Adani Ports and Special Economic Zone Ltd (APSEZ) has been ranked first in four global rating agencies for its climate actions and environmental performance. The company secured a ‘leadership band’ in CDP Climate Assessment 2023, first in the environmental dimension by S&P Global CSA 2023, and top rank in the marine ports sector by Sustainalytics.
Adani Ports secures top position for climate actions
India introduces SOPs for approving new ports to ensure controlled growth in maritime sector
2 years ago
India is drafting stringent standard operating protocols (SOPs) for the approval of new ports, aiming to regulate the growth of the maritime sector. The emphasis will be on fully utilizing the capacity of existing ports before approving new ones. These SOPs aim to ensure structured growth of Indian ports and safeguard investments made in setting […]
The Maharashtra Coastal Zone Management Authority (MCZMA) has given a go-ahead to the All-Weather Deep Draft Greenfield Vadhavan Mega Port. Jawaharlal Nehru Port Authority (JNPA) is planning to develop this project through a special purpose vehicle (SPV) with the Maharashtra Maritime Board (MMB).
JSW Infra, India’s second largest private port operator, plans to spend ₹6,000-7,000 crore over 3-4 years to increase its annual cargo handling capacity by over 40% to 250 million tonnes. The bulk of investment will be on two greenfield port projects in Karnataka and Odisha as well as the expansion of a cargo terminal. JSW […]
Ship classification societies such as Lloyd’s Register certifies ships for sea worthiness by providing classification and compliance services to the marine and offshore industries, helping ship owners design, construct, operate, and decommission their assets safely as per environmental expectations. This is done by framing rules that are referred to as ‘class rules’.
The new scheme by the Centre aims to support retrofitting existing ships with a Green Hydrogen propulsion system. It will also fund the creation of bunkering facilities in ports. The scheme falls under the National Green Hydrogen Mission, with a budget of Rs 115 crores till 2025-26. The Ministry of Ports, Shipping and Waterways will […]
DTDC, through its subsidiary DTDC Global Express PTE Ltd, has entered the Malaysian market by inaugurating a new office in Kuala Lumpur. The move expands DTDC’s presence in Southeast Asia, adding to its existing locations in Singapore and Australia. The new office in Kuala Lumpur will provide enhanced trans-shipment solutions and offer export and import […]
TVS Industrial and Logistical parks has signed a memorandum of understanding with the Goa Investment Promotion and Facilitation Board for the development of a logistics and warehousing park in the Verna Industrial Estate in Goa. This strategic commitment involves an investment of Rs 125 crore and aims to foster industrial growth in Goa.
India’s growing economy requires strategic allocations for its logistics sector, including the development of multimodal terminals and increasing the rail share. Adoption of bi-modal technologies and zero emission trucks can help reduce emissions and lower operating costs. The focus should also be on improving logistics technology, such as digitizing customs clearance processes
Indian Minister for Ports, Shipping and Waterways Sarbananda Sonowal highlights the Eastern Maritime Corridor (EMC) as an effective alternative for goods movement due to the geopolitical situation in the Red Sea and Suez Canal. He emphasizes the importance of India’s commitment to freedom of navigation and commerce, with measures taken for maritime security. Sonowal envisions […]