Ministry supports green shipping financially
PORTS & SHIPPING

Ministry supports green shipping financially

The Ministry of Ports, Shipping, and Waterways (MoPSW) announced that a 30 percent financial support would be provided for the promotion of green shipping. It was also stated that a single-window portal would be developed to facilitate and monitor river and sea cruises. Sarbananda Sonowal, the Minister of Ports, Shipping, and Waterways, made five significant announcements during the ministry's second Chintan Shibir held in Munnar, Kerala, focusing on green shipping and the digitization of ports.

The "Panch Karma Sankalp" includes MoPSW providing 30 percent financial support for the promotion of green shipping. Additionally, Deendayal Port and VO Chidambaranar Port in Tuticorin will be developed as a Green Hydrogen Hub. Jawaharlal Nehru Port and VO Chidambaranar Port in Tuticorin are set to become smart ports by next year.

The ministry initiated its Chintan Shivir in Munnar, Kerala, to establish targets and discuss ideas to make India Atmanirbhar (self-reliant) in the maritime sector.

Sonowal further mentioned that he would review the progress regarding these targets in a mid-year Chintan after a few months. He also emphasised that strict action might be taken in case of any project completion delays.

On the second day of the Chintan Shivir, the focus shifted to improving port administration, standardisation, cargo handling in major ports, and strategies to enhance cargo, VGF (Viability Gap Funding), and PPP (Public-Private Partnership) in Inland Waterways and Coastal Shipping.

The statement highlighted that the implementation of various initiatives, in conjunction with the development of coastal berths infrastructure under the Sagarmala program, has resulted in a significant increase in cargo movement through coastal shipping.

Also read:
Machilipatnam port to be revived after 200 years
JSW Infra to boost container capacity at New Mangalore Port


The Ministry of Ports, Shipping, and Waterways (MoPSW) announced that a 30 percent financial support would be provided for the promotion of green shipping. It was also stated that a single-window portal would be developed to facilitate and monitor river and sea cruises. Sarbananda Sonowal, the Minister of Ports, Shipping, and Waterways, made five significant announcements during the ministry's second Chintan Shibir held in Munnar, Kerala, focusing on green shipping and the digitization of ports. The Panch Karma Sankalp includes MoPSW providing 30 percent financial support for the promotion of green shipping. Additionally, Deendayal Port and VO Chidambaranar Port in Tuticorin will be developed as a Green Hydrogen Hub. Jawaharlal Nehru Port and VO Chidambaranar Port in Tuticorin are set to become smart ports by next year. The ministry initiated its Chintan Shivir in Munnar, Kerala, to establish targets and discuss ideas to make India Atmanirbhar (self-reliant) in the maritime sector. Sonowal further mentioned that he would review the progress regarding these targets in a mid-year Chintan after a few months. He also emphasised that strict action might be taken in case of any project completion delays. On the second day of the Chintan Shivir, the focus shifted to improving port administration, standardisation, cargo handling in major ports, and strategies to enhance cargo, VGF (Viability Gap Funding), and PPP (Public-Private Partnership) in Inland Waterways and Coastal Shipping. The statement highlighted that the implementation of various initiatives, in conjunction with the development of coastal berths infrastructure under the Sagarmala program, has resulted in a significant increase in cargo movement through coastal shipping. Also read: Machilipatnam port to be revived after 200 years JSW Infra to boost container capacity at New Mangalore Port

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000