The Sagarmala Programme was launched with the approval of the Union Cabinet on 25th March 2015, with a view to achieve the broad objective of promoting port-led development in India. The Government had formulated a Central Sector Scheme to provide financial support to Major Ports by way of grant for construction /up-gradation of coastal berths to promote coastal shipping which ...
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Shri Sonowal announces New Model Concession Agreement – 2021 for Public-Private-Partnership (PPP) Projects at Major Ports
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal today announced the revised Model Concession Agreement (MCA) – 2021 for PPP projects at Major Ports. In a statement he said, the new MCA will be applicable to all the future PPP projects at major ports, as well as projects which are already approved by the Government but are still under ...
Read More »Swachhta Pakhwada 2021 concludes at Paradip Port Trust
Observance of Swachhta Pakhwada concluded at Paradip Port (PPT)today. Chairman Shri P. L. Haranadh gave away prizes to the winners of various competitions held among the local school children to mark the occasion. The observations concluded with a play EBE NUHEN TA KEBE NUHEN conducted by local cultural organisation CANMASS. Dy.Chairman Shri A.K.Bose and other senior officers were also present on the ...
Read More »Swachhata Pakhwada 2021 at Paradip Port Trust
Coinciding with Azadi Ka Amrit Mahotsav Celebrations, PPT began the observance of “Swachhta Pakhwada” today. It started with a Swachhata Pledge administered by Shri A.K. Bose, Dy. Chairman, PPT to HoDs and Dy. HoDs at the Portico in front of PPT Administrative Building. Due to COVID-19 Guidelines, different Head of Offices and that staff took pledge in their respective office ...
Read More »Cabinet approves scheme for promotion of flagging of merchant ships in India by providing subsidy support to Indian shipping companies in global tenders floated by Ministries and CPSEs
In order to achieve the objective of Atmanirbhar Bharat, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a scheme to provide Rs.1624 crore over five years as subsidy to Indian Shipping companies in global tenders floated by Ministries and CPSEs for import of government cargo in the following manner: For a ship which is flagged in India ...
Read More »Maiden Voyage of Coastal Shipping Service “Green Freight Corridor-2” from Cochin Port to Beypore and Azhikkal Ports
The Ministry of Ports, Shipping and Waterways has accorded high priority to building greater synergies between the Major Ports and Non-Major Ports in order to promote coastal trade and to provide sustainable, cost-effective and efficient Intermodal & Multimodal customer solutions. By doing so, the Ministry aims to provide seaborne connectivity to the trade and industries in the hinterland, reduce congestion ...
Read More »Ministry of Ports, Shipping and Waterways issues finalized guidelines of Floating Structures
Ministry of Ports, Shipping and Waterways has finalized and issued the guidelines for floating structures, with a vision to set up world-class floating infrastructure all along the coastline, in the upcoming projects as per the provisions contained in the guidelines. The guidelines sets out various technical aspects for implementation of Floating Jetties / Platforms for Marinas, Minor Harbors, Fishing Harbours ...
Read More »Rs 1,624 Crore subsidy support to indian shipping companies to promote flagging of merchant ships in India
Seven projects worth more than Rs 2,000 crore will be offered by the major ports on Public private partnership mode in FY21-22. This was stated by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting Union Budget 2021-22 in Parliament today. Major ports will be moving from managing their operational services on their own to a ...
Read More »MoU for skill development in Port and Maritime sector signed between the Ministry of Shipping and the Ministry of Skill Development and Entrepreneurship;
To reap the benefit for vast employment opportunities in maritime sector and with a view to certify their skill sets, Memorandum of Understanding (MoU) was signed digitally between Ministry of Shipping and Ministry of Skill Development and Entrepreneurship today. An MoU was signed in the presence of Minister of Skill Development and Entrepreneurship Dr.Mahendra Nath Pandey and Minister of State ...
Read More »Shipping Ministry reduces port tariff rates ranging from 60% to 70% for Cruise Ships
Ministry of Shipping has rationalized tariff rates for the Cruise vessels. The net effect of the rate relaxation would be an immediate reduction in port charges ranging from 60% to 70%, which will give substantial relief to the cruise industry in India, in line with the government policy to support the economy in COVID-19 pandemic situation. Following are the rationalized ...
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Indian Industry Plus A Pratisrutiplus Suppliment