The Indian ministry of ports, shipping, and waterways has also established a ₹100 crore scheme for the development of inland waterways transport. The same is being done in an effort to increase the usage of India’s rivers, canals, and backwaters to carry cargo by the government, in the hope that logistics could become much more effective and eco-friendly. The share …
The South Korean shipbuilding industry, with the top companies of the world under its umbrella, plays a pivotal role in the Indian plan to further enhance the country’s shipbuilding industry. By 2030, India wants to get into the list of the top 10 countries engaged in shipbuilding and ultimately in the top 5 list by 2047, with which the country …
The Vizhinjam International Port has officially come into operation since commercial operations were initiated after a five-month long trial phase of the port and paved the way for significant steps to be taken forward in the state of Kerala with regard to enhancement of international trade. This marks one of the milestone constructions, as all procedures connected with the agreement …
The Indian government has launched a major initiative to enhance port security across the country, tackling growing concerns about contraband, security breaches, and a uniform response to incidents. The move follows a recent discussion led by Prime Minister Narendra Modi, which stressed the need for better security at ports. Recently, an institutional response much bigger has been initiated. That is …
The ambitious container terminal project of V.O. Chidambaranar Port Authority, headquartered at Thoothukudi in the state of Tamil Nadu, has once again gone in for a fresh tender. This time around, the port authority is looking at private investment to the tune of ₹7,055.95 crores to design and construct a 4-million-TEUs-capacity container terminal at its outer harbour of the port-a …