The deadline for submitting bids for Maharashtra’s Vadhvan Port Hybrid Annuity Mode package has been extended to May 18. This allows bidders more time to prepare proposals for the ₹22,323.47 crore project, which involves significant offshore development and infrastructure, crucial for enhancing access to the greenfield port site.
Paradip Port Trust has announced a tender for the mechanization of its multipurpose berth in Odisha, under a 30-year BOT model. This public-private partnership project aims to enhance dry bulk cargo handling capacity to 8 million tonnes annually. With a ₹630.67 crore investment, it will significantly boost regional industrial activities.
Dredging Corporation of India Ltd (DCI) has issued a ₹90.40 crore tender for the operation and management of five trailing suction hopper dredgers over three years, with potential for a two-year extension. This initiative seeks to enhance efficiency amid challenges in recruiting skilled marine personnel. Bidders must comply with specific licensing requirements.
Netincon Marketing Pvt Ltd, a subsidiary of Kolkata’s Ripley Group, secured India’s first electric green tug tender with a bid of ₹6,30,000 per day, undercutting the reserve price. Collaborating with Mandovi Drydocks, they will hire the tug for 15 years, aligning with the Ministry’s Green Tug Transition Programme to promote sustainability.
A tender issued by the Deendayal Port Authority in Mumbai has attracted offers from six groups, including Shipping Corporation of India Ltd, Polestar Maritime Ltd, and Netincon Marketing Pvt Ltd. The tender is for the hire of an electric tug, marking the first such initiative in India in 15 years.
The Zero Emission Maritime Buyers Alliance (ZEMBA) awarded Hapag-Lloyd the first tender for ocean shipping services from Singapore to Rotterdam. Leading consumer and manufacturing companies, including Amazon and Nike, agreed to purchase over one billion TEU miles in 2025 and 2026, aiming for a 90% reduction in greenhouse gases through waste-based biomethane service.
