investment vehicle between DP World and NIIF to invest up to USD 3 billion in ports, logistics and related sectors across the country.

India’s premier container port, Jawaharlal Nehru Port in Navi Mumbai, has signed an agreement with State Bank of India and Development Bank of Singapore for External Commercial Borrowing (ECBB) to the tune of USD 400 Million at a “very competitive” interest rate to improve the infrastructure required for “doubling” its existing capacity to 9.85 Million TEUs annually. The ECB of USD 400 Million ( USD300 Million from the SBI & USD100 from DBS) will be primarily utilised by the JNPT, which has US Dollar denominated foreign currency earnings which can be leveraged for a low cost foreign currency borrowing, for expansion of its existing roads network connecting to its port project as the existing road network for evacuation of traffic is currently operated at a capacity utilisation of 100%.

Mumbai and Nhava-Sheva Ship-Agents Association (MANSA) and Narottam Morarjee Institute of shipping (NMIS) signed a Memorandum of Understanding for lauching a facility for training employees as well as aspirants in the shipping trade as a Corporate Social Objective. Accordingly, the historic signing of the MOU took place in MANSA Conference Hall on 19th November 2015. The MOU was signed by Capt. M. M. Saggi on behalf of NMIS and Capt. Vivek S. Anand on behalf of MANSA in the presence of the Executive Committee, Past Presidents, Women Empowerment , Young MANSA Forum Members of MANSA and  Mr. R. S. Cooper, the 3rd President of MANSA, who happened to be the Founder Member of both NMIS and MANSA.

The formation of a chapter of The Company of Master Mariners of India (CMMI) last week in Kolkata comes as a major break-through. Though CMMI was formed in India in 1956, with its Head office at Mumbai, it was able to establish in 12 chapters at various cities in India such as Chandigarh, New Delhi, Dehradun, Patna, Navi Mumbai, Pune, Visakhapatnam, Chennai, Goa, Mangalore, Bangalore and Kochi. But all effots in establishing a chapter in Kolkata failed for the last sixty years of its existence despite various determined efforts made on several times. According to their spokesman, the difficulty was because a local Kolkata Association of Master Mariners was in existence.

HINODE Maritime Events is conducting the "Conference on Handling Marine Claims and Investigating Marine Casualties". According to the organisers, the program which is scheduled to be held on Wednesday, September 2, 2015 at the Vivanta by Taj - President, Cuffe Parade, Mumbai has received an unusually very good response. There is exceptionally good interest being shown by Marine Claims practitioners, lawyers, insurers, surveyors. * "Cargo Claims and Defences available to Shipowners" by Capt Amol Deshmukh, Head - Marine Claims & Insurance, Celestial Meridian Shipping Pvt. *  Marine Casualty Investigation – Are shipowners ready? *  Mega Incidents from a P&I Club Perspective - Are the Clubs ready?

The Prime Minister Narendra Modi will lay the foundation of a Port- Based Multi-product Special Economic Zone (SEZ) at the prestigious Jawaharlal Nehru Port Trust (JNPT) at Sheva, Navi Mumbai on Saturday, August 16, 2014. The proposed industrial infrastructure in 277 hectares with a total Public and Private investment of INR 4,000 Crore is planned as a Self-Sustainable Integrated Development Project having a potential of generating 1.5 lakh direct and indirect jobs. The ambitious SEZ to be developed through JNPT-SPV (Special Purpose Vehicle) under the Engineering, Procurement & Construction (EPC) mode will be completed in three years.

Mumbai-based Unique Hydrographic Systems (UHS) contracted to supply Seaflex air liftbags to Leighton Welspun. The total value of the project is INR 37,35,066 (approx. US$ 70,000). Seaflex is a specialist in marine air lift buoyancy bags and water load test weights. They provide products for two major areas: Air Lift Bags (ALBs) and Inflatable Buoyancy Units (IBUs) for the recovery of underwater objects and to provide underwater pipeline buoyancy and cable floatation. Leighton…

The Reliance Group is set to make an investment in shipbuilding and dredging with two separate companies. Sources said the petroleum-to-retail giant is expected to invest around $1b each in two companies and has begun talks with international majors for a strategic tie-up for the dredging business. This investment is over and above the $1.3b investment committed for the Rewas Port, off Navi Mumbai. The shipyard will come up at Rewas, where Reliance is setting up a mega port and a special economic zone (SEZ). The company is also looking at a ship repair yard at Kakinada for servicing offshore/platform vessels and rigs. This facility is expected to be the hub for all its offshore activities in the KG basin, where Reliance Industries (RIL) has struck oil and gas in abundance.

News sources including The Economic Times of India say the Reliance Group is set to enter the shipbuilding and dredging markets with two separate companies. Sources said the petroleum giant is expected to invest around $1b each in two companies and has begun talks with international majors for a strategic tie-up for the dredging business. The $2b investment is over and above the $1.3binvestment that the Group is making at Rewas Port, off Navi Mumbai. The shipyard will be built at Rewas, where Reliance is setting up a mega-port and a special economic zone (SEZ). The company is also looking at a ship repair yard at Kakinada for servicing offshore/platform vessels and rigs. The group will repotedly spend around $1b to build dredgers at its own shipyard and other yards.