A new port called Tuna will be built in Kandla, Gujarat, on the western coast of India, approximately 15 kilometers away from the existing Deendayal Port (formerly known as Kandla Port). This ambitious project, costing $510 million, is a partnership between the Indian government’s National Investment and Infrastructure Fund and [...]
India’s Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, highlighted the immense potential of India’s maritime sector. He emphasized that India’s favorable geographic location and dedication to sustainable practices offer unprecedented opportunities. During a gathering with foreign diplomats and officials, Sonowal expressed that India is on the brink of [...]
India, known for its diverse cultural heritage and bustling urban centers, is also a land blessed with a vast coastline along the Indian Ocean and the Arabian Sea. This extensive coastal stretch houses a network of ports that serve as crucial gateways for trade, commerce, and economic development. These Indian [...]
Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, revealed that there are investment opportunities worth more than ₹10 trillion in India’s maritime sector. He made this announcement during the curtain raiser event for the Global Maritime India Summit (GIMS) 2023. The primary goal of the GIMS 2023 event [...]
The recently released World Bank’s Logistic Performance Index (LPI) Report 2023 highlights India’s significant improvement in the global rankings for the “International Shipments” category. India has moved up to the 22nd rank, a substantial improvement from its 44th position in 2014. The country has also secured the 38th rank on [...]
Last year (2022), container volume at Shanghai port exceeded 47.3m teu, maintaining crown the world’s number one container port for 14 consecutive years. However, last year the Chinese port only saw marginal growth over 2021 when it handled 47m teu. As of the end of November 2022 Shanghai port’s largest [...]
The seaport project was stopped for four months last year after the Latin Catholic church and fishermen’s community allegedly disrupted the construction, alleging it triggered massive coastal erosion that will take away their dwellings and livelihood. Efforts are on to finish the construction of Vizhinjam international port quickly and bring [...]
Adani Ports and Special Economic Port Ltd (APSEZ) has begun work on expanding the container handling capacity of Mundra port – India’s biggest commercial and container port – with an investment of some Rs1,239 crore as the port company controlled by billionaire Gautam Adani plays ‘catch-up’ with State-run Jawaharlal Nehru Port Authority (JNPA) located near Mumbai, [...]
