Financial support to boost local shipping container manufacturing
PORTS & SHIPPING

Financial support to boost local shipping container manufacturing

The government is considering financial support for local manufacture of shipping containers amid growing shortage and rising costs post Covid. Direct subsidy and support via viability gap funding (VGF) is being examined and a container manufacturing mission is being considered to hasten local manufacturing. The idea is to shield exporters and importers from the vagaries of sudden shortage of containers and spikes. Non-availability of containers was a key challenge when China imported empty containers by offering a premium. Shipping containers manufactured in India can be priced more competitively compared with foreign-owned ones with government support.

Pipavav shipyard, India’s largest, to re-start operations
Pipavav shipyard, India’s biggest shipbuilder by capacity, will spring back to life after a new management took control and is in “advanced talks” with a global fleet owner to build large green bulk carriers worth a few hundred million dollars. Pipavav shipyard has a dry dock measuring 662 metres x 65 metres (of which 295 metres is dedicated for ship repair) with a 600-tonnes SWL goliath crane, making it the largest in India and one of the world’s biggest. Re-starting the shipyard will give India the much-needed capacity to build ships at a time when new shipbuilding slots in the world’s top shipbuilding nations – China, South Korea and Japan – are booked till 2028, forcing owners to look for alternate destinations.
Contact: Pipavav shipyard
Website: www.shipyards.gr

Dredging and reclamation works for Vadhavan port on PPP HAM model
State-run Jawaharlal Nehru Port Authority (JNPA), which is helming the Vadhavan Port project, floated an expression of interest (EoI) to pick a private partner for dredging, offshore reclamation and shore protection works on public-private-partnership (PPP) under Hybrid Annuity Model (HAM) model for the new port. The pre-application conference for dredging, offshore reclamation and shore protection works is estimated to be worth Rs.206 billion for the planned Vadhavan port. The scope of work includes carrying out dredging of approach channel, harbour basin, dredging of material for filling or reclamation of total offshore area of 1,227 hectares and maintenance of the area on a long term concession.  

JSW eyes plans for hydrogen, ammonia plants 
JSW Infrastructure, India’s second-largest port operator, is considering building green hydrogen and ammonia plants at its ports. Earlier this year, the Ministry of Ports, Shipping, and Waterways (MoPSW) identified three key ports—Kandla, Paradip and Tuticorin—as future export hubs for green hydrogen, ammonia, and methanol within the next seven years, aiming to position India as a major green hydrogen exporter.  
Contact: JSW Infrastructure
Tel: 22 4286 1000
Email: infra.mum@jsw.in
Website: www.jsw.in

Machilipatnam Port construction in full swing, completion expected by 2025
In a significant update on India’s maritime infrastructure, Minister of Ports, Shipping, and Waterways Sarbananda Sonowal revealed that construction of Machilipatnam [Andhra Pradesh] Port, which began in April 2023, is expected to be completed by October 2025. This non-major port, under the administrative control of the Government of Andhra Pradesh, is not included in the central government’s Sagarmala Scheme. However, it is supported by a substantial term loan of Rs.39.4 billion from Power Finance Corporation (PFC) to the Machilipatnam Port Development Corporation (MPDCL). Further, investments are being made by the Visakhapatnam Port Authority and the Inland Waterways Authority of India (IWAI), which have undertaken 36 projects in Andhra Pradesh amounting to Rs.46 billion. 

The government is considering financial support for local manufacture of shipping containers amid growing shortage and rising costs post Covid. Direct subsidy and support via viability gap funding (VGF) is being examined and a container manufacturing mission is being considered to hasten local manufacturing. The idea is to shield exporters and importers from the vagaries of sudden shortage of containers and spikes. Non-availability of containers was a key challenge when China imported empty containers by offering a premium. Shipping containers manufactured in India can be priced more competitively compared with foreign-owned ones with government support.Pipavav shipyard, India’s largest, to re-start operationsPipavav shipyard, India’s biggest shipbuilder by capacity, will spring back to life after a new management took control and is in “advanced talks” with a global fleet owner to build large green bulk carriers worth a few hundred million dollars. Pipavav shipyard has a dry dock measuring 662 metres x 65 metres (of which 295 metres is dedicated for ship repair) with a 600-tonnes SWL goliath crane, making it the largest in India and one of the world’s biggest. Re-starting the shipyard will give India the much-needed capacity to build ships at a time when new shipbuilding slots in the world’s top shipbuilding nations – China, South Korea and Japan – are booked till 2028, forcing owners to look for alternate destinations.Contact: Pipavav shipyardWebsite: www.shipyards.grDredging and reclamation works for Vadhavan port on PPP HAM modelState-run Jawaharlal Nehru Port Authority (JNPA), which is helming the Vadhavan Port project, floated an expression of interest (EoI) to pick a private partner for dredging, offshore reclamation and shore protection works on public-private-partnership (PPP) under Hybrid Annuity Model (HAM) model for the new port. The pre-application conference for dredging, offshore reclamation and shore protection works is estimated to be worth Rs.206 billion for the planned Vadhavan port. The scope of work includes carrying out dredging of approach channel, harbour basin, dredging of material for filling or reclamation of total offshore area of 1,227 hectares and maintenance of the area on a long term concession.  JSW eyes plans for hydrogen, ammonia plants JSW Infrastructure, India’s second-largest port operator, is considering building green hydrogen and ammonia plants at its ports. Earlier this year, the Ministry of Ports, Shipping, and Waterways (MoPSW) identified three key ports—Kandla, Paradip and Tuticorin—as future export hubs for green hydrogen, ammonia, and methanol within the next seven years, aiming to position India as a major green hydrogen exporter.  Contact: JSW InfrastructureTel: 22 4286 1000Email: infra.mum@jsw.inWebsite: www.jsw.inMachilipatnam Port construction in full swing, completion expected by 2025In a significant update on India’s maritime infrastructure, Minister of Ports, Shipping, and Waterways Sarbananda Sonowal revealed that construction of Machilipatnam [Andhra Pradesh] Port, which began in April 2023, is expected to be completed by October 2025. This non-major port, under the administrative control of the Government of Andhra Pradesh, is not included in the central government’s Sagarmala Scheme. However, it is supported by a substantial term loan of Rs.39.4 billion from Power Finance Corporation (PFC) to the Machilipatnam Port Development Corporation (MPDCL). Further, investments are being made by the Visakhapatnam Port Authority and the Inland Waterways Authority of India (IWAI), which have undertaken 36 projects in Andhra Pradesh amounting to Rs.46 billion. 

Next Story
Building Material

Viva ACP Unveils Bricklyn: A Fusion of Tradition and Innovation

Viva ACP, Asia’s largest aluminium composite panel (ACP) manufacturer, has launched Bricklyn, a new addition to its Santa Fe series. Inspired by the strength of traditional bricks and reimagined with contemporary design, Bricklyn merges heritage aesthetics with advanced technology.The design draws from Brooklyn’s urban energy and the stacking ingenuity of Jenga, offering structural integrity, aesthetic appeal, and creative flexibility. Available in a range of muted and bold hues, the panels allow architects to craft dynamic, visually striking façades.Engineered using Stucco Textures and S..

Next Story
Infrastructure Transport

GMLR to Transform Mumbai's Real Estate Landscape

The Goregaon-Mulund Link Road (GMLR) is set to reshape Mumbai’s real estate market by significantly improving east-west connectivity. The 12.30 km project, featuring 6.65 km twin tunnels under Sanjay Gandhi National Park, will cut travel time between Goregaon and Mulund from over an hour to just 25 minutes. With Rs 19.58 billion allocated in BMC’s 2025-26 budget and completion expected by 2028, the GMLR is a key urban development milestone.The GMLR is expected to spur real estate activity in Mulund, Malad, Borivali, and Goregaon. Nishant Deshmukh, Founder and Managing Partner of Sugee Grou..

Next Story
Infrastructure Transport

BLR Airport & Menzies Aviation Unveil India’s Largest Domestic Cargo Terminal

Kempegowda International Airport Bengaluru (BLR Airport), operated by Bangalore International Airport Limited (BIAL), has partnered with Menzies Aviation to launch India’s largest Greenfield Domestic Cargo Terminal (DCT). Spanning 245,000 square feet, this state-of-the-art facility significantly enhances BLR Airport’s cargo handling capabilities, improving efficiency, connectivity, and sustainability.Enhanced Capacity & Advanced InfrastructureCovering seven acres, the terminal has a peak handling capacity of 360,000 metric tons, expandable to 400,000 metric tons. Equipped with 42 t..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?