New Delhi: The Union Government has taken a decisive step towards strengthening India’s maritime logistics ecosystem with the signing of a Memorandum of Understanding (MoU) to establish the Bharat Container Shipping Line (BCSL). The initiative, aligned with Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat, is expected to anchor India’s…
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Paradip Port Sets Record with 14.44 MMT Cargo in January 2026
Paradip Port Authority (PPA) has commenced 2026 on a strong note by achieving its highest-ever cargo handling for the month of January. The Odisha-based major port handled 14.44 million metric tonnes (MMT) of cargo during the month, surpassing its previous January record of 14.32 MMT set in 2024. This milestone…
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Vizhinjam Port Expansion Launched to Boost India’s Maritime Power
India’s maritime infrastructure witnessed a landmark moment on Saturday as Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal inaugurated the capacity augmentation works of the Vizhinjam International Seaport in Kerala. The fast-tracked expansion is expected to significantly enhance India’s container transshipment capabilities and strengthen the country’s position in…
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India Launches First Open-Sea Fish Farming in Andaman Sea
In a landmark step towards harnessing India’s vast oceanic potential, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, Dr Jitendra Singh, on Saturday launched India’s first-ever open-sea marine fish farming project in the Andaman Sea. The pioneering initiative was inaugurated at North Bay near Sri…
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Govt Notifies ₹44,700 Cr Shipbuilding Schemes to Boost Capacity
In a major boost to India’s maritime ambitions, the Ministry of Ports, Shipping and Waterways (MoPSW) has notified operational guidelines for two flagship initiatives aimed at revitalising the domestic shipbuilding ecosystem. With a combined financial outlay of ₹44,700 crore, the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme…
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₹69,725 Cr Shipbuilding Package to Create 22 Lakh Jobs
The Union Government has approved a comprehensive ₹69,725 crore Shipbuilding and Ship Recycling Package aimed at transforming India into a globally competitive maritime manufacturing hub. The package adopts a four-pillar strategy focusing on domestic capacity expansion, maritime financing, shipyard development, skilling, and systemic reforms. The announcement was made by Union…
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IIT Guwahati Launches Advanced Underwater Welding Program
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal inaugurated a new Underwater Welding, Offshore Repair and Additive Manufacturing (3D printing) programme at IIT Guwahati on November 22, 2025. The initiative, supported by the Indian Register of Shipping (IRS) and hosted at IITG’s Technology Innovation Hub, aims to create…
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PM Invites Global Investors to India’s Maritime Renaissance
Kevadia, Gujarat, October 31, 2025: Prime Minister Narendra Modi has called on global investors to participate in India’s emerging maritime revolution, describing the nation as the “perfect harbour” for maritime investments. India: The Perfect Harbour for Investment Sharing his thoughts in a detailed LinkedIn post, the Prime Minister outlined India’s…
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PM Shares Highlights from Maritime Leaders Conclave 2025
Prime Minister Narendra Modi on Wednesday shared excerpts of his address at the Maritime Leaders Conclave held in Mumbai, praising the rapid strides India has made in the maritime sector and underlining the need for next-generation reforms to boost investor confidence and inclusive development. Glimpses and key messages The Prime…
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India Maritime Week 2025: Green Shipping, Ports & Defence PPP
India Maritime Week (IMW) 2025 in Mumbai delivered a string of high-impact announcements as the government doubled down on a green, digital and security-focused maritime agenda. Key outcomes included the launch of Green & Digital Shipping Corridors (GDSCs) with Singapore and Rotterdam, India’s first national shore-power standard, enhanced ties with…