Sarbananda Sonowal, India’s Union Minister, emphasized the contribution of the country’s seafarers in making India self-reliant, and keeping the global supply chain operational during the COVID-19 crisis, on Tuesday. The minister added that during the peak of the pandemic, over 2, 10,000 Indian seafarers were serving on foreign and Indian vessels last year.
This made sure that global and Indian trade- and commerce-related activities could go on unhindered. He said that with Indian seafarers...
The Ministry of Ports, Shipping and Waterways (PSW) achieved a new landmark on Tuesday with the motor vessel dubbed (MV) Ram Prasad Bismil. It secured its position as the longest vessel to sail on the river Brahmaputra. The flotilla is 26 meters in width and 90 meters long. It comes loaded with a draft of about 2.1 meters. MV Ram Prasad Bismil completed the pilot run from Kolkata’s Haldia Dock after it was anchored at Guwahati’s Pandu port.
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The motor vessel with its two...
Prime Minister Of India said Unified Logistic Interface Platform- ULIP which is being adapted by the various government departments also needed the involvement of private sector. 24 Digital Systems of 6 Ministries are being integrated through ULIP. This will create a National Single Window Logistics Portal which will help in reducing the logistics cost, he added. Mentioning PLI initiative, the Prime Minister called upon the private sector to invest in the infrastructure of the country.
In this...
As per the Maritime India Vision-2030 published by the Ministry of Ports, Shipping and Waterways, the global downturn in the shipbuilding industry significantly impacted the Indian shipyards and India’s share in the Global markets has declined to less than 1%. Further, the Government of India has approved the Financial Assistance Policy for Indian Shipyards on 9th December 2015 for grant of financial assistance to Indian Shipyards for shipbuilding contracts signed between April 1, 2016 to March...
https://www.marineinsight.com/shipping-news/india-registers-growth-in-shipping-industry/
In order to achieve the objective of Atmanirbhar Bharat, the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved a scheme to provide Rs.1624 crore over five years as a subsidy to Indian Shipping companies in global tenders floated by Ministries and CPSEs for the import of government cargo in the following manner:
In the year 2020, the government has undertaken several important progressive policy interventions and new initiatives to accelerate the overall development of the shipping sector.
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COVID Management
To maintain the supply of essential items and provide effective support in the fight against COVID 19 pandemic, certain services were declared as essential including transport service for carriage of goods by water. However, Ports and dependent stakeholders faced immense...
Ministry of Ports, Shipping and Waterways has compiled the draft guidelines for technical specifications of floating structures, with a vision to set up and deploy world-class floating infrastructure all along the coastline and issued the same for public consultation.
Floating structure because of its inherent advantages, is attractive solution and being encouraged by the Ministry of Ports, Shipping and Waterways. The benefits of floating jetties over the conventional quay and fixed concrete...
In pursuance of ‘Make in India’ policy of the Government of India, the Ministry of Shipping has reviewed the ROFR (Right of First Refusal) licensing conditions for chartering of vessels/Ships through a tender process for all types of requirements.
To promote the demand of the ships built in India, priority in chartering of vessels is given to vessels built in India, flagged in India, and owned by Indians under the amendments in the guidelines of ROFR(Right of First Refusal).
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The Ministry of Shipping has directed all major ports to procure or charter tug boats which are only made in India. All procurements being done by major ports would now need to be carried out as per the revised ‘Make in India’ Order.
The Ministry of Shipping is aiming to promote Indian shipbuilding industry and also have discussion with some leading countries for Make in India shipbuilding. In the meantime, this decision of the Government will be a big move towards realizing Make in India in...
Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through charter flights. It is the highest number of crew changes in the world. Crew change consists of replacing one of the ship’s crew members with another one and involves sign-on the ships and sign-off the ships procedures.
Maritime sector is among the worst hit sectors due to Corona pandemic. Despite that, all the Indian Ports were operational and providing essential services throughout the pandemic and...