JSW Infrastructure, part of the $24 billion JSW Group, has secured a 30-year concession to renovate two berths at Kolkata’s Netaji Subhas Dock. They will pay ₹4,678 per container in royalties, surpassing Adani Group in bidding. This project marks JSW’s initial venture into Bengal’s port and logistics sector.
Fingrid announced that the Estlink 2 power cable, damaged last December, will resume operations on June 25, earlier than the expected July 15. The rapid progress on repairs follows a maritime incident involving a ship snagging its anchor on the cable, highlighting Fingrid’s commitment to restoring vital infrastructure.
The Mormugao Port Authority has suspended operations amid a developing cyclonic system off Goa’s coast. The Indian Meteorological Department warned of adverse weather, including heavy rainfall and strong winds. Strict monsoon protocols are in place, prohibiting small crafts and enforcing enhanced safety measures to mitigate risks during this hazardous season.
India has authorized three Russian insurers, including Sberbank’s insurance unit, to provide marine coverage for ships at its ports. This decision supports Moscow’s oil supplies to India, its largest seaborne oil market after China. The permits for these insurers are valid until February 20, 2026, despite ongoing sanctions.
A consortium led by Damen, TU Delft, and other partners has launched the Maritime AI Innovation Lab to revolutionize the maritime industry. By combining physical modeling, AI techniques, and real-world data, the lab aims to improve ship design, reduce fuel consumption, and enhance safety. Interested companies can join workshops to drive innovation in maritime technology.
DP World is set to launch ship-leasing operations in India with the establishment of a subsidiary in GIFT City. The company plans to start with four ships, with options for Indian-flagged and international vessels. With tax incentives and increasing activity in the sector, DP World joins other major players in vessel ownership, operation, and chartering in India.
Kerala’s Minister VN Vasavan shared that the Gateway Container operation at Vizhinjam port would begin in four months. Discussions are progressing for installing container scanners. Recent data showed 215 ships docking with 4,22,846 TEU handled. The upcoming phases for the Transportunship Harbor at Tiefsee port were approved.
Maharashtra’s Finance Minister Ajit Pawar announced that Vadhvan port in Palghar will be operational by 2030, alongside plans for a third Mumbai airport and a bullet train station. The state budget aims for Rs 40 lakh crore in investments and 50 lakh jobs, positioning Maharashtra as a key industrial hub.
The delayed expansion of the Jaya Container Terminal (JCT) at the Port of Colombo has led to increased costs and the need for new gantry cranes. Originally estimated at Rs 5 billion, the project now is projected to cost Rs 10 billion. The terminal’s extension aims to modernize and expand, with an anchorage increase.
