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India’s Maritime Industry Boosts with Development Fund
The Union Budget's revamped Ship Building Financial Assistance Policy and the ₹25,000 crore Maritime Development Fund have passed the Expenditure Finance Committee review, awaiting Cabinet approval. Finance Minister Nirmala Sitharaman announced the fund to enhance competitiveness in the maritime industry, including significant government contributions and updated shipbuilding assistance schemes... -Crew MirrorPosted On:28-Apr-2025
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Vadhavan Port Secures Deals for Major Expansion
Vadhavan Port in Maharashtra's Palghar district has secured agreements worth ₹57 billion for its upcoming facility. With a total investment of ₹760 billion, the port aims to become India's 13th largest container port, featuring specialized terminals for liquid cargo and chemicals, enhancing India’s global maritime trade capabilities... -Crew MirrorPosted On:28-Apr-2025
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SMPK to Develop Major Barge Terminal on Balagarh Island
The Syama Prasad Mookerjee Port Authority plans to develop a major barge terminal on Balagarh Island to alleviate traffic congestion in Kolkata. Projected to handle 2.7 million tonnes of cargo annually, this initiative aims to enhance logistical operations and improve connectivity for northern regions, benefiting local economies... -Crew MirrorPosted On:28-Apr-2025
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DPA Achieves 10 Million Metric Tons Cargo Milestone
The DEENDAYAL Port Authority in Kandla has reached a remarkable milestone, surpassing 10 million metric tons of cargo two days ahead of last year’s deadline. This achievement underscores the port's efficiency and dedication to service excellence, reflecting its critical contribution to regional economic development, as acknowledged by its chairman and stakeholders... -Crew MirrorPosted On:28-Apr-2025
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Mangaluru Water Metro Project Approved for Inland Transport
The Mangaluru Water Metro project has gained approval from Chief Minister Siddaramaiah, connecting Bajal to Maravoor via the Netravati and Gurupura rivers. This initiative, part of a broader inland transport plan, aims to establish a training center and enhance regional cargo handling, marking a significant step for Karnataka’s water transport ambitions... -Crew MirrorPosted On:28-Apr-2025
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India’s Inland Water Transport Sees Record Cargo Movement
In the fiscal year 2024-25, India's inland water transport sector reached a remarkable milestone with a record-breaking cargo movement of 145.5 million tonnes reported by the Inland Waterways Authority of India. This achievement reflects successful investments and policy initiatives, as well as an increase in national waterways and a strategic focus on multimodal connectivity... -Crew MirrorPosted On:28-Apr-2025
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Goa’s River Navigation Dept Nears Launch of New RoRo Ferries With Enhanced Safety Features
The River Navigation Department is close to finishing its new RoRo ferries to enhance passenger safety. Despite delays, the ferries are expected to undergo trials starting May 15. Challenges in receiving propulsion systems caused setbacks, but the department is determined to launch the ferries next month, improving transportation options in the region... -Crew MirrorPosted On:28-Apr-2025
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Record Growth in Cruise Passenger Volume at Florida’s Port Canaveral in 2025
Port Canaveral in Florida has seen a surge in its cruise ship industry, with a 16 percent increase in passenger volumes in March. CEO Capt. John Murray is thrilled with the demand for sailings and the rise in passenger numbers. The port is investing in improvements to accommodate the growing popularity of cruises departing from Port Canaveral... -Crew MirrorPosted On:28-Apr-2025
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