Sunday, April 26, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Projects: MoPSW identifies 1,300 MTPA cargo movement potential by 2047

Fiinews by Fiinews
December 23, 2023
in Projects
Reading Time: 2 mins read
A A
0
PIB

Sonowal chairs meeting on Coastal Shipping Policy.

0
SHARES
10
VIEWS
LinkedinShare on Twitter

Sonowal says 10 projects of RoRo/RoPax Jetties, Passenger Jetties have been completed

The Ministry of Ports, Shipping and Waterways has identified a potential of 1,300 MTPA cargo movement by coastal shipping by 2047’.

This update was given on 21 Dec 2023 by Minister of Ports, Shipping and Waterways Sarbananda Sonowal to the Meeting of the Parliamentary Consultative Committee.

Cargo handling in National Waterways has grown by more than 1,700% to 126.15 million metric tonnes (MMT) in 2022-23 from 6.83 MMT about 10 years ago.

He also disclosed that the MoPSW has introduced green channel clearance, first and last mile road and rail connectivity, sectoral plans for Efficient Logistics (SPEL) under National logistics policy etc. for the promotion of coastal shipping.

“Today, Government has taken various projects under the Sagarmala Programme for enhancement of Coastal Cargo handling capacity and facilitation of passenger movement along the coast,” he said.

Five dedicated coastal berths have been developed, creating handling capacity of 6.34 MTPA. 

Apart from these berths, 10 projects of RoRo/RoPax Jetties, Passenger Jetties etc. worth Rs.527crore have also been completed, said Sonowal.

To facilitate the coastal vessels the MoPSW has also introduced priority berthing policy and ‘Green’ channel clearance for faster evacuation of coastal cargo at ports. A discount of 40% is offered by major ports on vessel and cargo related charges to coastal cargo vessels. After looking at the potential the government has also reduced GST on bunker fuels used in Indian Flag Vessels from 18% to 5%.

Development of agglomeration centres, silo infrastructure, dedicated warehousing facilities and improvement in end-to-end logistics supply chain are also the focus areas of the ministry for promoting coastal sipping further.

Under the National Logistics Policy (NLP) Sectoral Plans for Efficient Logistics (SPEL) being prepared by line ministries (Food, Fertilizer, Steel, Coal, Cement, P&NG etc.) for promotion of sustainable modes of transport like Coastal Shipping and Inland Waterways.

Even earmarking of minimum cargo – Public Sector Undertakings (PSU’s) like coal and fertilizers through Coastal Shipping has also been formalised. Fiinews.com

Tags: MoPSW
ShareTweetShare

Related Posts

Minister Sonowal
Projects

Project: Maritime sector driving economic growth

by Fiinews
April 25, 2026
0
18

MoUs foster collaboration between academia and policy institutions Minister of Ports, Shipping and Waterways Sarbananda Sonowal has underscored the transformative...

Smw 2026 2
Projects

Project: Details being drawn for digital corridor

by Fiinews
April 24, 2026
0
27

India-Singapore complements each other, says MoPSW Secretary India and Singapore are working out details for infrastructure to be set up...

PIB

Project: Technologies discussed at Berlin meeting

April 24, 2026
15
PIB

Project: NLDS to promote MSMEs’ data policymaking

April 19, 2026
24
NLDS

Project: NLDSL works on Maharashtra’s Logistic

April 19, 2026
19
Renew

Project: ReNew commissioned 2.4GW in FY2026

April 18, 2026
19
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: Rs.2,584.6cr approved for small hydro dams
  • Tech: Rs.10,000cr FoF 2.0 guidelines issued
  • Manufacture: Boehringer provides research platform
  • Project: Maritime sector driving economic growth
  • Market: Uniqus-Surya to pursue finance initiatives

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.