India, US to Boost Maritime Ties

India and the United States are to deepen the scope of cooperation in the maritime sector, with the American ports expressing interest in port-led development on the sub-continent, especially in the Sagarmala program aimed at modernizing the country’s ports, India’s Ministry of Shipping said. 

150 projects under the program have the potential of mobilizing infrastructure investment of USD 50-60 billion and additional investment worth USD 100 billion for promoting industrial growth.

Shri Nitin Gadkari, India’s Minister of Shipping, Road Transport and Highways discussed cooperation possibilities with the representatives of Harbor Department of the City of Long Beach, offering investment opportunities in building and developing new ports, construction of new berths/terminals in existing ports, coastal economic zones, dredging, shipbuilding, ship repairing, ship recycling, development of inland waterways and coastal and cruise shipping.

Gadkari also met with representatives of the Port of Long Beach to explore joint venture opportunities with India’s flagship container handling Jawaharlal Nehru Port (JNPT) to promote transfer of technology and enhance bilateral commerce.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >

Electric & Hybrid Marine World Expo Conference 2019

Electric & Hybrid Marine World Expo Conference is the world’s only international conference…

read more >