The Karnataka Maritime Board has launched a global tender for the development of a 14 MTPA port at Pavinakurve, Karnataka. The port will handle various commodities and have a cargo capacity of 14 MTPA initially, with plans to increase to 40 MTPA in the future. The project emphasizes environmental sustainability and modern infrastructure.
India is venturing into the international container shipping market for the first time, with CONCOR leading the charge. With a focus on the Middle East and South Asia regions, the study will analyze market opportunities, competitive strategies, and potential risks. This strategic move aims to position India as a key player in the global shipping industry.
Indian space tech startup PierSight has introduced the Varuna satellite, a groundbreaking mission aiming to revolutionize maritime intelligence with cutting-edge imaging technology. The SAR & AIS satellite constellation will provide complete ocean coverage with short revisit times, surpassing traditional limitations. Varuna, developed in record time, showcases innovative features for accurate ship tracking and infrastructure safeguarding.
During the ‘Sagarmanthan: The Great Oceans Dialogue’, PM Modi highlighted the importance of oceans for international trade and discussed India’s maritime legacy. He outlined plans to modernize the maritime sector and become a major shipbuilding nation by 2030. The dialogue aimed to strengthen peace and friendship between nations in the Indo-Pacific region.
The Indian Coast Guard is set to host its largest-ever National Maritime Search and Rescue Exercise in Kochi, focusing on enhancing SAR capabilities through regional collaboration. With over 40 international observers participating, the event aims to strengthen SAR linkages and promote maritime safety through real-time simulations and collaborative efforts among stakeholders.
The Indian Coast Guard is hosting India’s largest National Maritime Search and Rescue Exercise in Kochi, Kerala. With international representatives and real-time simulations, the event aims to enhance SAR operations and promote regional collaboration. This initiative reflects India’s commitment to maritime safety and its growing influence as a global leader in maritime security.
Sagarmanthan, South Asia’s largest maritime summit, kicked off in New Delhi to discuss the “blue economy.” With 61 countries participating, the event aims to explore sustainable maritime practices. India plans to invest Rs 80 lakh crore to enhance port capacity and shipping by 2047. The summit aims to drive progress in the industry.
During a state visit to Nigeria, Indian Prime Minister Narendra Modi and President Bola Tinubu agreed to enhance cooperation in maritime security, intelligence, and counter-terrorism. This marks the first visit by an Indian premier to Nigeria in 17 years, with discussions also covering economic development, defense, healthcare, and food security.
India is gearing up to strengthen its presence in the global merchant shipping sector by hosting the first-ever Sagarmanthan: The Great Oceans Dialogue in New Delhi. With representatives from over 60 countries expected to participate, the conference aims to showcase India’s growing role in international maritime affairs and trade.
CM Mohan Majhi recently attended the Boita Bandana ceremony in Paradeep, highlighting Odisha’s historical maritime supremacy. Organized by the Paradip Port Authority, the event served as a reminder of Odisha’s rich maritime heritage. The Chief Minister emphasized the significance of remembering the maritime memories associated with Boita Bandana and Baliyatra, symbolic festivals celebrating Odisha’s maritime legacy.
The board of VPPL has approved changes to the HAM to attract more bidders for the Vadhvan port project in Maharashtra. They plan to reclaim 1,200 hectares of land in two phases. The modified HAM will be submitted for approval, with funding from JNPA, Maharashtra government, REC Ltd, and potentially the World Bank and JICA.
Odisha’s maritime heritage is a vibrant reality that has left an indelible mark on the state’s cultural landscape. Sailors from the ancient kingdom of Kalinga, present-day Odisha, traversed vast oceans with ships laden with spices, textiles, and cultural treasures. Odisha, where rituals and festivals like Kartika Purnima, Boita Bandana Utsav, and Bali Yatra pay tribute to Odisha’s seafaring past.
The Andhra Pradesh government is forging international partnerships to boost port-led infrastructure and create jobs, aiming for a $2 trillion economy by 2047. During a visit to South Korea, Infrastructure Secretary S Suresh Kumar outlined plans for shipbuilding facilities and emphasized innovative policies to enhance cargo capacity and sustainable coastal development.
Kerala Maritime Board (KMB) is embarking on a project to survey land parcels at 17 ports in the state for maritime-related industries and tourism ventures through PPP. The initial focus is on locations in Kollam, Kozhikode, and other ports from Vizhinjam to Kasaragod. The goal is to generate income, revenue, and employment opportunities.
At the India Economic Summit 2024, Union Shipping Minister Sarbananda Sonowal unveiled plans for the world’s largest port, signaling a transformative era in India’s maritime sector. He highlighted the Sagarmala Program’s role in reducing container turnaround times and boosting India’s global shipping standing, emphasizing the economic potential of revitalizing waterways.
