Maritime Gateway

27/03/2025

11/06/2024

Visakhapatnam Port Introduces Themed Cruises To Attract Enthusiasts
The latest in the themed cruise series of Andhra Pradesh is the wildlife enthusiast cruise that explores the state’s many renowned wildlife sanctuaries and national parks allowing visitors to explore the biodiversity and participate in conservation.
https://www.maritimegateway.com/visakhapatnam-port-introduces-themed-cruises-to-attract-enthusiasts/ Visakhapatnam Port Trust

News, More similar cruise packages have been designed bringing forward the abundant adventure sports options to be experienced in the state, such as water

08/06/2024

APSEZ has received the letter of intent to operate the container facility at Netaji Subhas Dock for a period of five years. The company is required to install cargo handling equipment after receiving the letter of acceptance within seven months.
https://www.maritimegateway.com/adani-ports-bags-contract-to-operate-container-terminals-at-kolkata-port/ Kolkata Port Trust Adani Ports and SEZ Ltd

News, Netaji Subhas Dock is said to be among the largest container terminals on India’s east coast and has handle 0.63 million teus in FY24. It covers the

08/06/2024

The new Central Excise Bill 2024 is expected to be introduced during the upcoming budget session and will repeal the Central Excise Act 1944. It will further streamline the existing GST and Customs operations, making the indirect tax system robust.
https://www.maritimegateway.com/the-new-central-excise-bill-2024-to-offer-more-streamlined-indirect-tax-system/ Central Board of Indirect Taxes and Customs (CBIC) GST Updates

News, The ambit of the bill will be expanded to include CENVAT credit and will extensively review the exemptions given to SEZs under excise duty. Audit

08/06/2024

Bangladesh Inland Waterways Transport Authority has ordered the construction of a trailing suction hopper dredger with Defence PSU Garden Reach Shipbuilders and Engineers Ltd.
https://www.maritimegateway.com/bangladesh-inland-waterways-authority-contracts-with-grse-to-build-dredgers/ Bangladesh Inland Water Transport Authority,Barisal river port GARDEN REACH SHIP BUILDER'S ENGINEERS LTD

News, In a separate development, the ship builder is also developing six patrol boats for Bangladesh's Sustainable Coastal and Marine Fisheries Project. The

06/06/2024

In the FY25, CONCOR aims at increasing its cargo volumes by 18-20% while a capex of Rs.610Cr will be made. The rail freight major expects 15% growth in EXIM cargo and 25% in domestic volumes. The proposed capital expenditure will mainly be made for developing terminals, procuring freight wagons, expanding the fleet of containers, upgrading IT equipment and acquiring land.
https://www.maritimegateway.com/concor-to-grow-cargo-volumes-by-18-20-in-fy25/ Container Corporation of India Ltd.

News, In the FY25, CONCOR aims at increasing its cargo volumes by 18-20% while a capex of Rs.610Cr will be made. The rail freight major expects 15% growth in

06/06/2024

The Central government has announced plans to establish a new shipping company that will gradually expand its fleet by at least 1,000 ships in the next decade.
https://www.maritimegateway.com/a-domestic-shipping-company-on-the-anvil/ Shipping Corporation of India- SCI

News, The vision is to reduce the outgoing freight to foreign firms by atleast one-third by 2047. In this regard, the Central government has announced plans

06/06/2024

In a major step to facilitate trade with paperless Customs process, CBIC will be directly crediting duty drawback amounts to the accounts of exporters. The Public Finance Management System (PFMS) will automatically handle the process revealed Finance Ministry.
https://www.maritimegateway.com/exporters-to-directly-receive-duty-drawbacks-into-their-accounts/ Central Board of Indirect Taxes and Customs (CBIC)

News, The Public Finance Management System (PFMS) will automatically handle the process revealed Finance Ministry.

01/06/2024

The Finance Minister of Bhutan, Lekey Dorji announced The Economic Stimulus Programme (ESP) for all Bhutan nationals with business proposals for creating local jobs, improving exports or contributing to import substitution.
https://www.maritimegateway.com/bhutan-announces-economic-stimulus-programme-to-boost-domestic-production-and-import-substitution/ Lekey Dorji

News, The government of India is sponsoring the ESP programme and out of the Nu 15 billion allocated for the ESP programme, Bhutan had received Nu 2.5 billion

01/06/2024

India has expressed interest to operate Mongla Port in Bangladesh and has expressed interest in taking up new terminal construction at the port. Even China has expressed interest for the same.
https://www.maritimegateway.com/mongla-will-be-the-third-international-port-operation-for-india/ Mongla Port Citizen Of Chittagong

News, India already has transhipment access to both Chittagong and Mongla ports for moving cargo to northeastern states, skipping the 1,650 kilometres

31/05/2024

The Tamil Nadu government is inviting private investors for developing and maintaining the Cuddalore Port for a concession period of 50 years.
https://www.maritimegateway.com/investors-invited-for-developing-cuddalore-port/ Cuddalore City Our Cuddalore Port Tamil Nadu Rig Carriers

News, It seems the state government is trying hard to find an investor for the port, since the tender for the potential investor by the Tamil Nadu Maritime

31/05/2024

The second largest seaport in Bangladesh, Mongla Port will have rail connectivity from June 1, 2024. A commuter train will be operational on Khulna-Benapole-Mongla route.
https://www.maritimegateway.com/mongla-port-gets-rail-connectivity-from-june-1/ BGMEA Mongla Port

News, Bangladesh Railway is launching the train service about seven months after the inauguration of the Khulna-Mongla rail line. The project is being funded