Covers the key trends, policy developments, current status of major projects, financing and issues in the ports and shipping sector of India .
Ministry of Ports and Shipping, major port, minor port, shipping, greefield, policy, finance, tariffs, traffic, dredging
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The maritime sector of every economy is dependent on global trade cycles and India is no exception. Global trade volume has shown signs of a decline, and this is being reflected in reduced cargo activity, […]
The Ministry of Shipping (MoS) has taken a number of initiatives to step up investments and attract greater private participation in the maritime sector. The Sagarmala programme with its focus on port-led development will be […]
The past few years have been significant for the maritime sector, which has benefited from the government’s strong focus on port-led development. The outlook for the sector remains positive owing to a plethora of initiatives […]
Introduced by the Central Board of Excise and Customs (CBEC), Ministry of Finance, in 2015, the direct port delivery (DPD) scheme is aimed at trade facilitation. Under the scheme, containers are moved directly from the […]
In the past few decades, the role of ports has transformed from being just a transit point to a customs clearance and a delivery point. In this regard, connectivity plays a critical role. Though a […]
Over the past few years, the port sector has undergone significant changes. There has been a surge in activity in terms of policies and regulations, incentives and schemes, traffic and capacity, and project uptake. The […]
The government of India finally completed the divestment of its 73.47 per cent stake in the Dredging Corporation of India (DCI) in March 2019, selling its share to four major ports. The process of disinvestment […]
Since its launch four years ago, Sagarmala, the government’s flagship programme for the maritime sector, has finally picked up pace. Progress under the port modernisation and port connectivity components has been quite visible. In the […]
A spate of project announcements with respect to new regasified liquefied natural gas (RLNG) terminals in India has been the cause for a lot of exuberance in recent times. Even by a conservative estimate, India […]
Port connectivity and evacuation infrastructure are critical to the success of the Sagarmala programme. Realising the importance of a focused approach for improving port connectivity infrastructure, a special purpose vehicle (SPV), Indian Port Rail and […]
The Ghogha-Dahej roll-on, roll-off passenger (ro-pax) service was inaugurated on October 27, 2018. The ro-pax ferry, Voyage Symphony, will ply the Gulf of Khambhat between Ghogha in Saurashtra and Dahej in south Gujarat. Ghogha, situated […]
The first six months (April-September) of the current fiscal year (2018-19) have been rather good for the port sector. Major ports handled 343.26 million tonnes (mt) of cargo traffic during April-September 2018, registering a growth […]
In recent times, a number of public sector undertakings (PSUs) have turned to the market to raise funds. One such PSU, Garden Reach Shipbuilders and Engineers Limited (GRSE) came out with an initial public offering […]
In line with the objectives laid down under Sagarmala, there is a need to promote coastal shipping as a cost-effective and an environment-friendly means of transportation vis-à-vis road and rail. This shift is also expected […]
