Finance Minister Advocates Maritime Financing and Infrastructure at GMIS 2023
Boosting India’s Shipbuilding Capacity Union Finance and Corporate Affairs Minister Nirmala Sitharaman recently chaired a session on ‘Maritime Financing, Insurance, and Arbitration’ at the Global Maritime India Summit (GMIS) 2023 in Mumbai. She emphasized the need for innovative financing, robust…
Vizhinjam Port: A Promising Start Amidst Infrastructure Hurdles
Vizhinjam, Kerala – The Vizhinjam International Seaport is already making headlines, even before its official launch. With a remarkable contribution of approximately ₹4.7 crore to Kerala’s exchequer during its trial run from July 11 to October 1, the port is…
Commemorative Stamp Unveiled to Honor 25 Years of Mundra Port
Ahmedabad, 9 October 2024 – Mundra Port, India’s largest commercial port and a flagship of the Adani Group, has been honored with a special commemorative stamp celebrating its 25-year journey. The stamp was released on World Post Day, symbolizing the…
Maersk latest Container Vessel, named Alexandra Maersk
Felixstowe, 9 October 2024 – A.P. Moller – Maersk celebrated the naming of its latest dual-fuel methanol container vessel, “Alexandra Maersk,” in a ceremony held at the Port of Felixstowe, UK. The event was attended by UK’s Maritime Minister Mike…
INS Talwar Arrives in South Africa for IBSAMAR VIII
Simon’s Town, South Africa, 09 October 2024 – The Indian Navy’s frontline stealth frigate, INS Talwar, has arrived in Simon’s Town to participate in the eighth edition of IBSAMAR, a joint maritime exercise involving the navies of India, Brazil, and…
MALABAR 2024 Kicks Off with Grand Opening Ceremony
Visakhapatnam, 09 October 2024 – The Opening Ceremony of MALABAR 2024, a significant multi-national maritime exercise, was held today aboard the Indian Naval Ship Satpura. The event marks the 28th edition of the exercise, which began on 08 October and…
V. Expands Presence in India with New Office in Chennai
Strengthening Operations, Technical Support, and Client Engagement in the Indian Subcontinent Chennai, India, 8 October 2024 – V.Group (“V.”), a global leader in ship management and marine services, has officially opened its expanded office in Chennai, reinforcing its long-standing presence…
JSW Secures LOI for Developing Multipurpose Port in Palghar
Strategic Expansion to Strengthen India’s Port Infrastructure with Greenfield All-Weather Facility Mumbai, 9th October 2024 – JSW Infrastructure, a leading player in India’s port sector, has been granted a Letter of Intent (LOI) from the Maharashtra Maritime Board (MMB) for…
Cabinet Approves Development of National Maritime Heritage Complex at Lothal, Gujarat
Prime Minister Narendra Modi’s Vision to Showcase India’s 4,500-Year-Old Maritime Legacy New Delhi, 9th October 2024 – The Union Cabinet, led by Prime Minister Narendra Modi, has given its green light to the ambitious National Maritime Heritage Complex (NMHC) project…
NATPET Cuts Lead Times by 50% with Maersk’s Integrated Logistics
Dubai/Jeddah – In a major leap towards operational efficiency, National Petrochemical Industrial Co. (NATPET), one of Saudi Arabia’s leading polypropylene resin producers, has successfully reduced its lead times by nearly 50% through a strategic partnership with A.P. Moller – Maersk…
Indian Navy Receives Second Survey Vessel, Nirdeshak Yard 3026
A Milestone in Indigenous Shipbuilding and Hydrographic Surveying New Delhi, October 8, 2024 – The Indian Navy has officially taken delivery of Nirdeshak (Yard 3026), the second of four Survey Vessel (Large) ships, from Garden Reach Shipbuilders & Engineers (GRSE)…
Rijeka Gateway to Operate Fully on Renewable Energy
Major Step for Croatia’s Logistics Sector The Hague : Rijeka Gateway, Croatia’s largest logistics project, will exclusively utilize electricity from renewable sources to power its container terminal. This initiative is expected to significantly reduce CO2 and other harmful emissions. Joint…
Indian Navy’s First Training Squadron Arrives in Muscat, Oman
The First Training Squadron (1TS) of the Indian Navy, comprising INS Tir, INS Shardul, and ICGS Veera, arrived at Muscat, Oman, on 05 October 2024 as part of their long-range training deployment. This visit reflects the growing strength of defense…
Maritime Exercise Malabar 2024 to Commence on 08 October
CURTAIN RAISER: MALABAR 2024 to Commence at Visakhapatnam on 08 October The much-anticipated Maritime Exercise Malabar 2024 is set to begin on 08 October 2024 in Visakhapatnam, India, marking a significant event in enhancing maritime cooperation. Hosted by India, this…
Indian Maritime Heritage Conclave in December 2024
India’s Maritime Legacy Takes Center Stage with the Indian Maritime Heritage Conclave Announcement In a major step toward celebrating and preserving India’s rich maritime history, Sarbananda Sonowal, the Minister of Ports, Shipping, and Waterways, announced the Indian Maritime Heritage Conclave,…
Department of Posts and Amazon Sign Landmark MoU
The MoU is set to Boost Logistics and E-commerce in India. However to ensure Amazon might have to extend its Expertise and CSR Funds to address the Challenges In a major step towards enhancing the logistics ecosystem in India, the…
Indian Maritime University’s 9th Convocation
The Indian Maritime University (IMU) is set to celebrate a significant milestone on October 7, 2024, with the hosting of its 9th Convocation at the Semmencherry campus in Chennai. This prestigious event promises to highlight IMU’s pivotal role in shaping…
Indo-Pacific Regional Dialogue 2024 held
India Champions Sustainable Growth and Security at Indo-Pacific Regional Dialogue 2024 On October 4, 2024, New Delhi hosted the Indo-Pacific Regional Dialogue (IPRD) 2024, where India’s commitment to a robust and sustainable Indo-Pacific was front and center. In a powerful…
Enhancing Vessel Sharing Agreements (VSAs) in India
The Directorate General of Shipping, under the Ministry of Ports, Shipping, and Waterways, has drafted a notification on Regulations for Vessel Sharing Agreements (VSAs) in accordance with Section 54 of the Competition Act, 2002. This draft aims to promote fair…
5% TEU Allocation Mandate for Indian Flag Vessels Soon
The DG Shipping has floated a proposal for enhancing vessel-sharing agreements (VSAs) in India. It is expected to have significant global and national benefits, particularly for the shipping and logistics industry. For the same it has invited Public Comments and…
India Charts Course Towards Maritime Decarbonization
India’s commitment to decarbonizing its maritime sector took center stage at the Conference on Maritime Decarbonization, co-hosted by the Ministry of Ports, Shipping & Waterways (MoPSW) and the Asian Development Bank (ADB). The conference gathered over 200 delegates, including leaders…
India Joins International Energy Efficiency Hub
A Global Step Toward Sustainable Energy Solutions In a significant move to enhance its energy efficiency efforts, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved India’s decision to join the International Energy Efficiency Hub by signing the…
Cabinet Approves PLR Scheme for Port and Dock Workers
Cabinet Approves Enhanced Productivity Linked Reward (PLR) Scheme for Port and Dock Workers In a move aimed at boosting productivity and competition among India’s major ports, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved modifications to the…
BPCL, MbPA, and MPSF Sign Green Energy MoU
In a major step towards promoting sustainability in India’s maritime sector, Bharat Petroleum Corporation Limited (BPCL), Mumbai Port Authority (MbPA), and Mumbai Port Sustainability Foundation (MPSF) have signed a Memorandum of Understanding (MoU) aimed at accelerating the transition to green…
Mumbai Port’s Cruise Terminal delayed by Five Years
Mumbai Port’s Cruise Terminal Modernisation: A Case of Delays, Corruption Allegations, and Missed Opportunities Mumbai’s International Cruise Terminal (MICT) at Indira Dock was envisioned as a flagship project that would bolster India’s growing cruise tourism industry. Expected to attract millions…
NMPA Reissues Tender for Telescopic Gangway System
New Mangalore Port Authority Reissues Tender for Telescopic Gangway System at Oil Berth No. 13: Addressing Safety and Financial Challenges In an effort to enhance its infrastructure, the New Mangalore Port Authority (NMPA) has reissued a tender for the design,…
APM Terminals Extends Concession for Aqaba Container Terminal
A Strategic Move Towards Sustainable Growth APM Terminals, in collaboration with Aqaba Development Corporation (ADC), has secured a 15-year extension on its concession to operate the Aqaba Container Terminal (ACT) in Jordan, taking the partnership until 2046. This development, which…
FFFAI Dronagiri’s Skill Development Center First Batch Inaugurated
In a significant milestone for the logistics industry, the Federation of Freight Forwarders‘ Associations in India (FFFAI) has inaugurated its first batch of trainees at the newly launched FFFAI Skill Development Center in Dronagiri. This initiative is part of the…
Submarine Cables in India: A Maritime Industry Perspective
Submarine cables, critical infrastructure for global communications, are as essential to the maritime industry as they are to modern telecommunications. In India, these cables not only serve as the backbone for internet connectivity but also play a vital role in…
Indian Navy Quiz – THINQ 2024 elimination rounds Completed
The Indian Navy Quiz – THINQ 2024 has successfully completed its elimination rounds as of September 25, 2024. With an overwhelming response of 12,655 school teams participating at the national level, the competition now moves into its next phase. The…
Indian Women Seafarers Rise to Over 350 – Maersk
Maersk’s Gender Diversity Surge: Indian Women Seafarers Rise to Over 350 in Three Years A.P. Moller – Maersk, a global leader in logistics, has made impressive strides in fostering gender diversity in the Indian maritime sector. As part of its…
GRSE Marks Record Growth at 108th Annual General Meeting
Expanding Horizons in Shipbuilding and Defence Garden Reach Shipbuilders and Engineers (GRSE) Limited, a Schedule ‘A’ Mini Ratna Category 1 company, held its 108th Annual General Meeting (AGM) on September 20, 2024, highlighting unprecedented success in the financial year 2023-24….
Intelligent Transport Systems to Boost Maritime Industry
In a significant development for India’s transport infrastructure, the Russian – Indian Working Group on Roads and Intelligent Transport Systems held its second meeting in Moscow on 24 September 2024. The high-level meeting, co-chaired by Anurag Jain, Secretary of the…
Synergy of ‘Yuva Shakti, Nari Shakti, Desh Bhakti’ for New India
Assam University Annual Festival 2024: A Vision for the Future Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, while attending the Assam University Annual Festival as the Chief Guest, emphasized the immense potential of the Indian youth (Yuva Shakti),…
DP World Embarks on Ambitious Mangrove Conservation in Cochin
Global logistics giant DP World has taken a significant step towards environmental stewardship with the launch of its Mangroves Initiative in Cochin. This large-scale effort, aimed at restoring and preserving the region’s critical coastal ecosystems, is being carried out in…
Seafarer Exploitation: A Chain of Exploitation Beyond RPSL
The exploitation of Indian seafarers has become a growing concern, and while RPSL agencies (Recruitment and Placement Service License) are often blamed for fraudulent practices, the problem goes far beyond them. A complex chain involving shipowners, vessel operators, ship masters,…
India’s Container Handling Capacity Set for Twofold Increase
India’s maritime sector is witnessing a transformative phase, with ambitious plans laid out by the government to elevate the nation’s port infrastructure and container handling capacity. In a press conference held today, the Sarbananda Sonowal the Union Minister of Ports,…
Yacht Safety and Environmental Consortium Launched
The global yacht industry marked a major milestone in its pursuit of safety and sustainability with the formation of the Yacht Safety and Environmental Consortium (YSEC). Leading classification societies—DNV, Lloyd’s Register (LR), RINA, Bureau Veritas (BV), and ABS—came together to…
Goa Maritime Symposium 2024 Strengthening Maritime Security
The fifth edition of the Goa Maritime Symposium (GMS) 2024, organized by the Indian Navy from September 23-24, 2024, provided a pivotal platform for key regional stakeholders to tackle emerging maritime security challenges in the Indian Ocean Region (IOR). Hosted…
Raksha Mantri Inaugurates 41st ICG Commanders’ Conference
“Indian Coast Guard is India’s foremost guard ensuring the security of our vast coastline,” says Rajnath Singh. Raksha Mantri Rajnath Singh inaugurated the 41st edition of the Indian Coast Guard (ICG) Commanders’ Conference in New Delhi today. The three-day event…
INS Talwar in Mombasa, Strengthens India-Kenya Naval Ties
Indian Naval Ship (INS) Talwar, a frontline stealth frigate of the Indian Navy, docked in Mombasa, Kenya, on September 22, 2024. This visit marks another step towards deepening bilateral maritime cooperation between India and Kenya, reaffirming India’s commitment to regional…
Vizhinjam International Seaport Handles Record 25,000 TEUs
In a remarkable achievement for Indian maritime infrastructure, the Vizhinjam International Seaport in Kerala has handled an impressive 25,000 TEUs (twenty-foot equivalent units) within just two and a half months of limited-scale commercial operations. This milestone comes following the historic…
Indian Navy’s commitment to Nari Shakti – Navika Sagar Parikrama
Navika Sagar Parikrama II: Indian Navy’s Trailblazing Global Circumnavigation by Women Officers The Indian Navy is set to embark on an extraordinary global circumnavigation mission with the second edition of Navika Sagar Parikrama. This ambitious expedition will be flagged off…
Top 30 Supply Chain Champions in India Honored – ISCM
In a grand event that celebrated the best of India’s corporate supply chains, the Institute of Supply Chain Management (ISCM) announced the Top 30 Supply Chain Champions of India. The list, backed by extensive data-driven research, honors companies that excelled…
Governor N Indrasena Reddy Visits Srimantapur Land Port
Governor N Indrasena Reddy Visits Srimantapur Land Port: Highlights Cleanliness and Security Governor Indrasena Reddy Nallu conducted an extensive visit to the Srimantapur Land Port in Sonamura, Tripura subdivision this morning. Upon arrival, he was greeted with a Guard of…
Indian Navy Hosts 5th Edition of Goa Maritime Symposium 2024
Goa is set to witness a significant gathering of maritime leaders as the Indian Navy hosts the 5th Goa Maritime Symposium (GMS) at the Naval War College from September 23-24, 2024. The event will bring together naval representatives from 12…
Quad Leaders Unveil Wilmington Declaration: Maritime New Era
Quad Leaders Unveil Wilmington Declaration: A New Era of Maritime Security and Regional Cooperation At the fourth in-person Quad Leaders Summit in Wilmington, Delaware, the heads of state from Australia, India, Japan, and the United States reaffirmed their commitment to…
Key challenges Maritime Training Institutes will have to face due to revision of the Training Manual
In a significant move towards enhancing maritime training and regulatory compliance, the Directorate General of Shipping (DG Shipping) has released a revised version of its Training Manual. This updated manual is designed to elevate the standards of India’s maritime education…
Advantages students can expect from Revised Maritime Training Manual
The Directorate General of Shipping (DG Shipping) has released a revised version of its Training Manual, calling for comments from stakeholders to ensure that India’s maritime education stays aligned with global standards. The manual, crucial for guiding Maritime Training Institutes…
DG Shipping Invites Industry Feedback on Revised Maritime Training Manual
The Directorate General of Shipping (DG Shipping) is embarking on a major revision of its Maritime Training Manual, originally released in 2018, as part of its commitment to enhancing the maritime training landscape in India. Recognizing the evolving nature of…
Naval Commanders’ Conference 2024, concluded
Indian Navy’s Strategic Vision: Highlights from the Naval Commanders’ Conference 2024 The second edition of the Naval Commanders’ Conference 2024, held from 17 to 20 September, concluded on a high note, establishing a robust framework for future naval operations and…