• 2023 August 21 18:07

    Indian Government to set up Bureau Of Port Security soon

    The Union Minister for Ports, Shipping and Waterways (MoPSW), & AYUSH, Shri Sarbananda Sonowal unveiled a vision for India’s maritime sector, outlining key initiatives that promise a transformative impact the 19th Maritime States Development Council meeting, according to Marine Insight.

    Shri Sonowal spotlighted that the Government will soon put together the Bureau of Port Security towards upgrading security across all the ports in the country. He also highlighted the Government’s focus on sustainable development and shared about the Ministry’s ambitious plan to develop Hydrogen Hubs across the Central Government and State Government ports. He said, “All Central Government and State Government ports will explore the possibility of creating Hydrogen Hubs.” He added that Deendayal Port Authority has already finalised MoUs worth Rs 1.68 lakh crore for this venture.

    In addition, Shri Sonowal announced, emphasising the country’s commitment to quadrupling its port capacity under the Amrit Kaal Vision for Ports. He underlined that all major ports have prepared their Port Master Plans for 2047, and states are also getting their Port Master Plans for 2047 ready. “The total country’s Port capacity will increase from existing around 2,600 MTPA to more than 10,000 MTPA in 2047,” he said.

    The two-day 19th Maritime State Development Council meeting at Kevadia, Gujarat, organised by the Ministry of Ports, Shipping and Waterways to enhance better coordination between major and notified ports, State Maritime Boards, State Governments and Union Territories (UTs) concluded today. MSDC is an apex advisory body constituted in May 1997 to develop the Maritime Sector. It aims to ensure the integrated development of Major and other notified ports.

    The Minister also alluded to India’s growing maritime stature and the upcoming Global Maritime India Summit 2023. The Union Minister announced that all maritime states and Union Territories will participate in the GMIS 2023, making it one of the largest summits in the country. Global Maritime India Summit 2023 is scheduled to be held at Bharat Mandapam, New Delhi, from 17th-19th October 2023.

    GMIS 2023 is a premier maritime sector-focused event to bring together pivotal figures from the industry to explore opportunities, understand challenges, and stimulate investment within India’s maritime sector. Building upon the legacy of its preceding editions of 2016 and 2021, this third edition of the summit aims to unveil broader prospects for domestic and international maritime stakeholders and investors. Delegates from more than 100 countries are expected to participate in the summit with exhibitors and investors from various domains of the maritime sector.

    Besides, the Minister underscored that the country’s maritime sector is currently poised for substantial growth, with investment opportunities identified to be more than 10 lakh crore. He stressed that this burgeoning financial prospect is more than an economic boom; it symbolises an opportunity to generate employment for over 15 lakh youths in the country, intertwining economic advancement with social empowerment.

    In alignment with this vision, the role of private players is being progressively augmented, with Public-Private Partnership (PPP) terminals currently handling about 50% of the cargo at major ports and efforts underway to raise their share to approximately 85% in the coming decades. This strategic move towards privatisation is expected to enhance efficiency and facilitate the scaling of operations.

    Furthermore, there is a discernible focus on enhancing cargo movement on India’s National Waterways, which witnessed a 16% year-on-year increase in the last fiscal year. Ambitious targets have been set to achieve a substantial quantum of 500 MTPA by 2047, underlining the government’s commitment to leveraging the maritime sector as a catalyst for comprehensive national growth.

    Shri Sonowal alluded to the Sagarmala Programme, noting that over the past eight years, the strategic initiatives of the Sagarmala Programme have significantly enhanced port capacity, connectivity, and operational efficiency, driving down costs, shortening vessel turnaround times, accommodating larger ships, and elevating the strategic relevance of Indian ports in the South Asian region. Shri Sonowal encouraged all Coastal States and Union Territories Governments to offer unwavering support to MoPSW, Ministry of Road Transport and Highways and Ministry of Railways in expediting these vital projects.

    On Day Two discussions were made upon the various development agendas related to the implementation of Sagarmala Programme; Development of National Maritime Heritage Complex (NMHC), Lothal, Gujarat; Development of National Waterways; Challenges and opportunities for promotion of RoPax/ Ferries; Urban Passenger Waterways Transportation; Road & Rail port connectivity; Success stories of Coastal States & UTs and Issues/ Challenges faced by State Maritime Boards.




2024 November 4

17:27 Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg
15:52 Paradip Port to be fully mechanised by 2030
14:13 Autonomous vessel to sail 1,500 km from Mumbai to Tuticorin
13:48 DPA Kandla in a plan for new container terminal and multipurpose berth with ₹27,000 crore investment
12:18 China's 41st Antarctic expedition begins
10:34 10 years old Meyer Turku aims for carbon-neutral shipbuilding
09:41 Port of Vancouver vessel traffic management system enhances marine safety and trade efficiency throughout Burrard Inlet

2024 November 3

15:57 Babcock completes deep maintenance of Lambeth River Station
14:09 Fincantieri and BQ Solutions sign MoU to advance naval education and training in Qatar 31 October 2024
12:51 Rolls-Royce develops new mtu energy and automation solutions for future submarines
10:19 Cepsa changes its name to Moeve
09:46 Singapore says no oil sightings arising from oil-related incidents

2024 November 2

18:06 Singapore’s first fully electric cargo vessel wins Green Ship Award at SRS Forum
17:20 VTTI looks to buy into LNG terminals in Asia
16:48 Hudong-Zhonghua Shipbuilding signs contracts for 12 large container ships in the past 10 days
16:32 CHIMBUSCO secures its first LNG refueling service in Europe
15:46 SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
15:24 Wilson Sons to start construction of three new eco-friendly tugboats in 2025
14:57 Rem Offshore holds keel laying ceremony for REM Pioneer
12:30 World's first conversion of large container ship to run on methanol successfully completed
11:52 New offshore platform taps into potential of heavy-oil reserves in China
11:24 HRDD completes desulphurization tower system conversion for a PCTC
09:48 TOWT launches its first cargo sailing ship in Le Havre

2024 November 1

18:00 Marlink to deploy Sealink NextGen hybrid solution on 26 tankers for Transpetro
17:38 Austal Australia delivers 8th Evolved Cape-class Patrol Boat to Royal Australian Navy
17:23 Acteon and Applied Fiber enter MoU to collaborate on mooring solutions
16:54 KOTUG International and Maritalia S.A. secure major marine services contract for bp’s Greater Tortue Ahmeyim gas project
16:24 BW LPG takes delivery of vessel BW Chinook from Avance Gas
15:44 HD Hyundai may nearly double shipbuilding capacity in Vietnam
15:24 Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers
14:36 EU imposes duties on unfairly subsidised electric vehicles from China
14:23 Port of Montreal workers at two terminals start new strike
13:41 Chinese ports container volume rises 7.7 % from January to September of 2024
13:22 MOL, COSCO Co-host 6th Shanghai International LNG Shipping Forum
12:43 Global schedule reliability drops to 51.4% in September 2024
12:22 GTT secures technical services contract with Maran Tankers for eight LNG Dual-Fuel Suezmax vessels
11:45 MSC inks up $2.1bn container ship at the reborn shipyard Rongsheng Heavy Industries
11:28 China's first 'smart factory' for offshore oil, gas equipment fully operational
10:43 Yanmar completes land-based demonstration testing of a hydrogen engine for power generation in coastal vessels
10:23 Samsung Heavy wins W358 bln LNG ship order in Asia
09:58 EU greenhouse gas emissions fell by over 8% in 2023

2024 October 31

18:00 MAN receives multiple orders for MAN B&W G95ME-LGIM Mk 10.5 methanol engines to power a series of VLCV
17:23 The Marechal Duque de Caxias platform ship starts producing in the pre-salt layer
17:06 IWS Seawalker CSOV makes it 1000 ship designs from Kongsberg Maritime
16:45 “K” Line Wind Service and Japan Marine United sign agreement for Phase 2 of NEDO’s Green Innovation Fund Project
16:04 Wärtsilä introduces its innovative NextDF feature for the Wärtsilä 25DF dual-fuel engine
15:45 MOL plans to change charter contract for vessels related to Russia business
15:44 MABUX: Bunker price trends in the world's four largest hubs, Oct 8 - Nov 1, 2024
15:23 HHLA raises expectations for fiscal year 2024
14:59 Major fire extinguished at UK nuclear submarine yard
14:16 AD Ports Group and Somali Ministry of Fisheries & Blue Economy sign MoU for maritime sector development
13:44 Maersk reports Q3 results
12:43 UECC orders four advanced multi-fuel battery hybrid pure car and truck carriers from China Merchants Jinling Shipyard Nanjing
11:39 Japanese сonsortium produces design concept for eco-friendly VLCC
11:12 TMC Compressors bags contract to supply four LNG carriers
10:46 Panama Canal operating costs down 5% in FY2024
09:29 HIF Global and Antarctica21 promote sustainable tourism with e-Fuels

2024 October 30

18:00 East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
17:22 Container traffic at Iranian ports up 5% in the first half of the current Iranian calendar year
17:06 CIMC SOE delivers second 7,600 cbm LNG bunkering vessel to Seaspan Energy
16:42 Klaveness Combination Carriers makes first move into wind with bound4blue eSAIL system on CABU III newbuild
16:23 Transport workers' strike in Argentina to affect port operations
15:59 South Korea's seaport container cargo up 3.5 pct in Q3
15:46 Stena Line marks significant milestones in build of NewMax ships, Stena Futura and Stena Connecta
14:55 DNV and LR grant AiP to HD Hyundai Heavy Industries for ammonia duel-fuel large container vessel
14:45 Jiaxing Port adds a new sea-river intermodal operation area
13:32 Maersk signs long-term methanol sourcing deal
13:08 MOL and Pyxis sign Collaboration Agreement for development and market expansion of electric vessels in Singapore and Japan
12:40 AD Ports Group and the General Department of Vietnam Customs sign MoU
12:21 TE H2, CIP, and A.P. Møller Capital Partner for a large-scale project in the Kingdom of Morocco