Maritime industry explores Nuclear Power for ships, faces challenges
Adani's APSEZ Eyes Port Development in Philippines
Adani Ports and Special Economic Zone (APSEZ), a subsidiary of Adani Group, is reportedly considering a foray into port development in the Philippines. This potential venture underscores APSEZ's strategic expansion efforts beyond India's borders and its ambition to establish a global presence in the maritime industry.
The exploration of port development in the Philippines represents a significant opportunity for APSEZ to leverage its expertise and experience in port operations and management. The venture aligns with the company's vision of becoming a leading player in the global logist..
Vizhinjam Port Attains Prestigious IMO Certification
Vizhinjam International Seaport, situated in the southern state of Kerala, India, has recently obtained the International Ship and Port Facility Security (ISPS) Code certification from the International Maritime Organization (IMO), a specialized agency of the United Nations. This certification underscores Vizhinjam Port's commitment to ensuring the security of ships and port facilities against potential threats to maritime safety and security.
The ISPS Code, established in the wake of the 9/11 terrorist attacks, sets out a comprehensive framework for enhancing the security of ships and..
Paradip Port Overtakes Deendayal Ports
Paradip Port has emerged as India's largest state-owned port, dethroning Deendayal Port which held the title for 16 years. This significant development underscores Paradip's growing stature in the maritime industry and its pivotal role in facilitating trade and commerce. With strategic location advantages and modern infrastructure, Paradip Port has witnessed steady growth in cargo handling, catering to diverse sectors including coal, iron ore, and container traffic. The port's ascendancy to the top spot reflects not only its operational efficiency but also the concerted efforts of stakeholders..
India, Iran Ink 10-Year Chabahar Port Deal
India and Iran have finalised a ten-year agreement for the development and operation of the strategic Chabahar port following a breakthrough in sourcing equipment. This significant deal underscores the deepening economic and strategic ties between the two nations, facilitating enhanced connectivity and trade opportunities.
The pact for Chabahar port, located in southeastern Iran, is a crucial component of India's efforts to establish a robust maritime corridor connecting it to Central Asia and beyond. With the agreement in place, India aims to leverage Chabahar's strategic location to ..
Adani Port Talks Remain Stalled
Negotiations between Adani Ports and striking workers at the Gangavaram Port in Visakhapatnam have reached a stalemate. The workers, who have been protesting for better wages and working conditions, continue to hold out for their demands.
The striking workers, primarily from local fishing communities, have not seen a salary increase in 14 years, despite the port's substantial profits. Their main demands include a minimum monthly wage of ?36,000, health benefits, and better job security. They argue that their current wages, which range from ?3,700 to ?18,000 per month, are insufficient,..