The Maharashtra government is partnering with Finland to modernize Mumbai’s historic Sassoon Dock using technology-driven solutions. The project aims to address operational challenges, environmental concerns, and hygiene issues at the busy fishing harbor. The modernization will introduce modular infrastructure and advanced fishing methods to improve efficiency, sustainability, and fishermen’s earnings.
Maharashtra govt teams up with Finland to modernise Mumbai’s historic Sassoon Dock
Adani Group and partners will double the Colombo terminal capacity. The project is ahead of schedule, despite losing US funding. The terminal is strategically important for India and China. The first phase is complete and the second phase will finish by late 2026. Adani withdrew a funding request from the US.
Transshipment giant PSA eyes expansion
1 month ago
PSA International aims to broaden its footprint in India by venturing into warehousing and forging alliances for inland container management. The company is actively eyeing opportunities at the upcoming Vadhavan port in Maharashtra.
Adani Ports plans a ₹30,000 crore expansion over two years, primarily targeting Mundra, Dhamra, and Vizhinjam ports to achieve a one billion tonne cargo handling target by 2030. The investment spans ports, logistics, renewables, and marine services, with a focus on berth and terminal expansion.
India’s maritime sector is poised for significant growth, with projected investments of Rs 80 lakh crore and the creation of 1.5 crore jobs. The Sagarmala program, with 840 projects underway, is driving this transformation. Key initiatives, including the Vadhavan Port and improvements in port turnaround times, are positioning India as a global maritime leader, with […]
India is set to introduce 40 billion rupees in incentives to revitalise its shipbreaking industry and regain market dominance from Bangladesh and Pakistan. The plan includes credit notes for ship owners, valued at 40% of scrap value, usable for purchasing domestically built ships.
The Noble Walker, a sanctioned vessel carrying Russian oil, has rerouted to India’s Vadinar port after Adani Group banned blacklisted ships from Mundra port. Carrying about a million barrels of Russian crude for HMEL, the vessel was previously headed to Mundra. India has been tightening surveillance on Russian oil vessels after becoming a major buyer.
Syama Prasad Mookerjee Port, Kolkata, inked a 30-year concession with JSW Infrastructure Ltd for a Rs 740-crore project. This involves reconstructing berth 8 and installing rail-mounted quay cranes at berths 7 and 8 in Netaji Subhas Dock. The project aims to enhance container cargo handling with a 25-acre backup area, projecting an annual handling capacity […]
India’s logistics sector braces for a surge in demand as the revamped GST takes effect on September 22, triggering a consumption spike. Automakers, electronics firms, and e-commerce platforms are scrambling to secure trucks and bolster infrastructure to meet the anticipated festive season rush.
Adani Ports & Logistics has officially banned vessels sanctioned by the EU, US, and UK from its ports, responding to increased international oversight of Russian and Iranian shipping, especially oil transported via the shadow fleet. The advisory, issued on September 11, 2025, prohibits sanctioned vessels from entering, berthing, or utilizing port services, aiming to restrict […]