New Delhi, July 15 (IANS) The Ministry of Ports, Shipping and Waterways (MoPSW) has accorded in-principle approval to two strategic maritime infrastructure projects in Gujarat under the Shipbuilding Development Scheme (SbDS), an official statement said on Wednesday.The approved projects include a greenfield shipbuilding cluster in Porbandar district and a state-of-the-art ship repair facility at Vadinar in the Gulf of Kutch, the MoPSW said.The Ministry said the approvals are part of the governme…
Latest Ministry of Ports News & Updates
New Delhi, July 10 (IANS) In a major policy reform aimed at strengthening India’s maritime services ecosystem, the Union government has exempted units established in the International Financial Services Centre (IFSC) at GIFT City in Gandhinagar, from the licensing requirement under the Coastal Shipping Act for chartering foreign vessels for EXIM and international trade operations. The reform is expected to strengthen GIFT City as a globally competitive maritime leasing and financing hub, facilit…
New Delhi, July 3 (IANS) India’s maritime sector is entering a defining decade of growth under the leadership of Prime Minister Narendra Modi, with the proposed Maritime Investment Fund (MIF) set to play a pivotal role in mobilising long-term capital and accelerating investments across ports, shipping, shipbuilding and logistics, Union Ports, Shipping and Waterways Minister Sarbananda Sonowal said on Friday.In a message shared during an industry consultation on the Maritime Investment Fund, Sono…
New Delhi, July 3 (IANS) The Federation of Indian Export Organisations (FIEO) on Friday urged the government to restore export credit as a strategic priority, address rising logistics costs, create a dedicated green transition fund for exporters, and operationalise long-pending GST refunds for foreign tourists, saying these measures are critical to sustaining India’s export growth and enhancing global competitiveness.In its recommendations submitted during the Board of Trade (BOT) meeting held i…
New Delhi, July 3 (IANS) In a major milestone for India’s maritime and manufacturing sectors, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Friday unveiled the first export-import (EXIM) shipping container manufactured in India for global shipping major A.P. Moller–Maersk at the Maersk-CONCOR Inland Container Depot in Uttar Pradesh’s Dadri.Maersk also placed an order for 1,000 additional India-manufactured shipping containers with DCM Shriram Group during the event. Thi…
New Delhi, June 25 (IANS) Mumbai Port Authority celebrated its 154th Foundation Day on Thursday and as part of celebrations presented 63 projects with a combined value of Rs 5,028.17 crore across three phases, an official statement said.These projects include seven for inauguration worth Rs 132.29 crore, 34 for foundation‑stone laying totalling Rs 1,354.59 crore and 22 projects for announcements worth Rs 3,541.29 crore, the statement from Ministry of Ports, Shipping and Waterways said.Senior p…
New Delhi, June 24 (IANS) The Appointments Committee of the Cabinet (ACC) has approved a two-year extension in the central deputation tenure of senior IAS officer Shyam Jagannathan, while also clearing the repatriation of Telangana-cadre IAS officer Sanjay Jaju to his parent state, according to official orders issued by the Centre.Shyam Jagannathan, a 1997-batch IAS officer of the Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre, will continue to serve as Director General (Shippin…
New Delhi, June 22 (IANS) India has emerged as the world’s leading ship recycling nation in 2025, capturing 35.4 per cent market share of global ship recycling in 2025 up from 30.1 per cent in prior year, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD).Ship recycling in India rose significantly to 2.99 million gross tons (GT) in 2025, up nearly 60 per cent from 1.86 million GT in 2024, an official statement said.With this achievement, the targe…
New Delhi, June 12 (IANS) The Ministry of External Affairs (MEA) on Friday summoned US Charge d’Affaires Jason Meeks to lodge India’s strong protest against the continuing attacks by US naval forces on commercial vessels carrying Indian seafarers in the Gulf of Oman, stressing that Washington’s actions are “unacceptable and undermine the safety, security and stability of international maritime commerce” in a sensitive region. “A strong protest was lodged with him regarding the continuing attacks…
New Delhi, June 11 (IANS) The Congress on Thursday expressed grief at the loss of three Indian sailors off the coast of Oman, urging the Indian government to ensure the safety of other Indians stranded in similarly precarious circumstances in the Strait of Hormuz and Gulf of Oman. “The Indian National Congress expresses profound grief at the tragic loss of three Indian sailors off the coast of Oman. We extend our deepest condolences to their families and loved ones and stand in solidarity with…