Galathea Bay : New major port can be game changer
NICOBAR : A quarter century after Kamarajar Port was named the country’s 12th major port, the mega international container transshipment port (ICTP) at Galathea Bay — in the Great Nicobar Island in the Bay
Indian coastal vessels may trade licence-free for domestic operations
NEW DELHI : The Union Cabinet has approved the Coastal Shipping Bill, 2024, which will remove the requirement for Indian-flagged vessels to acquire a general trading licence to operate on coastal waters once it
Odisha : National Waterways 5 to connect Talcher with Paradip and Dhamra Ports
BHUBANESWAR : In a major boost for Inland Waterways, Talcher will be connected with major ports including Paradip and Dhamra in Odisha.The Odisha government is working with the Inland Waterways Authority of India (IWAI)
Union Cabinet approves Coastal Shipping Bill, 2024
NEW DELHI : ‘mygovindia‘-Union Cabinet chaired by Shri Narendra Modi approved Coastal Shipping Bill, 2024 & repeal Part XIV of Merchant Shipping Act 1958 except section 411A. It will benefit Indian ship owners, non-vessel
IWT offers robust growth opportunities via PPPs
NEW DELHI : The Indian Inland Waterways Transport (IWT) sector presents significant opportunities for growth through public-private partnerships (PPPs), and the government is eyeing expansion of the PPP model to drive development, according to
HSL signs contract with VPA for 60T BP Tug construction
NEW DELHI : Hindustan Shipyard Limited (HSL) signed a contract with Visakhapatnam Port Authority (VPA) on Wednesday for construction of 60T Bollard Pull Tug. The tug will be designed in-house with IRS Class, is
Bangladesh Shipping Ministry issues warning against trade with sanctioned vessels
DHAKA : The Department of Shipping in Bangladesh, under the Ministry of Shipping, has issued a stern warning to all maritime stakeholders in the country, prohibiting any engagement with vessels or cargoes subject to
Coastal Shipping Bill 2024 awaits Cabinet’s approval soon
NEW DELHI : Shares of Shipping Corporation of India (SCI) and Great Eastern Shipping Company jumped up to 5 per cent on the BSE amid reports that the Centre is likely to approve the