Under the Cruise Bharat Mission, Gujarat plans three cruise circuits along its coast, featuring destinations like Diu, Jamnagar, and Dwarka. Clusters include Padala Island and routes connecting historical and cultural sites within 100 km. The Gujarat Maritime Board is enhancing infrastructure and promoting sustainable cruise tourism growth.
The Ministry of Ports, Shipping, and Waterways has authorized Chhara Port in Gujarat for LNG imports, enhancing India’s energy security. This certification enables Simar Ports Private Limited to manage LNG operations in compliance with the Petroleum Rules. The approval is valid from May 19, 2025, to May 18, 2028, supporting national gas needs.
Gujarat Pipavav Port Ltd reported a consolidated net profit of £3,969 million for the 2025 financial year, a 16% increase fueled by rising fluid and RO-RO freight volumes. Despite profitability, income remained flat at £9,876 million, impacted by lower container throughput and dry bulk freight challenges. A final dividend of £4.20 per share was recommended.
The Indian government is developing shipbuilding facilities in Gujarat, Tamil Nadu, and Andhra Pradesh, marking a significant step in maritime industry growth. A partnership with South Korea’s HD Hyundai aims to enhance local production of large ships for intercontinental trade, particularly at Thoothukudi, projected to be worth £10,000 billion.
Deendayal Port Authority in Gujarat is looking to lease 2,000 acres in Kutch district to create a shipbuilding cluster, aiming to construct 50 VLCCs annually. With existing shipbuilding capacity in the state, new projects like a ship-repair hub in Vadinar and proposals for new shipyards signal continued interest in the region for shipbuilding ventures.
DEENDAYAL Port Authority (dpa) and Cochin Shipyard LTD (CSL) have partnered to establish a state-of-the-art ship-repair hub in Gujarat at the cost of 1,750 crore rupees. CSL will manage repair operations at the Vadinar facility, with the capacity to service 32 ships annually. This collaboration aims to boost India’s ship repair capabilities.
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.
Afcons Infrastructure, a part of the Shapoorji Pallonji group, has recently secured a major project worth 1,283 crore rupees for the design and construction of a container terminal in Gujarat. Additionally, the company has also won a contract for the construction of the Pune Ring Road, solidifying its position in the infrastructure sector.
Prime Minister Narendra Modi recently highlighted the benefits of establishing a National Maritime Heritage Complex at Lothal, Gujarat, on LinkedIn. He emphasized the project’s potential for cultural and tourism sectors, aiming to showcase India’s maritime heritage. Modi’s post underscores the government’s commitment to preserving and promoting the country’s historical and cultural legacy.
This week’s editorial highlights India’s maritime advancements from 07 to 13 October 2024, including its re-election to the IMO Council and collaborative icebreaker construction with Russia. Key topics include maritime safety improvements, sustainable shipping innovations, and environmental initiatives, positioning India as a pivotal player in the global maritime landscape.
