Mumbai’s Mazagon Dock Shipbuilders Limited (MDL) has acquired a 41.73% equity stake in Sri Lanka’s Colombo Dockyard PLC, marking a key step in its international expansion. The acquisition, involving rights shares from Japan’s Onomichi Dockyard, triggers a mandatory offer for CDPLC’s shareholders, enhancing maritime collaboration between India and Sri Lanka.
The Coast Guard and Texas General Land Office are responding to an oil spill near Galveston, Texas, following a vessel collision with Pier 32. The spill, reported around 9:50 p.m., has been contained, and no injuries or wildlife impacts have been reported. Investigations into the incident are ongoing.
Bangladesh plans to transfer management of three key container terminals—Chattogram’s New Mooring, Laldia, and Pangaon—to international operators by December. This move aims to improve port efficiency, reduce vessel waiting times, and attract more maritime investments. A 30-year lease and 25-year contracts are expected to modernize operations significantly.
The Deendayal Port Authority (DPA) has initiated a Request for Qualification (RFQ) for a 1,000 MWp solar power project along Gujarat’s coast. This competitive bidding seeks to enhance renewable energy capacity, with a 25-year power purchase agreement for the winning bidder. Compliance with environmental regulations is essential.
On July 29, 2025, VPPL announced a new street infrastructure initiative at a board meeting to enhance Vadhvan Port’s growth. This includes an 8-lane NH-248S highway and a public-access two-lane service road. The project aims to improve local connectivity, support businesses, and foster comprehensive community development while adhering to global standards.
Prime Minister Narendra Modi laid the foundation for key projects in Bhuj, Kutch, emphasizing the Deendayal Port Authority (DPA) as a green hydrogen hub under the National Green Hydrogen Mission. Investments over ₹1,100 crores aim to modernize infrastructure, enhance clean energy initiatives, and boost regional economic growth toward a Developed India by 2047.
Allcargo Group, a global logistics conglomerate based in India, recently completed a rainwater harvesting project in Sawangi Tehsil, Nagpur, to address water scarcity in the region. The initiative, led by their CSR arm Avashya Foundation, aims to boost agricultural activities and the rural economy by increasing water access through the Sawangi Canal Project.
The Minister of Marine and Blue Economy, Adegboyega Oyetola, revealed plans for a port modernization program with the Nigerian Ports Authority focusing on Apapa and Tincan Island ports. This initiative aims to enhance port infrastructure, reduce turnaround time, and address challenges in the maritime sector. Oyetola emphasized the importance of a holistic approach.
