Indian ports boost efficiency and earnings in 2023-24
MoPSW to develop hydrogen hubs
Under the Green Shipping Initiative, the Ministry of Ports, Shipping, and Waterways (MoPSW) will develop two ports on India's east coast and one port on the west coast as hydrogen hubs as part of the Maritime India Vision 2030.,
According to Union Minister for Ports and Shipping Sarabananda Sonowal, in order to meet India's hydrogen production targets by 2030, the Paradip Port in Odisha, the Deendayal Port in Gujarat, and the V.O.Chidambaranar Port in Tamil Nadu will be developed for handling, storage, and green hydrogen generation.
The minister said that the Ports and..
Haldia inland waterway terminal and jetty to be operational soon
The Haldia inland waterway terminal and jetty is set to be operational for sensind Export-Import Bank of the United States (EXIM) and inland cargo to Guwahati's Pandu terminal, which connects to Kolkata's Northeast region, through National Waterway 2.
The new port will be an easy and cost-effective route for cargo movement to and from the Northeast to foreign countries and other states of India. The Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, is in talks with many stakeholders of the ports and shipping sector of Kolkata and Haldia ports. He said tha..Raw Material Supply to RINL from Gangavaram Port Resumes
After a hiatus of over a month, the supply of raw materials from Adani Gangavaram Port to Rashtriya Ispat Nigam Limited (RINL) has resumed. The disruption, caused by worker agitation at the port, had severely impacted RINL?s operations, which rely heavily on coking coal to manufacture steel.
RINL, based in Andhra Pradesh and one of India's top steel producers, faced significant operational challenges due to the lack of this critical raw material. The company had sought intervention from the Andhra Pradesh government to resolve the issue and ensure the resumption of coal supplies. The p..