Tag: India

The number of Indian seafarers employed on Indian or foreign flag vessels saw an unprecedented growth of 35% last year, according to data provided by the Indian Ministry of Shipping. The figure rose from 154,349 in 2017 to 208,799 in 2018.

In an attempt to tackle marine pollution, India's Ministry of Environment, Forests and Climate Change signed a letter of Intent finilizing the India-Norway Marine Pollution Initiative together with the Norwegian ministry of Foreign Affairs. Both Indian and Norwegian government agreed on jointly working on keeping oceans clean by signing an MoU and establishing the India-Norway Ocean Dialogue during the Norwegian Prime Minister’s visit to India in January.

India informed that Maersk Line will move 16 containers on river Ganga, from Varanasi to Kolkata, on January 12. Maersk is onboard India’s inland waterways for the first time. Cargo will now move directly from the hinterland to and from Bangladesh and the rest of the world through Bay of Bengal. Maersk moving containers on river Ganga comes after similar movements already done by companies like PepsiCo, Emami Agrotech, IFFCO Fertilizers, Dabur India. 

DP World will start its first hyperloop project in India. During 2018, DP World collaborated with Virgin Hyperloop One to create a cargo transporter. Now, the first project destination will take place in India. However, it is not yet known when the project will start. Hyperloop is a futuristic mode of passenger and freight transportation in which a pod-like vehicle is propelled through a near-vacuum steel tube.

India's Minister of State for Shipping Shri Pon Radhakrishnan shared the benefits of sending trucks through sea routes, as the country has been exploring new avenues for promotion of shipping, commerce and trade through coastal shipping. 

India’s government was announced to have set aside USD 21 million in this 2019's budget as expenditure for the Iranian southeastern port of Chabahar growth. In October 2018, Iran, India and Afghanistan inked an agreement on transit of goods via Chabahar. 

Iran's Shahid Beheshti Port in Chabahar, which was taken over by Indian Ports Global Limited last month, registered high volumes in in container loading and unloading. The Indian Chabahar port reached an increase in container and petroleum products unloading and loading by 61% and 81% respectively.

Jawaharlal Nehru Port Trust (JNPT) has become India’s only port to get listed among the top 30 global container ports, as according to the latest Lloyds Report JNPT notched up five spots, to be 28th on the list, compared to its previous ranking. The port also launched its own App service to improve the tracking of consignment and ease the trade process for the EXIM partners.

Drewry reported that due to the latest disaster at the Brazilian mine, Córrego de Feijão, it is possible that the Capesize demand will be decreased by approximately 35-40 vessels in 2019. In a timeframe of one year, one Capesize vessel transfers two million tonnes of iron ore from Hedland to Qingdao, while the same vessel ships just 0.7 million tonnes in a year from Itaqui to Qingdao.

Under its National Offshore Wind Energy Policy, India's Ministry of New and Renewable Energy has issued draft offshore wind energy lease rules for the development of offshore wind energy projects for production of electrical power within the Exclusive Economic Zone (EEZ) of the country.