Latest news with #Sagarmala
Time of India
a day ago
- Business
- Time of India
Kerala Maritime Board requests govt to hold stakeholder meet on Valiyathura redevelopment
Thiruvananthapuram: As part of expediting the redevelopment of Valiyathura region in the state capital, Kerala Maritime Board (KMB) requested govt to convene a stakeholders' meeting. The meeting, likely to be held under the chairmanship of ports minister V N Vasavan, aims to secure the trust of fishermen, ensuring the project proceeds without affecting their livelihoods. It would address a spectrum of concerns, ranging from fish landing infrastructure and market access to preserving the iconic Valiyathura pier and sustaining community fishing access. The proposed redevelopment spans nearly 4.5 acre of underutilised, KMB-owned land adjacent to the deteriorating pier. Once govt approves the project, KMB will call for expressions of interest (EOI) from qualified consultants and investors for a detailed proposal of the redevelopment project. Based on the proposal, KMB will prepare a report and submit it to the govt for final approval. KMB has prepared detailed preparatory work and land surveys were carried out in anticipation of the redevelopment. However, officials emphasise the importance of winning support from the fishing community before tender invitations and EOI calls can be issued. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pinga-Pinga e HBP? Tome isso 1x ao dia se tem mais de 40 anos Portal Saúde do Homem Clique aqui Undo A senior board official highlighted that fisherfolk has a strong presence in the area and clear strategies, including alternate pathways, must be planned to avoid future conflict. According to KMB chairman N S Pillai, the preparatory work has been done. "It is not just for tourists; we need their (fisherfolk) confidence. The minister is positive about this and will hold a meeting involving fishermen, the church and local representatives. Only then will we proceed with the tender for the maritime hub," Pillai said. Meanwhile, KMB is set to invite EOIs to attract private consultants and investors who would co-develop the site under a public-private partnership (PPP). As per the announcements in Jan this year, the revised proposal includes a maritime hub concept, encompassing a fish landing centre, convention facilities, hospitality zones and museums or maritime-themed attractions. "Following EOI selection, KMB will compile a detailed report, which will then be submitted to the govt for final sanction. Subsequently, a long-term management agreement, likely up to 30 years, will be made with a private partner and a project monitoring committee will oversee coastal regulation zone compliance," Pillai added. Rehabilitation of the historic pier, estimated at Rs 20 crore, is central to the redevelopment. However, earlier such efforts under the Sagarmala scheme were shelved over a lack of funding from Centre. Nevertheless, under the PPP model, restoration of the sea bridge is expected to be bundled with other site upgrades, financed and executed by the private developer. Once slated as a busy cargo port with a 214-m-long pier built in 1956, Valiyathura lost relevance when Kochi port rose to prominence. The pier, described as a heritage structure and a landmark in the area, partly collapsed due to coastal erosion and has been closed for the past four years.
Time of India
4 days ago
- Business
- Time of India
Indian maritime firms bag shipbuilding deals, secures green tech and knowledge partnerships at Nor-Shipping in Oslo
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads OSLO: The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal , attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business.A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders and Engineers Ltd ( GRSE ) for the construction of an additional 4 numbers of 7,500 DWT Multi Purpose vessels will have Hybrid propulsion and adhere to the latest cyber security is in addition to an existing order of 8 such vessels currently being constructed at GRSE's Kolkata also signed MoUs with Aries Marine LLC from UAE on collaboration on "Construction of Offshore platforms and Vessels" and with a Global Engine the Union Minister's visit to the Norway pavilion, an MoU covering multiple areas of collaboration was signed between India's Larsen & Toubro (L&T) group and Norway's includes shipbuilding, Offshore and Maritime and Expanding Port Infrastructure, Energy Systems, Industrial Solutions and Smart Infrastructure, Sustainability, ESG and Risk Services, Software, cyber security, platforms and digital on the occasion, the Union Minister, Sarbananda Sonowal said, "It is a privilege to join you here at the Norwegian Pavilion--an impressive showcase of maritime innovation, deep-rooted seafaring tradition, and forward-looking sustainability. Norway has long been a valued partner of India. Our enduring collaboration is built on shared values, mutual respect, and a common commitment to sustainable development.""As two proud maritime nations with extensive coastlines and rich oceanic traditions, we understand that the future of the blue economy hinges not just on development--but on sustainable, inclusive, and resilient growth. It gives me immense pleasure that many Indian companies are signing MoUs, including those from Norway, further deepening our commitment to collaborate in maritime sector."Sarbananda Sonowal further added, "Our governments are also working closely on green shipping corridors, decarbonisation efforts, ship recycling, and capacity building. The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement. Under the visionary leadership of Prime Minister Shri Narendra Modi, India's maritime sector is undergoing a bold transformation.""Through our flagship initiatives like Sagarmala , we are modernising port infrastructure, improving multimodal logistics, and enabling port-led industrial growth. A key pillar of this vision is the creation of Green Ports and the promotion of low-emission, energy-efficient coastal and inland shipping. Looking ahead, there is great potential for collaboration in offshore wind energy, maritime digitalisation, and sustainable port development. Together, we can unlock not just bilateral opportunities, but also contribute meaningfully to a sustainable and secure Indo-Pacific maritime ecosystem."The Union Minister is also leading a business delegation of key maritime companies with participation from upcoming and of the companies from the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Limited, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electicals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), & Swan Defence & Heavy Industries.
India Gazette
4 days ago
- Business
- India Gazette
Indian maritime firms bag shipbuilding deals, secures green tech and knowledge partnerships at Nor-Shipping in Oslo
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders and Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,500 DWT Multi Purpose vessels. These vessels will have Hybrid propulsion and adhere to the latest cyber security norms. This is in addition to an existing order of 8 such vessels currently being constructed at GRSE's Kolkata yard. GRSE also signed MoUs with Aries Marine LLC from UAE on collaboration on 'Construction of Offshore platforms and Vessels' and with a Global Engine Manufacturer. During the Union Minister's visit to the Norway pavilion, an MoU covering multiple areas of collaboration was signed between India's Larsen & Toubro (L&T) group and Norway's DNV. It includes shipbuilding, Offshore and Maritime and Expanding Port Infrastructure, Energy Systems, Industrial Solutions and Smart Infrastructure, Sustainability, ESG and Risk Services, Software, cyber security, platforms and digital solutions. Speaking on the occasion, the Union Minister, Sarbananda Sonowal said, 'It is a privilege to join you here at the Norwegian Pavilion--an impressive showcase of maritime innovation, deep-rooted seafaring tradition, and forward-looking sustainability. Norway has long been a valued partner of India. Our enduring collaboration is built on shared values, mutual respect, and a common commitment to sustainable development.' 'As two proud maritime nations with extensive coastlines and rich oceanic traditions, we understand that the future of the blue economy hinges not just on development--but on sustainable, inclusive, and resilient growth. It gives me immense pleasure that many Indian companies are signing MoUs, including those from Norway, further deepening our commitment to collaborate in maritime sector.' Sarbananda Sonowal further added, 'Our governments are also working closely on green shipping corridors, decarbonisation efforts, ship recycling, and capacity building. The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement. Under the visionary leadership of Prime Minister Shri Narendra Modi, India's maritime sector is undergoing a bold transformation.' 'Through our flagship initiatives like Sagarmala, we are modernising port infrastructure, improving multimodal logistics, and enabling port-led industrial growth. A key pillar of this vision is the creation of Green Ports and the promotion of low-emission, energy-efficient coastal and inland shipping. Looking ahead, there is great potential for collaboration in offshore wind energy, maritime digitalisation, and sustainable port development. Together, we can unlock not just bilateral opportunities, but also contribute meaningfully to a sustainable and secure Indo-Pacific maritime ecosystem.' The Union Minister is also leading a business delegation of key maritime companies with participation from upcoming and MSME. Some of the companies from the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Limited, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electicals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), & Swan Defence & Heavy Industries. (ANI)
Hans India
4 days ago
- Business
- Hans India
Indian maritime firms bag shipbuilding orders at Oslo meet
Oslo: Indian maritime companies bagged shipbuilding orders and signed MoUs with leading global players to explore opportunities for collaboration and future business at the Nor-Shipping event being held here. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and the Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional four 7,500 DWT multi-purpose vessels. These vessels will have hybrid propulsion and adhere to the latest cybersecurity norms. This is in addition to an existing order of 8 such vessels currently being constructed at the GRSE's Kolkata yard. The GRSE also signed MoUs with Aries Marine LLC from the UAE for collaboration in "construction of offshore platforms and vessels" and with a global engine manufacturer as well. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, was present at the MoU signing ceremonies. During the Union Minister's visit to the Norway pavilion, an MoU was also signed between India's Larsen & Toubro (L&T) Group and Norway's DNV covering multiple areas of collaboration. It includes shipbuilding, offshore & maritime and expanding port infrastructure, energy systems, industrial solutions and smart infrastructure, sustainability, ESG and risk services, software, cyber security, platforms and digital solutions. In his remarks on the occasion, Sonowal said: "Norway has long been a valued partner of India. Our enduring collaboration is built on shared values, mutual respect, and a common commitment to sustainable development. It gives me immense pleasure that many Indian companies are signing MoUs, including those from Norway, further deepening our commitment to collaborate in the maritime sector." "Our governments are also working closely on green shipping corridors, decarbonisation efforts, ship recycling, and capacity building. The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement. Under the visionary leadership of Prime Minister Narendra Modi, India's maritime sector is undergoing a bold transformation. Through our flagship initiatives like Sagarmala, we are modernising port infrastructure, improving multimodal logistics, and enabling port-led industrial growth. A key pillar of this vision is the creation of Green Ports and the promotion of low-emission, energy-efficient coastal and inland shipping. Looking ahead, there is great potential for collaboration in offshore wind energy, maritime digitalisation, and sustainable port development. Together, we can unlock not just bilateral opportunities, but also contribute meaningfully to a sustainable and secure Indo-Pacific maritime ecosystem." The Union Minister is leading a business delegation of key maritime companies with participation from upcoming MSMEs. Some of the companies from the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Ltd, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electricals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), & Swan Defence & Heavy Industries.
India Gazette
5 days ago
- Business
- India Gazette
"India's maritime prowess soars, global collaborations give thrust to Make in India": Union Minister Sarbananda Sonowal
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,500 DWT multi-purpose vessels. These vessels will have hybrid propulsion and will adhere to the latest cybersecurity norms. This is in addition to an existing order of 8 such vessels currently being constructed at GRSE's Kolkata yard. The GRSE also signed MoUs with Aries Marine LLC from the UAE on collaboration on 'Construction of Offshore platforms and Vessels' and with a Global Engine Manufacturer. During the Union Minister's visit to the Norway pavilion, an MoU was signed between India's Larsen & Toubro (L&T) group and Norway's DNV covering multiple areas of collaboration. It includes shipbuilding, Offshore & Maritime and Expanding Port Infrastructure, Energy Systems, Industrial Solutions and Smart Infrastructure, Sustainability, ESG and Risk Services, Software, cyber security, platforms and digital solutions. Speaking on the occasion, Union Minister Sarbananda Sonowal said, 'It is a privilege to join you here at the Norwegian Pavilion--an impressive showcase of maritime innovation, deep-rooted seafaring tradition, and forward-looking sustainability. Norway has long been a valued partner of India. Our enduring collaboration is built on shared values, mutual respect, and a common commitment to sustainable development. As two proud maritime nations with extensive coastlines and rich oceanic traditions, we understand that the future of the blue economy hinges not just on development but on sustainable, inclusive, and resilient growth. It gives me immense pleasure that many Indian companies are signing MoUs, including those from Norway, further deepening our commitment to collaborate in the maritime sector.' Sarbananda Sonowal further added that the governments are also working closely on green shipping corridors, decarbonisation efforts, ship recycling, and capacity building. 'The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement. Under the visionary leadership of our Prime Minister, Narendra Modi ji, India's maritime sector is undergoing a bold transformation. Through our flagship initiatives like Sagarmala, we are modernising port infrastructure, improving multimodal logistics, and enabling port-led industrial growth,' Sonowal said. 'A key pillar of this vision is the creation of Green Ports and the promotion of low-emission, energy-efficient coastal and inland shipping. Looking ahead, there is great potential for collaboration in offshore wind energy, maritime digitalisation, and sustainable port development. Together, we can unlock not just bilateral opportunities, but also contribute meaningfully to a sustainable and secure Indo-Pacific maritime ecosystem,' he added The Union Minister is also leading a business delegation of key maritime companies with participation from upcoming and MSMEs. Some of the companies from the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Limited, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electricals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), & Swan Defence & Heavy Industries. (ANI)
