Infrastructure status granted to shipbuilding industry

February 2016

The central government has granted infrastructure status to the shipbuilding industry. This is expected to reduce borrowing costs and will enable shipyards and domestic manufacturers to get long-term loans for 20-25 years, as well as […]

Maharashtra Cabinet approves new port development policy

February 2016

The Maharashtra state cabinet passed a revised State Port Development Policy on January 25, 2016. The new policy lays emphasis on integrated port development by increasing inland connectivity through road, rail and water transport networks. […]

Western Quay-6 berth commences commercial operations

February 2016

The Western Quay-6 berth at Visakhapatnam port commenced commercial operations on January 13, 2016. The project was undertaken by Alba Asia Private Limited, a JV of ABG Ports Private Limited and Louis Dreyfus Armateurs SAS, […]

MoS inaugurates river information system

January 2016

The Ministry of Shipping (MoS) has inaugurated the first river information system (RIS) of India. The new system will facilitate safe and accurate navigation on National Waterway-1. The RIS is being implemented under the responsibility […]

National Waterways Bill, 2015 passed in Lok Sabha

January 2016

The National Waterways Bill, 2015, aimed at developing 101 inland waterways across the country, was passed in the Lok Sabha on December 21, 2015. The bill identifies an additional 101 inland waterways that are to […]

Cochin Shipyard to make LNG ships

January 2016

Cochin Shipyard Limited (CSL) has successfully completed a Mark-III Flex Mock-Up, certified by Gaztransport et Technigaz (GTT), France. The shipyard is now licensed by GTT to build LNG ships for any client worldwide using its […]

L&T Geostructure won EPC contract at Kamarajar port

January 2016

L&T Geostructure has won a contract worth Rs 2.47 billion from IOC for the engineering, procurement and construction (EPC) of marine facilities at Kamarajar port. The scope of the contract includes construction of the berth […]

Capital dredging work begins at Mormugao port

January 2016

The capital dredging work of the navigational channel of the cruise berth at Mormugao port commenced on January 1, 2016. On the completion of dredging, the navigational channel will have a draught of 19.5 metres […]

Indira Container Terminal Private Limited …

January 2016

Indira Container Terminal Private Limited commenced container handling operations with a call from VSL Bahri Yanbu 006 at its offshore berth at the Mumbai Port Trust. The offshore project was awarded on a 30-year operating […]

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