Thursday, May 15, 2025
  • 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

Project: Rhenus to operate barges in India

Fiinews by Fiinews
May 8, 2025
in Projects
Reading Time: 3 mins read
A A
0
PIB

Rhenus-IWAI MoU signed for operating barges in National Waterways.

0
SHARES
24
VIEWS
LinkedinShare on Twitter

0:00

24 national waterways operationalized, says Sonowal

In a major development, Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Memorandum of Understanding (MoU) with Germany’s Rhenus Logistics India Private Limited to operate their barge services in various national waterways in India.

Rhenus Logistics is a Germany-based international logistics service provider operating globally in more than 70 countries with an annual turnover of EUR 8.2 billion.

Under the MoU, Rhenus Logistics will deploy 100 cargo vessels along with pusher tugs in a phased manner along NW-1, NW-2, NW-16 and the Indo-Bangladesh Protocol (IBP) routes. During the first phase — starting from the third quarter of 2025, about 20 barges and six pusher tugs are expected to be deployed in these waterways.

A combination of pushers and barges, to suit low-draft navigation in waterways, will be used to transport both bulk and break-bulk cargo across North and East India, North-East India, and subsequently to neighbouring countries. The operations will gradually be scaled up to include other national waterways in the country https://www.nseindia.com/.

The agreement was signed in the presence of Minister of Ports, Shipping and Waterways Sarbananda Sonowal in New Delhi on 6 May. T.K. Ramachandran, Secretary, MoPSW; Vijay Kumar, Chairman, IWAI, along with other senior officials of the Authority and representatives of Rhenus Logistics India were present at the occasion https://www.bseindia.com/.

Sonowal called the MoU between IWAI and Rhenus Logistics India a bold step towards building a resilient multi-modal logistics ecosystem in the country.

He termed it a significant moment for private participation in the IWT sector and expressed hope that it will open new opportunities of innovation and capital investments in the sector. This move will ensure effective utilisation and expansion of waterways infrastructure thereby lowering the operational costs, making IWT sector more competitive and responsive to market demands https://sbi.com.in/.

The partnership between IWAI and Rhenus Logistics India is a testament to the success of Jal Marg Vikas Project being implemented with the financial assistance of the World Bank – for the capacity augmentation of National Waterway -1 (River Ganga). Under this project, IWAI is undertaking end-to-end maintenance dredging, building IWT terminals and navigational locks, setting up community jetties and providing navigational aids all along the waterway for smooth and efficient passenger and cargo movement.

IWAI has made several infrastructural interventions to develop waterways as a robust engine of growth, said Sonowal, adding that a total number of operational waterways in the country has gone up from 24 to 29. 

As on date, river cruises are being operated on 13 national waterways. Cargo traffic on national waterways has touched an all-time high of 145.84 million tonnes .

The newly-introduced ‘Jalvahak’ Cargo Promotion Scheme is expected to further push this growth.

Launched in December last year, it incentivises cargo owners and movers to the extent of up to 35% of the total actual operating expenditure incurred on waterways journey thus making it more lucrative than before. A fixed scheduled service for cargo movement has also been initiated on NW-1, NW-2 and NW-16 via IBP route under the scheme. Fiinews.com

Tags: MoPSW
ShareTweetShare

Related Posts

Sungrow
Projects

Project: Sungrow wins order for advanced inverters

by Fiinews
May 15, 2025
0
15

Juniper adopts Sungrow technology Sungrow, a global leading PV inverter and energy storage system provider, has secured a significant order...

The Climate Group.
Projects

Project: Renewables must be scaled

by Fiinews
May 15, 2025
0
15

India has role in Asian energy transition India’s fast pace solar energy development programme was lauded at the Climate Group...

CEEW

Project: India needs efficiency in water services

May 15, 2025
15
PIB

Project: DST unveils 5 CCU testbeds

May 15, 2025
14
PIB

Project: States urged to work on PSP-BESS

May 15, 2025
18
LTIMindtree

Project: LTIMindtree uses AI-model for agri sector

May 14, 2025
20
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
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    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

  • Market: Zaggle-Mesh work in US, Europe, LATAM
  • Tech: Chandigarh launches Cyber Wellness Clinic
  • Market: eClerk opens Lima office
  • Project: Sungrow wins order for advanced inverters
  • Tech: Biz2X Underwriting Agent unveiled in Delhi

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.