Tajikistan begins talks with Iran over use of Chabahar port

Tajikistan is in negotiations with Iran for cargo transit via Chabahar port, supported by India, to enhance trade with India and the Gulf region. Tajikistan’s transport minister and Iran’s minister recently signed a cooperation agreement. Tajikistan will access the port through Uzbekistan-Turkmenistan or Afghanistan, indicating strategic trade expansion efforts.

India plans to form a consortium including Bharat Global, Indian Port Rail & Ropeway Corporation, Sagarmala Development Company, and Shipping Corporation of India to bid for overseas port operations. The initiative aims to replicate the Chabahar port model in strategic locations, enhance maritime presence, and mitigate global trade disruptions with the establishment of Bharat Container […]

Around 7,500 stakeholders from 11 countries, including the US, UAE, and Norway, will participate in the Maritime India Conference. Union Minister Sarbananda Sonowal will address the event. The conference will focus on transforming ports with smart technologies and sustainable practices, accelerating decarbonisation, enhancing maritime logistics, and innovations in shipbuilding and repair. The event aligns with […]

India plans to invest around Rs 50,000 crores to enhance its inland waterways over five years, with Rs 23,000 crores allocated for new national waterways and green shipping initiatives. The government is also developing shipbuilding and repair facilities across 111 national waterways, reducing logistics costs and boosting ancillary industries while focusing on the socio-economic well-being […]

The Odisha government announces support for a ₹4,000-crore ship recycling hub near Paradip port, two new ports at Inchuri and Bahuda with private sector participation, and investments in railway tracks for mineral evacuation. Hydrogen manufacturing is expected by 2026. The state also plans to develop data centres and an electronic city.

The government has launched a Rs 47,000 crore plan to develop shipbuilding facilities and expand Gujarat’s Kandla Port by 135 MTPA. The initiative includes building and repairing ships, creating a new modern port, and shifting and upgrading cargo handling to increase capacity and efficiency, improving the port’s overall productivity.

Kolkata-based logistics firm WCIL has secured a Rs 139 crore material handling order from Vedanta Ltd. The order involves import, domestic, and export material handling at Vedanta’s Jharsuguda plant for four years. WCIL’s sales stood at Rs 1,685 crore as of March 31, 2024, with a net profit of Rs 80.35 crore.

Vadhvan Port Pvt Ltd has awarded the EPC contract to ITD Cementation India for near-shore reclamation and shore protection for the Vadhvan Port project in Maharashtra, at a cost of Rs 1,648 crore. This contract is pivotal for initiating key infrastructure packages, with the project expected to progress rapidly into 2025.

A high-level Indian delegation visited South Korea to promote India’s maritime growth and seek collaborations with Korean shipbuilders. India aims to attract foreign partners to enhance its shipbuilding ecosystem as it lags far behind global leaders like China, South Korea, and Japan. The government is addressing challenges by introducing bills and pooling ship requirements to […]

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the purchase of eight harbour tugs from Cochin Shipyard Ltd. This is part of the Make in India initiative. The project is valued at Rs 450 crore with deliveries expected between December 2026 and May 2028. This effort aims to enhance operational efficiency and safety […]