Need to further strengthen ports infrastructure: Prez Droupadi Murmu

India’s President Droupadi Murmu has emphasized the need to strengthen the infrastructure of ports and increase their efficiency. Speaking at the ‘Boita Bandana’ boat worship ceremony in Odisha, Murmu praised the government’s Sagarmala programme for strengthening port activities and emphasized the importance of maritime trade in the country’s trade and economic development.

Strategically positioned in cities like Kolkata, Delhi and Mumbai, this expansion indicates a significant step towards strengthening Blue Dart’s connectivity across the nation, the company said in a statement.

Jindal Steel & Power Ltd chairman Naveen Jindal on Thursday performed Bhoomi Puja for the construction of the 25-MT capacity dry bulk cargo terminal at the western dock of the port.

The Indian government is assessing the feasibility of developing a Bulk Cargo transshipment hub in Atlanta Bay near Diglipur in the Andaman and Nicobar Islands. The hub is part of the Galathea bay project, worth Rs 44,000 crore, and is on the route from East and North East India to East and South East Asia, […]

Bids for the first phase of the ₹44,000 crore Galathea Bay project are expected to be invited early next year. The International Container Transhipment Port at Galathea Bay is part of the development of Great Nicobar Island and is crucial for India’s export import trade.

According to the Shipping Ministry, environmental clearance for the project came in November last year. Stage 1 forest clearance has been received and in-principle approval for Detailed Project Report (DPR) of the International Container Transhipment Port (ICTP) project is under finalization.

GRSE will be responsible for constructing the platform based on the design by Seatech, with Shift providing the energy storage expertise, and ABS ensuring compliance with all relevant regulatory standards, thereby certifying safety, reliability, and adherence to regulations.

The project initially was intended for Adani Ports and SEZ Ltd (APSEZ) in October 2022 as they were the L1 bidder out of two final bids received. JSW Group was also a contender in that round of bidding. Addressing the delegates at the ongoing Bengal Global Business Summit (BGBS), Banerjee said there are 12 “game-changing […]

​The KSRTC is hoping to earn Rs 100 crore in income per year through its logistics business, Reddy said. Each truck will cost the corporation about Rs 17.3 lakh, sources in the KSRTC told ET.

JSW Infrastructure declared its success on Thursday as the winning bidder for the development of a commercial port at Keni in Karnataka on a public-private partnership (PPP) basis. The Letter of Award (LOA) for this significant project has been issued by the Karnataka Maritime Board, Government of Karnataka, according to an official statement from the […]