Specific intelligence developed by DRI indicated that High-end Luxury Cars were being imported by resorting to undervaluation to the extent of 50 per cent by mis-declaring the import value at the Indian ports of Import to evade the applicable Customs Duties, said a statement from the Ministr
Indian ports collectively allocated 962 acres of land for port-led industrialization, projected to generate an income of Rs 7,565 crore in FY 2024-25 according to a statement by the Ministry of Ports, Shipping and Waterways.
As India's first dedicated container trans-shipment port, it represents transformative advancements in the country's maritime sector, aligning with the vision of Viksit Bharat
Sonowal also introduced 'Indian Ports Bill, 2025', aimed at consolidating laws related to port management, promoting integrated port development, and enhancing the ease of doing business in the maritime sector.
The bill aims to consolidate the law relating to ports, promote integrated port development, facilitate ease of doing business and ensure the optimum utilization of India's coastline by establishing and empowering State Maritime Boards for effective management of ports other than major po
Mumbai (Maharashtra) / New Delhi [India], January 17: FICCI is set to host the third edition of Maritime India Conference & Expo 2025 from 22-24 January at the Bombay Exhibition Centre, with Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal inaugurating the conference
Bunkering activity in India has experienced significant growth in 2024, with the total number of bunkering and ship-to-ship (STS) calls to Indian ports increasing by 64 per cent year-on-year through July.
The Secretary of Ministry of Ports, Shipping and Waterways inaugurated and laid foundation stone of various developmental projects worth more than Rs 13 crore during his visit to Paradip Port Authority (PPA) in Odisha on Monday.
This long-term deal, signed between Indian Ports Global Ltd. (IPGL) and Iran's Port and Maritime Organisation (PMO), grants India operational control over the Shahid Beheshti terminal, a key component of Chabahar's port infrastructure.
The volume of container movements increased at most Indian ports on a yearly basis during the first quarter of 2024, according to an analysis by S&P Global Market Intelligence, a financial information and analytics firm.