IWAI Signs MoU with Rhenus to Boost Cargo on Waterways
WAREHOUSING & LOGISTICS

IWAI Signs MoU with Rhenus to Boost Cargo on Waterways

The Inland Waterways Authority of India (IWAI), under the Ministry of Ports, Shipping and Waterways (MoPSW), has signed a Memorandum of Understanding (MoU) with Rhenus Logistics India to enhance cargo movement on India's national waterways. Rhenus, a German logistics major operating in over seventy countries, will initially deploy one hundred cargo vessels and pusher tugs across major inland routes.

The agreement, signed in New Delhi in the presence of Union Minister Sarbananda Sonowal, marks a significant push toward private sector participation in inland water transport. The phased operation will begin in the third quarter of 2025, with twenty barges and six pusher tugs on National Waterway-1 (Ganga), National Waterway-2, National Waterway-16, and the Indo-Bangladesh Protocol route.

These low-draft vessels will transport bulk and break-bulk cargo across North, East, and North-East India and later to neighbouring countries. This partnership supports the Jal Marg Vikas Project, financed by the World Bank, to upgrade river transport infrastructure.

The initiative aims to lower logistics costs, attract innovation and capital, and expand the country’s cargo handling capacity, which has already reached an all-time high of 145.84 million tonnes. The Jalvahak Cargo Promotion Scheme, launched in December, offers incentives of up to 35 per cent on operational costs to cargo movers using waterways.

Source:Press Information Bureau (PIB), Government of India

The Inland Waterways Authority of India (IWAI), under the Ministry of Ports, Shipping and Waterways (MoPSW), has signed a Memorandum of Understanding (MoU) with Rhenus Logistics India to enhance cargo movement on India's national waterways. Rhenus, a German logistics major operating in over seventy countries, will initially deploy one hundred cargo vessels and pusher tugs across major inland routes.The agreement, signed in New Delhi in the presence of Union Minister Sarbananda Sonowal, marks a significant push toward private sector participation in inland water transport. The phased operation will begin in the third quarter of 2025, with twenty barges and six pusher tugs on National Waterway-1 (Ganga), National Waterway-2, National Waterway-16, and the Indo-Bangladesh Protocol route.These low-draft vessels will transport bulk and break-bulk cargo across North, East, and North-East India and later to neighbouring countries. This partnership supports the Jal Marg Vikas Project, financed by the World Bank, to upgrade river transport infrastructure.The initiative aims to lower logistics costs, attract innovation and capital, and expand the country’s cargo handling capacity, which has already reached an all-time high of 145.84 million tonnes. The Jalvahak Cargo Promotion Scheme, launched in December, offers incentives of up to 35 per cent on operational costs to cargo movers using waterways.Source:Press Information Bureau (PIB), Government of India

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement