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India: Year End Review of Ministry of Ports, Shipping and Waterways 2024

Friday, 03 January 2025 | 01:00

Prime Minister inaugurates Green Waterway initiative in Varanasi; unveils diverse array of projects worth Rs.10,324 crore at Tuticorin and flags off India’s first indigenous hydrogen fuel cell vessel built by CSL

India and United Arab Emirates signs on Cooperation for empowerment and operation of India-Middle East Europe Economic Corridor; Inter-Governmental Framework Agreement aims to further strengthen the bilateral relations between two countries in Ports, Maritime and Logistics sectors

India re-elected to Council of International Maritime Organisation for biennium 2024-25 with highest tally

MoUs worth Rs. 30,000+ crore signed during Vibrant Gujarat Global Summit 2024

Ministry constitutes total of 20+ Viksit Bharat Sankalp cells and Neel Arth Vision Implementation Cells identifying need for theme based focused approach towards effective monitoring and implementation of broad objectives as enlisted in Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047

Hon’ble Minister dedicates Tuticorin International Container Terminal at V.O.C. Port Authority; flags off maiden Container Vessel

Launches ‘Cruise Bharat Mission’ from Mumbai Port Authority to boost tremendous potential of cruise tourism in the country

Double Olympic medal winner in shooting in Paris Olympics, Ms. Manu Bhaker, appointed as Brand Ambassador for the Ministry

Union Cabinet approves proposal for new PLR scheme for Major Port and Dock employees from the year 2020-21 to 2025-26; also approves development of National Maritime Heritage Complex at Lothal in Gujarat, an ambitious initiative of the Government of India to create a world-class maritime museum and cultural center dedicated to India’s rich maritime history, heritage, and its strategic position as a maritime power.

Ministry of Ports, Shipping and Waterways organises first ever India Maritime Heritage Conclave-2024 in December, 2024, presided over by Shri Jagdeep Dhankhar, Hon’ble Vice President of India.

Cargo handling capacity at major ports doubled over the past decade reaching 1,630 MTPA by March 2024, as compared to 800.5 MTPA in 2014.

98 port modernisation projects costing over INR 32,000 crores completed so far increasing annual port capacity by more than 230 MTPA.

Foundation stone laying for the Vadhavan Port by Hon’ble Prime Minister, Shri Narendra Modi, marks significant milestone in India’s maritime and port infrastructure development as part India’s efforts to improve port infrastructure, enhance logistics efficiency, and boost economic growth, particularly in Western region

Long-term Main Contract signed between India Port Global Limited (IPGL) and Ports and Maritime Organisation of Iran for development of Shahid Beheshti Port Terminal, Chabahar

As many as 10 Ports of India made it to the Global Top 100 in the latest edition of World Bank’s CPPI 2023 Report

Hon’ble Minister of PSW launches Green Tug Transition Programme for transition from conventional fuel-based harbour tugs to green tugs

India Maldives Shipping Service commences with flagging off of MV MSS Galena from VOC Port, Tuticorin by Hon’ble Minister of State for Ports, Shipping and Waterways

International Passenger Ferry Service between India and Sri Lanka resumes between Nagapattinam (India) and Kankesanthurai (Sri Lanka) to enhance regional connectivity and tourism

Ministry in collaboration with Observers Research Foundation organises “Sagarmanthan: The Great Oceans Dialogue” in November, featuring participants from 60 countries across the globe with more than 1700 participants

Inland Waterways based freight movement increases by ~7x times from 18.1 MMT in FY 14 to 133.03 MMT in FY 24

Hon’ble Minister launches Cargo Promotion Scheme for providing 35% incentive to promote utilisation of inland waterways transport sector by cargo owners and for establishing scheduled service for cargo movement on NW-1 and NW-2 and NW-16 via Indo-Bangladesh Protocol

First Inland Waterways Development Council meeting held on vessel “Ganges Queen” in Kolkata culminated with many firsts to ramp up capacity and augment viability of inland waterways of the country. The meet, with an objective to enable inland waterways as conduits of economic growth and commerce in the country committed an investment Rs. 45,000 crore for development of river cruise tourism

Lighthouse Photo Exhibition in March 2024 in New Delhi aims at promoting Lighthouse Tourism capturing beauty and historical significance of Lighthouses across India’s vast coastline. Ministry is committed to transform Lighthouses as tourist destinations and renovate historic Lighthouses with adequate facilities
Source: Ministry of Ports, Shipping and Waterways

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