logo

Rhenus signs MoU with Inland Waterways Authority of India (IWAI)

Zawya07-05-2025

MUMBAI, INDIA - Media OutReach Newswire - 7 May 2025 - Through the Memorandum of Understanding (MoU), leading global logistics service provider, the Rhenus Group, will operate barge services in various National Waterways in India. In the first phase, Rhenus will introduce push boats and 20 flat bottom barges from Germany with a capacity of 400 tonnes, which can be combined to transport up to 1,200 tonnes per trip. As demand grows, Rhenus India will scale its fleet to 100 barges and expand its corridors across the Indian subcontinent. The partnership with IWAI aims to contribute towards building a resilient multi-modal logistics ecosystem in India, with the eventual goal of carrying over a million tonnes of cargo per year by 2025.
The MoU was signed at the IWAI office on 5 May 2025 and the formal exchange of the MoU took place in the presence of the Hon'ble Minister for Ports, Shipping and Waterways, Government of India, Shri Sarbananda Sonowal on 6 May 2025. The Minister's presence underscored the government's strong commitment to strengthening inland waterways as a key pillar of India's logistics ecosystem. Rhenus is proud to support India's Maritime Amrit Kaal Vision 2047 and lead the way in shaping the future of sustainable logistics and contribute to India's logistics transformation.
With over 14,500 kilometers of navigable waterways, including 111 National Waterways, India's Inland Water Transport (IWT) sector, which is governed by IWAI, has seen significant growth. Cargo volumes have increased from 30 million metric tonnes per annum (MMTPA) in 2014 to 133 MMTPA in 2024.
Rhenus India will introduce its Inland Waterways Transport solutions: barge scheduled services that will facilitate cargo transport on two Indian rivers, the Ganga River and the Brahmaputra River. These sustainable and cost-effective logistics solutions will allow for seamless cargo movements across India and beyond. In this venture, Rhenus is expanding its existing expertise for port operation and inland navigation from Europe to India.
To start, Rhenus India intends to operate barge services on National Waterways NW-1, NW-2, NW-16 and the Indo-Bangladesh Protocol route (IBP), with plans to gradually scale up to include other national waterways in the country. A combination of pushers and barges, to suit low-draft navigation in the waterways, will be used to transport both Bulk and Break-Bulk cargo across North & East India, North-East India, and subsequently neighbouring countries. With 1,000 vessels in operations daily on all navigable waterways in Europe, Rhenus will now tap into its Port Logistics experience, in particular in European inland navigation, as well as resources from its European Waterways fleet to further support India's IWT sector.
In Europe, Rhenus has been active in the inland navigation sector since its foundation year 1912. With barge shipping as its core competency, the Rhenus Group built its company and service portfolio around its logistics activities along the Rhine River and diversified them to include air and ocean freight, warehousing, road freight as well as rail, over time, becoming a worldwide logistics solutions provider.
Vivek Arya, CEO of Rhenus Logistics India & Global CEO of Rhenus Warehousing Solutions Intercontinental, said, "With over 100 years of dedicated expertise in inland waterway operations across Europe, Rhenus is excited to partner with IWAI in this transformative journey to create a smarter, greener and more economical logistics network. Recognizing the immense potential of India's inland waterways, we are committed to adapt our best practices to suit the Indian environment and contribute towards seamless waterway movement through our innovative solutions."
Michael de Reese, Division Head of Rhenus Port Logistics, added, "Inland navigation is the backbone of the producing economy in Germany as well as in Europe. With our expertise and our broad experience in mastering challenges such as infrastructure construction, varying water levels and the training of a reliable expert workforce, we can support the growing Indian economy together with the IWAI."
Hashtag: #Rhenus
The issuer is solely responsible for the content of this announcement.
About Rhenus
The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.
Rhenus

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India faces two years of sugar surplus, growers and officials say
India faces two years of sugar surplus, growers and officials say

Gulf Today

time4 hours ago

  • Gulf Today

India faces two years of sugar surplus, growers and officials say

India is set to produce surplus sugar for at least two consecutive years, as millions of farmers expand the area under sugarcane cultivation amid ample rainfall, boosting crop yields, growers and industry officials said. The rebound in production would allow the world's second-largest sugar producer to increase exports in 2025/26, they said, after poor rainfall cut sugarcane yields and led to two years of export restrictions. 'Sugarcane usually gives us good returns, but sometimes we can't plant it due to a lack of water,' said Umesh Jagtap as he planted the crop on a three-acre plot in Maharashtra, a leading sugar producing state in the west. 'This year, we had heavy rain in May, and the forecast says more rain is on the way. So we're planning to plant more than usual.' Farmers from Maharashtra and neighbouring Karnataka struggle to irrigate their sugarcane crop in May. This year, however, Maharashtra and Karnataka received 1,007 per cent and 234 per cent more rainfall than average, respectively. The rainfall will benefit the crop to be harvested in the 2025/26 season, starting October, and will also support planting for the 2026/27 harvest, said Prakash Naiknavare, managing director of the National Federation of Cooperative Sugar Factories (NFCSF). Sugarcane typically takes 10 to 18 months from planting to harvest. As a result, farmers who began planting this month are expected to harvest their crop during the 2026/27 season. The NFCSF estimates gross sugar production in 2025/26 to rise by nearly a fifth from a year earlier, reaching 35 million metric tonnes. For the 2024/25 marketing year to September, India's net sugar production is expected to fall below consumption for the first time in eight years. This decline stems from a 2023 drought that hit sugarcane planting and forced India to prohibit sugar exports in 2023/24 and allowing merely 1 million tonnes in 2024/25. India was the world's No. 2 sugar exporter during the five years to 2022/23, with volumes averaging 6.8 million tonnes annually. 'Looks like production is set to bounce back strongly, so New Delhi will probably have no trouble allowing exports of over 3 million tonnes in the next season starting October,' said a Mumbai-based trader with a global trade house. Meanwhile Cristal Union, France's second-largest sugar and ethanol maker, on Tuesday posted a 62 per cent fall in net profit in 2024/25 to 117 million euros ($134 million), weighed down by a fall in sugar prices, and warned of weak results in the current fiscal year. Sales for the year ended January 31 declined to 2.65 billion euros from 2.8 billion the previous year, while adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell by a third to 287 million euros, the cooperative said. Other European sugar and ethanol groups, including France's largest producer Tereos and Germany's Suedzucker, have also posted steep profit declines, pressured by weak European sugar prices amid high local supply and strong Ukrainian imports. Higher volumes partly offset the decline in European sugar prices and limited the fall in revenue, the group said. However, a further slide in sugar prices since the start of the year and high costs were likely to weigh on this year's results, it said. 'The Group expects sharply lower results for 2025/26, as a result of much more unfavourable market conditions and sharply rising agricultural and industrial production costs,' the group said in a statement. Meanwhile Argentina's government has increased the prices of sugar- and corn-based bioethanol for mandatory blending with fuels for local use, according to a resolution published in the Official Gazette on Friday. The Energy Secretariat, under the Ministry of Economy, set the price of sugarcane-based bioethanol at 792.122 pesos (about $0.67) per liter, up from the previous price of 788.181 pesos per liter. Meanwhile, the price of corn-based bioethanol rose to 726 pesos per liter (about $0.61), up from 722.395 pesos before the resolution was announced. The changes take effect from the date of publication in the Official Gazette and will remain in effect until a new price is published to replace them. Reuters

Boeing CEO cancels air show appearance visit as India crash
Boeing CEO cancels air show appearance visit as India crash

Zawya

timea day ago

  • Zawya

Boeing CEO cancels air show appearance visit as India crash

Boeing and GE Aerospace are scaling back their public activities following the fatal crash of an Air India jetliner, with the planemaker's CEO canceling his trip to the Paris Airshow next week and GE postponing an investor day. More than 240 people were killed when an Air India Boeing 787 jet bound for London crashed moments after taking off from the city of Ahmedabad on Thursday, authorities said, in the world's worst aviation disaster in a decade. Boeing CEO Kelly Ortberg said in a message to staff on Thursday evening that he and Boeing Commercial Airplanes boss Stephanie Pope had canceled plans to attend the Paris Airshow "so we can be with our team and focus on our customer and the investigation." The air show, which runs from June 16 to June 20 at Le Bourget, is the global aviation industry's largest trade show, where many aircraft orders are typically placed by airlines. Ortberg had been due to attend for the first time as Boeing CEO since being appointed to lead the company out of a series of back-to-back safety, industrial and corporate crises. Aircraft engine maker GE Aerospace, whose engines were in the Boeing 787 plane, had planned an investor day on June 17 coinciding with the show. GE said the briefing had been canceled and it would put a team together to go to India and analyze data from the crashed airplane. "GE Aerospace's senior leadership is focused on supporting our customers and the investigation," the company said. It said it planned to give a financial update later this month. Safety experts stressed it was too early to speculate why one of the world's most modern airliners should crash shortly after take-off. Accidents in that phase of flight are rare, said Paul Hayes, safety director at UK consultancy Cirium Ascend. Most accidents are caused by a cocktail of factors. Under global aviation rules, India will lead the probe with support from NTSB investigators in the United States, who will in turn liaise with Boeing and GE on technical matters. The reduced attendance plans came as delegates said the crash had cast a somber mood over the air show, putting in doubt several order announcements and putting safety back in the spotlight alongside concerns over U.S. tariffs. The world's largest aviation trade expo, running from June 16 to 20 in Le Bourget , usually gives aircraft and arms manufacturers a key stage to showcase deals and sets the tone for a global supply chain already under pressure from shortages. FEWER DEALS Boeing has cancelled some events and is unlikely to make any commercial order announcements at the show, though it will press ahead with low-key briefings on other topics, delegates said. One key expected announcement had been a potential order for dozens of Boeing jets including the 787 from Royal Air Maroc. But the airline plans no announcement at the show and this will also affect Airbus which had been expected to win sell it some 20 A220s, industry sources said. None of the companies had any comment on specific deals. Airbus CEO Guillaume Faury on Friday expressed condolences over the accident and the world's largest planemaker was expected to observe a muted tone surrounding what had been expected to be a busy week for orders to meet high demand. One delegate said business would continue but with fewer of the high-profile press conferences and in-person announcements associated with the industry's biggest commercial showcase. Another said some order announcements could be delayed until later in the year as a mark of respect for victims. "The show will be a lot more sombre, less celebratory," said a delegate involved in planning one such announcement, speaking anonymously because the plans have not been publicly revealed. "The show will go ahead as planned, but it will be more subdued and with less cheerleading," the delegate said. (Allison Lampert in Montreal and David Shepardson in Washington, Tim Hepher in Paris; Editing by Leslie Adler, Jamie Freed and Nick Zieminski)

AD Ports Group, ASRY to collaborate on strategic maritime, ports projects
AD Ports Group, ASRY to collaborate on strategic maritime, ports projects

Gulf Today

timea day ago

  • Gulf Today

AD Ports Group, ASRY to collaborate on strategic maritime, ports projects

AD Ports Group signed three Heads of Terms (HoTs) with the Arab Shipbuilding & Repair Yard Company (ASRY), for the provision of marine services in Bahrain to collaborate on strategic maritime and ports projects. The signing took place in the presence of Shaikh Nasser Bin Hamad Al Khalifa, His Majesty's Representative for Humanitarian Works and Youth Affairs, Kingdom of Bahrain, Chairman of Bapco Energies. These new agreements follow the successful establishment of ASRY Marine, a joint venture between Noatum Maritime, part of AD Ports Group's Maritime & Shipping Cluster, and ASRY, focused on providing integrated marine services in Bahrain. The first Head of Terms (HoT) pertains to a Joint Venture (JV) to manage drydock facilities and shipyards. The JV aims to leverage the capabilities and facilities of each party through their established businesses in this sector. This agreement seeks to enhance drydocking and shipbuilding capabilities within the GCC and explore opportunities in other regions. Additionally, both parties signed a second HoT with a third party, JM Baxi, an India-based well-established business specialising in marine services, ports, logistics, and technology. This agreement focuses on creating green ship recycling facilities to promote a circular economy by repurposing parts and minimising waste, thereby reducing carbon emissions. Green recycling in the shipping industry involves the environmentally responsible dismantling and repurposing of ships, contributing to resource conservation and pollution reduction. JM BAXI is actively involved in promoting and implementing sustainable practices in this area and supports the implementation of the Hong Kong Convention (HKC), a global standard for responsible ship recycling. The final HoT signed by AD Ports Group and ASRY relates to exploring joint investment opportunities within ports and terminals. Through the creation of a collaborative framework and a working group the parties will draw on their joint expertise to identify prospective areas of development. Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said, 'Following the successful formation of our recent joint venture with ASRY, we look forward to deepening our collaboration across the maritime realm. We have already developed strong working ties, and this agreement opens the door to create more value and growth across our operations. Exploring opportunities to establish green ship recycling facilities is also very important for us, ensuring that vessels are retired in a safe and environmentally responsible manner.' Dr. Ahmed Al Abri, CEO - ASRY, said, ' We are proud to enhance and expand our strategic partnership with AD Ports Group through these new agreements. By combining our shared expertise and advanced infrastructure, and in line with global shifts in the maritime industry, we aim to strengthen our capabilities in drydocking and shipbuilding across the GCC and beyond.' 'We also look forward to developing green ship recycling capacities and entering a vital new field in port management and operation. These initiatives reflect our ongoing commitment to a culture of innovation, operational excellence, and driving growth in the maritime sector.' The new areas of cooperation strengthen both parties' maritime capabilities and reach, while the focus on green ship recycling highlights a commitment to sustainability and environmental responsibility, driving innovation and industry growth. Meanwhile last month AD Ports Group signed a Head of Terms Agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The proposed joint venture, which would be 51 per cent owned by AD Ports Group and 49 per cent by Advario, has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage by leveraging the partners' complementary strengths, expertise, and market access. AD Ports Group would work closely with Advario's UAE partner, Star Energy, to explore the collaboration. If a joint venture is created, Advario would build bulk storage tanks at Khalifa Port and supporting pipeline infrastructure to the Group's clients in KEZAD, the Middle East's largest integrated industrial zone network. By leveraging KEZAD's industrial base and fully integrated infrastructure, a collaboration will not only enhance AD Ports Group's existing liquid bulk capabilities, but create a launchpad for future investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. WAM

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store