Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

India Pledges $20 Billion To Develop Its Maritime Infrastructure: Sonowal

port-and-ship
Jun 06, 2025
Article Source LogoMaritime Gateway
Maritime Gateway

Union Minister Sarbananda Sonowal announced that India has committed $20 billion for infrastructure development, with an emphasis on improving port connectivity, multimodal logistics, and trade facilitation. India’s expanding marine capabilities, such as its favorable policy-induced investment climate, demonstrated shipbuilding strength, and creative financing strategies to boost sectors growth, were underlined by Sonowal during his speech at the Nor-Shipping conference in Oslo.

The minister of ports, shipping, and waterways also urged for more collaborations in the hiring of seafarers. Additionally, Sonowal emphasized the importance of bolstering maritime supply chains and connectivity through key corridors such as the International North-South Transport Corridor (INSTC), the Eastern Maritime Corridor (EMC), and the India-Middle East-Europe Economic Corridor (IMEEC).

In order to facilitate the production of green hydrogen and its derivatives and to lead the way in the use of alternative fuels in the maritime industry, he stated that India is building three Green Hydrogen Hub Ports: Kandla, Tuticorin, and Paradip. He emphasized the importance of a sustainable and green maritime future. Sonowal is visiting Norway and Denmark for five days as part of an official tour.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Port and Ship Related News You might want to check out

View by
Ukraine’S Naftogaz To Buy 140 Million Cubic Metres Of Us Lng From Orlen
Ukraine’S Naftogaz To Buy 140 Million Cubic Metres Of Us Lng From Orlen
Bunker Port News Worldwide
03 July 2025
port-and-ship
Tti Algeciras Submits €150 Million Expansion Plan To Apba
Tti Algeciras Submits €150 Million Expansion Plan To Apba
Port Technology International
03 July 2025
port-and-ship
Uae Ship Arrives At Ashdod Port With 2500 Tonnes Of Aid For Palestinians
Uae Ship Arrives At Ashdod Port With 2500 Tonnes Of Aid For Palestinians
Marine Insight
03 July 2025
port-and-ship
Pakistan Eyes $700 Million In Freight Earnings By Expanding Shipping Fleet — Maritime Ministry
Pakistan Eyes $700 Million In Freight Earnings By Expanding Shipping Fleet — Maritime Ministry
Hellenic Shipping News
01 July 2025
port-and-ship
U.K Seizes 2.4 Tonnes Of Cocaine Worth $132 Million From A Ship Arriving From Panama
U.K Seizes 2.4 Tonnes Of Cocaine Worth $132 Million From A Ship Arriving From Panama
Marine Insight
01 July 2025
port-and-ship
Guinea Exports Record 48.6 Million Tons Of Bauxite
Guinea Exports Record 48.6 Million Tons Of Bauxite
Maritime Logistics Professional
30 June 2025
port-and-ship
Golar Lng Limited Announces Proposed Offering Of $500 Million Of Convertible Senior Notes Due 2030
Golar Lng Limited Announces Proposed Offering Of $500 Million Of Convertible Senior Notes Due 2030
Bunker Port News Worldwide
27 June 2025
port-and-ship
Port Of Long Beach Approves $833 Million Budget
Port Of Long Beach Approves $833 Million Budget
Container News
25 June 2025
port-and-ship
Cargo Throughput Going Through Three Gorges Dam Ship Lock Reaches 2.24 Billion Tons
Cargo Throughput Going Through Three Gorges Dam Ship Lock Reaches 2.24 Billion Tons
Bunker Port News Worldwide
20 June 2025
port-and-ship
South Korean Shipyard Accuses Russia’S Zvezda Of Illegally Cancelling $3.54 Billion Deal
South Korean Shipyard Accuses Russia’S Zvezda Of Illegally Cancelling $3.54 Billion Deal
Marine Insight
20 June 2025
port-and-ship
Sc Ports Approves $300 Million Plan To Expand Infrastructure
Sc Ports Approves $300 Million Plan To Expand Infrastructure
Port Technology International
20 June 2025
port-and-ship
Port Houston Secures $214 Million For Channel Upgrades
Port Houston Secures $214 Million For Channel Upgrades
Port Technology International
19 June 2025
port-and-ship