The foundation stone for the Centre of Excellence building at the Indian Maritime University was laid by Dr. Malini V Shankar. The construction is set to be completed by July 2025, overseen by university officials and CPWD’s Chief Engineer. The center aims to promote research, training, and industry partnerships in the maritime sector.
India is gearing up to boost its maritime capacity significantly, aiming to expand port capacity to 10,000 million tonnes per annum by 2047. This ambitious initiative, announced by Union Minister Sarbananda Sonowal, highlights India’s goal to become a global shipping hub. The move underscores the country’s commitment to enhancing its maritime capabilities.
The Indian maritime sector is in need of a significant investment of $1 trillion by 2047 and ₹5 lakh crore by 2030 to reach its full potential. Green hydrogen production hubs are being established at key ports to decarbonize the shipping industry. India is set to become a major player in the global maritime market.
Dr. Pandurang Raut, Deputy Director General of Shipping, highlighted India’s coastal channels’ importance for trade, with up to 95% of volume and 68% by value passing through them. The Maritime Amritkal Vision 2046 aims at modernizing ports and leveraging the blue economy, reflecting the government’s commitment to enhancing India’s maritime position on a global scale.
The Indian Coast Guard conducted a specialized training program for Narcotics Control Bureau officers and other Drug Law Enforcement Agencies at Paradip from January 20 to 22. The training focused on enhancing maritime interdiction skills, operational awareness, and collaboration to combat drug trafficking, emphasizing the need for a unified approach against maritime narcotics challenges.
The 3-day Maritime India Conference in Mumbai will focus on business opportunities in domestic ports and shipping. Organized by FICCI, it aims to attract 7,500 stakeholders from 11 countries. Discussions will cover smart technologies, sustainable practices, decarbonization, shifting trends, cruise industry growth, and shipbuilding advancements. Keynote speakers include Union Minister Sarbananda Sonowal.
Union Minister Sarbananda Sonowal inaugurated projects worth nearly Rs 2,000 crores to boost capacity at India’s largest port, JNP. With plans to reach 10 million TEUs by 2027, developments like solar-powered boats and new terminals aim to increase efficiency and safety. Partnerships and investments are driving infrastructure growth, aligning with the government’s vision.
The maritime industry in India is undergoing a digital transformation with the implementation of the Sea Cargo Manifest and Transhipment Regulations (SCMTR). These regulations require shipping lines and vessel operators to comply with new digital submission protocols for cargo operations at Indian ports, aiming to enhance transparency and efficiency in trade processes.
Mediterranean Shipping Company SA (MSC) is discussing with the Ministry of Ports, Shipping, and Waterways to set up a shipyard in India. The company is looking into utilizing a shipyard in Pipavav, Gujarat for construction and repairs. With global shipyard space running low, MSC is considering this move to address its growing needs.
The Gujarat Maritime Board (GMB) recently organized a Stakeholder Consultation Workshop at Mahatma Mandir, focusing on the “Coastal Shipping Policy of Gujarat: Paradigm Shift in Supply Chains.” Industry leaders, policymakers, and maritime experts discussed enhancing coastal shipping in Gujarat, emphasizing its cost-effectiveness, environmental benefits, and potential for sustainable growth.
A high-level delegation from Hanwha Ocean Co. Ltd. of South Korea, led by Senior Vice President Jin Su Lee, recently visited India to explore collaboration opportunities in the shipbuilding industry. Both nations are interested in working together to strengthen their positions, with India aiming to be among the world’s top 10 shipbuilders by 2030.
The state administration of Andhra Pradesh is focused on transforming the region into a hub for the shipbuilding industry, in line with Chief Minister N. Chandrababu Naidu’s vision. With its long coastline and strategic location, Andhra Pradesh has great potential to become a key player in shipbuilding. The state’s progress signals a promising future.
The Directorate General of Shipping (DGS) and the National Union of Seafarers of India (NUSI) have launched the innovative program “Sagar Mein Yog – Complete wellness at sea” to prioritize the welfare of Indian seafarers. This initiative integrates yoga and holistic wellness practices to address the unique challenges faced by seafarers on extended voyages.
The Indian Ambassador to Myanmar, along with officials from the Indian Embassy and India Ports Global Limited, assessed the progress of the Kaladan Project at Sittwe Port. Over 150 ships have utilized the port since its opening in May 2023, transporting essential goods. Emphasis was placed on aligning development initiatives with local needs.
DP World reported a 17% increase in cargo handling at its Cochin terminal in 2024 due to new equipment and expanded yard space. The terminal reached a record volume of 840,564 TEUs, solidifying its position as a major terminal in South and East India. Additionally, the terminal’s electrification efforts have reduced its carbon footprint.
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |