Ports In India

Centre looks to close Chabahar port negotiations by end of FY23

With the international framework broadly agreed on, talks pick up the pace

South India ports log surge in traffic as ships skip crisis-hit Sri Lanka

Industry bodies said at least 10 per cent of normal cargo is being diverted from Sri Lanka to Indian ports due to multiple reasons like congestion and shortage in fuel availability

Union Minister asks ports to prepare plan to become mega ports by 2047

The three-day Chintan Baithak of the Ministry of Ports, Shipping and Waterways (MoPSW) chaired by Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal concluded on Tuesday

Traffic movement at India's major ports rises 7% in FY22, says govt

The Inland Waterways Authority of India (IWAI), the statutory body in charge of the waterways in India under the ministry, transported a total of 105 million tonnes of cargo through national waterways

Adani Ports fourth quarter profit surges 288% to Rs 1,321 crore

Total expenses declined to Rs 2,526.91 crore against Rs 3,099.18 crore.

Container shortage eases, waiting time at ports down: Govt official

The shortage of containers has been eased with 58 per cent additional exports being managed in March year-on-year

Pradhan seeks investment in port development on Odisha coastline

Pradhan on Wednesday urged investors to invest in development of ports in Odisha

Cochin Port to sign MoUs worth Rs 2,825 cr at Maritime India Summit 2021

Cochin Port will sign nine MoUs worth Rs 2,825 crore at the second Maritime India Summit 2021 to be held held on March 2-4, the government said on Wednesday. Cochin Port Trust is one of the 12 major ports in the country. "Cochin Port Trust (CoPT), one of the major port trusts in India, will sign 9 MoUs of Rs 2,825 crore (as of today) at 2nd Maritime India Summit 2021 scheduled to happen on 2nd to 4th March 2021," Ministry of Ports, Shipping and Waterways (MoPSW) said in a statement. These MoUs will be majorly signed between Fertilisers and Chemicals Travancore Limited (FACT); Kottayam Port & ICD Services; IOCL; IGTPL; etc. The MoUs will be signed in the areas like dredging for maintenance of channels and basins, coastal connectivity, cargo handling, tourism related projects, aviation fuel terminal, deepening and widening of port channels, etc. "The Ministry of Ports, Shipping, and Waterways is also in process of finalising more than 217 MoUs to be signed in conjunction with the ..

Adani Ports to invest Rs 10,000 crore to develop Dighi Port

Adani Portsand Special Economic Zone (APSEZ) on Tuesday said it has completed the acquisition of Dighi Port for Rs 705 crore and would invest over Rs 10,000 crore in developing it as an alternate gateway to JNPT. JNPT is India's largest container port and is one of the 12 major ports in the country. APSEZ completed the acquisition of 100 per cent DPL for Rs 705 crore on February 15, 2021....DPL, the 12thport to join APSEZ's string of economic gateways across the eastern and western coast of India would establish the company's footprint in Maharashtra, the largest contributor to India's GDP, APSEZ said in a statement. This would enable APSEZ to service customers in Maharashtra whichincludes the highly industrial areas and development in the Mumbai and Pune regions, it said. APSEZ plans to invest over Rs 10,000 crore to develop the port into a multi-cargo port with world class infrastructure as well as investing in the development of rail & road evacuation infrastructure for ...

JSW Infra completes acquisition of Chettinad Group's port biz for Rs 1K cr

JSW Infra will also modernise its port assets which now have a combined cargo handling capacity of 17 million tonnes per annum

Adani Ports completes Rs 12,000 cr deal for 75% stake in Krishnapatnam

The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts

Country to get 13th major port at Vadhavan in Maharashtra for Rs 65,544 cr

The Vadhavan port will be developed on "landlord model" (where infrastructure is leased to private firms or industries and chemical plants)

FM says govt looks at corporatisation, listing of at least one major port

Major ports in the country have an installed capacity of 1,514.09 million tonne per annum

Ports to lease out land for warehouses, manufacturing to earn more revenue

Five major ports - Kandla, Tuticorin, Kamarajar, JNPT and Paradip - have invited private sector players to build warehouses

Govt finalises blueprint for modernisation of 12 major ports

Union minister Nitin Gadkari has said a blueprint of 142 expansion projects has been finalised to modernise 12 major ports and develop new harbours at a cost of about Rs 90,000 crore. These 12 ports under the administrative control of the Centre saw a growth of 3.24 per cent in cargo to 326.4 million tonne (MT) in the April-September period this fiscal as against 316.1 MT in the corresponding period last fiscal. "A master plan for modernisation of the 12 ports besides development of new ports has been finalised. These ports are growth catalysts of modern India," Shipping, Road, Transport, Highways and Water Resources, River Development & Ganga Rejuvenation Minister Nitin Gadkari told PTI. Gadkari said a total of 142 expansion projects worth more than Rs 90,000 crore have been identified for these ports and timely delivery of projects will give the much needed boost to the economy, besides shaping Prime Minister Narendra Modi's vision of new India. "Out of the 142 ...