Maritime Infrastructure Overhauls, Shipbuilding, and Port Investments

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The Danish shipping giant AP Moller-Maersk has initiated talks with multiple Indian shipyards to build smaller container vessels of around 3,000 TEUs, marking a significant step toward domestic manufacturing. This move follows a historic container order placed by Maersk with DCM Containers and is supported by a ₹80,000 crore government package dedicated to shipbuilding and container manufacturing incentives. On the infrastructure front, Indian Oil LNG Pvt Ltd secured environmental clearance for a ₹3,400 crore expansion of its Ennore LNG terminal in Chennai, which will double its regasification capacity to 10 mtpa over the next 54 months. Meanwhile, the controversy surrounding the Vizhinjam International Seaport stake sale is heading toward resolution. Adani Ports and Special Economic Zone (APSEZ) and the Kerala State Government are working to mend fences after the state expressed displeasure over being left in the dark about a 49% stake divestment worth $1.397 billion to Switzerland’s MSC Group. APSEZ CEO Karan Adani assured that the port will remain a non-discriminatory, open-access facility, and the state’s empowered committee is legally reviewing the proposal. In eastern India, the Syama Prasad Mookerjee Port in Kolkata celebrated maritime milestones by commissioning new container operations at the Netaji Subhas Dock via a public-private partnership with JSW Infrastructure, alongside reviving a mechanized thermal coal facility at Haldia.

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