+
India's Bunkering Activity Jumps 64% in 2024 Amid Shipping Disruptions
PORTS & SHIPPING

India's Bunkering Activity Jumps 64% in 2024 Amid Shipping Disruptions

India has witnessed a remarkable 64% increase in its bunkering activity in 2024, a trend driven by growing maritime fuel demands amid global shipping disruptions. This surge highlights India's expanding role in the global maritime fuel supply chain.

The sharp rise in bunkering activities reflects both increased shipping traffic and heightened demand for fuel due to ongoing global disruptions in shipping routes and supply chains. India's strategic position as a key maritime hub has enabled it to capitalise on these disruptions, enhancing its significance in the international shipping industry.

This uptick in activity underscores India's growing importance as a bunkering destination, with its ports handling a larger volume of maritime fuel. The increase is attributed to several factors, including improved port facilities, increased shipping routes, and the global shift towards more diversified fuel supply sources.

The growth in India's bunkering sector is expected to contribute positively to the country's economy, bolstering its position as a crucial player in the global maritime fuel market. The expansion is also likely to stimulate further investments in port infrastructure and services, reinforcing India's strategic maritime significance.

India has witnessed a remarkable 64% increase in its bunkering activity in 2024, a trend driven by growing maritime fuel demands amid global shipping disruptions. This surge highlights India's expanding role in the global maritime fuel supply chain. The sharp rise in bunkering activities reflects both increased shipping traffic and heightened demand for fuel due to ongoing global disruptions in shipping routes and supply chains. India's strategic position as a key maritime hub has enabled it to capitalise on these disruptions, enhancing its significance in the international shipping industry. This uptick in activity underscores India's growing importance as a bunkering destination, with its ports handling a larger volume of maritime fuel. The increase is attributed to several factors, including improved port facilities, increased shipping routes, and the global shift towards more diversified fuel supply sources. The growth in India's bunkering sector is expected to contribute positively to the country's economy, bolstering its position as a crucial player in the global maritime fuel market. The expansion is also likely to stimulate further investments in port infrastructure and services, reinforcing India's strategic maritime significance.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?