Oman is set to establish the Middle East’s first LNG bunkering facility at the Port of Sohar, following the groundbreaking of the $1.6 billion Marsa LNG plant. This project, a collaboration between TotalEnergies and OQEP, aims to position Oman as a key LNG hub, with operations expected to begin in early 2028.
Kandla Port in Gujarat has unveiled India’s first green hydrogen production facility, signaling a major shift towards sustainability. By harnessing wind and solar power, the port aims to supply green hydrogen for industrial needs, transportation, and manufacturing. This pioneering project aligns with India’s push for renewable energy and environmental stewardship.
Cochin Shipyard Ltd. is set to build a new shipyard at Cochin Port with international assistance to boost the industry. The investment aligns with efforts to enhance ship repair capabilities in India and position Kochi as a maritime hub. This move is crucial for the growth and expansion of the shipbuilding sector in the country.
Deendayal Port Authority (DPA) has issued E-tenders and e-auctions for a 30-year lease of land in Veera for an integrated shipbuilding facility. The reserve price is 27,510 rupees per year, with final price to be disclosed on February 10, 2025. Interested parties must submit online offers by February 21, 2025, with necessary approvals required.
Mercantile & Maritime Group is expanding its MENA Terminals in Fujairah, UAE, to create the Middle East’s largest biofuel processing plant valued at AED 2.2 billion. This project aligns with the UAE’s goal of leading in green energy initiatives, producing 150 million liters of sustainable aviation fuel annually by 2026.
