Business Standard

Thursday, December 19, 2024 | 08:37 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Coastal Shipping

Top headlines: FMCG demand up in Feb, Torrent moves SC against NCLAT order

Business Standard brings you the top headlines at this hour

Top headlines: FMCG demand up in Feb, Torrent moves SC against NCLAT order
Updated On : 08 Mar 2023 | 8:32 AM IST

Centre likely to identify five coastal shipping projects for PPP in FY24

The aim is to connect vital, high-demand economic areas which have an infrastructure deficit or traditional transport like roadways and railways that have reached saturation

Centre likely to identify five coastal shipping projects for PPP in FY24
Updated On : 07 Mar 2023 | 10:53 PM IST

After budget announcement, Centre to revise guidelines for coastal ferries

Coastal shipping is an important cog in the Centre's larger plan to meet its net-zero carbon emission targets

After budget announcement, Centre to revise guidelines for coastal ferries
Updated On : 13 Feb 2023 | 9:38 PM IST

Centre okays GSI's bid to purchase 2 coastal vessels worth Rs 245.07 cr

The Centre on Thursday said it has given its go-ahead to a proposal by the Geological Survey of India (GSI) to purchase two coastal vessels costing Rs 245.07 crore. The induction of these vessels will increase the exploration activities of GSI in the marine sphere which has huge resources of heavy minerals within the territorial waters of the east and west coast of the country, it added. "The Ministry of Mines has approved the proposal of the Geological Survey of India to procure two coastal vessels as a replacement to the existing vessels here today. The project is at an estimated cost of Rs 245.07 crore," according to an official statement. The proposed vessels are planned to go further beyond the territorial waters for collecting baseline data as well as identifying mineral potential areas.

Centre okays GSI's bid to purchase 2 coastal vessels worth Rs 245.07 cr
Updated On : 22 Dec 2022 | 10:51 PM IST

This shipping company is rerouting its ships. To save blue whales

The Mediterranean Shipping Company (MSC) has started to re-route its ship on the shipping lanes off the Sri Lankan coast in a bid to save the massive blue whales

This shipping company is rerouting its ships. To save blue whales
Updated On : 14 Sep 2022 | 11:24 AM IST

High freight rates, rake shortage hit coastal coal shipping plan

Inadequate rake supply continues to haunt railways despite its numerous claims of intervention

High freight rates, rake shortage hit coastal coal shipping plan
Updated On : 24 Jul 2022 | 10:52 PM IST

Plan made to refloat container ship blocking Suez Canal using tide

The company that owns the giant container ship stuck sideways across the Suez Canal said an attempt will be made to refloat the vessel by taking advantage of tidal movements later Saturday.

Plan made to refloat container ship blocking Suez Canal using tide
Updated On : 27 Mar 2021 | 9:50 AM IST

Suez Canal steps up efforts to free stuck vessel, Biden offers help

US President Joe Biden said his administration was looking at what it could do to help

Suez Canal steps up efforts to free stuck vessel, Biden offers help
Updated On : 27 Mar 2021 | 8:13 AM IST

$31 billion lined up for 400 port projects across 7,500-km coastline: PM

PM Modi says govt is keen to promote use of renewable energy in maritime sector, is on course to install solar and wind-based power systems at all major ports

$31 billion lined up for 400 port projects across 7,500-km coastline: PM
Updated On : 02 Mar 2021 | 10:28 PM IST

Cabinet nod likely on Coastal Shipping Bill in Dec: Mansukh Mandaviya

A Bill to boost cargo movement along the country's 7,500-km coastline is likely to get the Cabinet nod in December, Union Minister Mansukh Mandaviya said

Cabinet nod likely on Coastal Shipping Bill in Dec: Mansukh Mandaviya
Updated On : 15 Nov 2020 | 11:58 AM IST

Domestic coastal shipping sees more competition, rise in tonnage

Domestic coastal shipping has been and continues to grapple for a return cargo on the west coast

Domestic coastal shipping sees more competition, rise in tonnage
Updated On : 24 Mar 2019 | 11:28 PM IST

Sagarmala project a game-changer? Low tide for coastal shipping

Even as Pepsico tests India's river routes, Hyundai is rethinking its plans

Sagarmala project a game-changer? Low tide for coastal shipping
Updated On : 19 Nov 2018 | 8:42 PM IST

Govt to get ADB report on coastal shipping issues, remedies by December

The Ministry of Shipping is expecting the Asian Development Bank (ADB) to submit a report on the issues in the coastal shipping and suggest remedies, by December, this year. The Government is also discussing with the Bangladesh government for a tie up to allow Indian cargo to go through the rivers in Bangladesh territory, to transport cargo from West Bengal to the North Eastern States like Tripura, said a senior official from the Ministry.Speaking to the reporters in the sidelines of CII Port Conclave 2018, organised by Confederation of Indian Industry (CII), Kailash K Aggarwal, joint secretary of Ministry of Shipping, said, "We are trying to analyse various constrains commodity-wise. We have assigned a study to ADB to analyse each and every constrains and trying to address the issues."Every alternate week there is discussion between the ministry and ADB team and there are discussions with various stakeholders, boards, industries and ministries. The study is expected to be submitted ..

Govt to get ADB report on coastal shipping issues, remedies by December
Updated On : 25 Sep 2018 | 11:54 PM IST

Staggering 265-fold hike in labour levy at ports killing coastal shipping

The notional charge is being imposed by major ports even though they are now mechanised, and don't need labour to load and unload cargo

Staggering 265-fold hike in labour levy at ports killing coastal shipping
Updated On : 17 Mar 2018 | 11:38 PM IST

Nitin Gadkari urges auto makers to opt for coastal shipping mode

He recalled that India had signed a coastal shipping agreement with Bangladesh during Narenda Modi's 2015 visit there

Nitin Gadkari urges auto makers to opt for coastal shipping mode
Updated On : 28 Oct 2017 | 11:05 PM IST

Navi Mumbai, Karwar ports get funds for coastal shipping

The Union ministry of shipping has sanctioned grants under the Sagarmala Coastal Berth Scheme for Jawaharlal Nehru port (JNP) at Navi Mumbai and Karwar port in Karnataka. The government of Karnataka will get Rs 50 crore for developing a breakwater at Karwar and JNP will Rs 25 crore to develop a coastal berth.The money will partially support Rs 385 crore of infrastructure projects in these ports. The one at JNP involves construction of a coastal berth and port craft jetty, reclamation and capital dredging. The estimated project cost is Rs 170 crore, to be complete by March 2019. The proposed berth is expected to handle 2.5 million tonnes of coastal traffic.The project at Karwar involves extension of the existing southern breakwater by 145 metres and construction of a north breakwater of 1,160 metres. The estimated cost is Rs 215 crore and it is expected to be complete in three years. Karwar is situated between the New Mangaloret and Mormugao ports. It is one of the best natural ...

Navi Mumbai, Karwar ports get funds for coastal shipping
Updated On : 27 Oct 2017 | 9:17 PM IST

Coastal shipping cargo movement to double by 2025

The Union ministry of shipping aims to double the share of transportation of cargo through coastal shipping and inland water navigation by 2025 from six per cent under Sagarmala programme.Presently about 54 per cent of the cargo are transported through the roads, 33 per cent by rail, seven per cent by pipelines and six per cent by coastal shipping."In the total modal mix in India, coastal shipping accounts for six per cent. We aim to double it by 2025. Doubling it will be gigantic task", said Rabindra Kumar Agarwal, joint secretary (Sagarmala) at ministry of shipping at a workshop on Sagarmala Implementation (Promoting coastal Shipping and Inland Navigation in India) here.He said, there is potential for transportation of coal, steel, cement , fertilizers and automobiles through coastal shipping.Reports say that the promotion of coastal shipping and inland navigation will help to reduce the congestion on the road and rail network.The transportation of cargo through coastal shipping ..

Coastal shipping cargo movement to double by 2025
Updated On : 13 Jul 2017 | 9:21 PM IST

Mumbai Port leads the way as coastal shipping catches on

Port currently handles iron ore, cement, petro products, steel; now eyes agri products, engg goods

Mumbai Port leads the way as coastal shipping catches on
Updated On : 08 Feb 2017 | 1:46 AM IST

Domestic shipping companies see coastal shipping miles away

Inadequate infrastructure, lack of confidence pertaining to regulatory affairs making coastal shipping least friendly

Domestic shipping companies see coastal shipping miles away
Updated On : 29 Sep 2016 | 3:31 PM IST

Coastal shipping: Govt reworks port financial support scheme

Statement said the country has high potential to use coastal shipping for its internal cargo movement, given its 7,500-km long coastline

Coastal shipping: Govt reworks port financial support scheme
Updated On : 29 Aug 2016 | 9:21 PM IST