Maritime Sector News - Latest Updates & Headlines
India's container volumes at a higher risk of potential global growth slowdown: Jefferies
New Delhi April 16: According to a report by Jefferies, India's port sector, especially the container volume, is likely to be significantly impacted by the US tariff and the potential global growth slowdown.
Kandla Deendayal Port Authority sets 170 MT cargo target after achieving 150 MT in FY 2024-25: Chairperson
Kachchh, April 13: Kandla Deendayal Port Authority (KDPA) is setting ambitious targets after achieving a milestone of handling 150.16 million tonnes of cargo in the financial year 2024-25, exceeding its own target.
Kandla Deendayal Port achieves milestone of handling 150 million tonnes in 2024-25
Kachchh, April 11: Kandla Deendayal Port Authority (KDPA) has met its ambitious target of handling 150 million tonnes of cargo in the financial year 2024-25, as confirmed by Chairperson Sushil Kumar Singh.
Govt aiming to make India a global maritime leader: Sonowal
New Delhi, April 5: Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Saturday said that the government is aiming to make India a global maritime leader as the ocean connects us not just to trade, but to opportunity, growth, and national progress.
PM Modi emphasises strengthening maritime sector, ports on National Maritime Day
New Delhi, April 5: Prime Minister Narendra Modi, on the occasion of National Maritime Day, emphasised the strengthening of the maritime sector and ports in the country.
Will continue to strengthen maritime sector, ports: PM Modi
New Delhi, April 5: Prime Minister Narendra Modi on Saturday said the government will continue to strengthen the country’s maritime sector and ports, which play a crucial role in driving India’s progress and prosperity.
'Sagarmala 2.0' to catalyse investments worth Rs 12 lakh crore: Minister
New Delhi, March 20: The Centre is currently executing 839 projects worth Rs 5.79 lakh crore under the 'Sagarmala' programme, with 272 projects already completed at an investment of Rs 1.41 lakh crore.
Macquarie says Adani Ports poised to capitalise on India's long-term growth, gives 'outperform' rating
Ahmedabad, March 11: Adani Ports and Special Economic Zone Ltd (APSEZ) is well positioned to capitalise on India's long-term growth potential due to its businesses' thematic alignment with the nation's development, a Macquarie Equity Research report has said, giving the country's leading ports operator an 'outperform' rating.
Sonowal launches One Nation-One Port Process to boost India's maritime sector
Mumbai, Feb 27: Union Minister Sarbananda Sonowal on Thursday launched a series of major initiatives of the Ministry of Ports, Shipping and Waterways including the One Nation-One Port Process (ONOP), Sagar Ankalan and the Bharat Global Ports Consortium aimed at modernising India’s maritime infrastructure, strengthening its global trade presence, and promote sustainability.
Union Minister Sarbananda Sonowal to chair post-budget Industry meet on Feb 27
New Delhi, February 26: Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal will chair a high-level industry consultation in Mumbai on Thursday. The event will bring together industry leaders, government officials, and stakeholders to discuss key maritime sector announcements from Union Budget 2025 and their impact on India's maritime growth, said an official statement from the Ministry of Ports, Shipping and Waterways.
IMO Secretary-General Dominguez discusses maritime technology with MoPSW Secretary Ramachandran
New Delhi, February 22: TK Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), welcomed International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez at the Ministry as part of his ongoing visit to India.
Infrastructure development plans to stimulate further investments from private sector
New Delhi, Feb 3: Infrastructure development plans are likely to stimulate further investments from the private sector to boost the transport and logistics sector, a report showed on Monday.
Exceptional rate of capacity enhancement witnessed in Ports sector: Sonowal
New Delhi, Jan 31: Praising Prime Minister Narendra Modi, Union Minister Sarbananda Sonowal on Friday said as a result of the transformational initiatives initiated by the PM in the Ports sector, an exceptional rate of capacity enhancement in ports has been witnessed.