Transshipment port to be built under Sagarmala project

The government intends to set up a world-class transshipment port under the ambitious Sagarmala project besides promoting use of coastal shipping and inland waterways for transporting key commodities such as coal, iron ore, foodgrains and petroleum products. The plans were discussed at a high-level meeting to review Sagarmala initiatives, chaired by Road Transport and Highways and Shipping Minister Nitin Gadkari. Potential for developing a world-class transshipment port in India and promoting the usage of coastal shipping and inland waterways for transporting key commodities like coal, iron ore, foodgrains and petroleum products came up during the meeting While highlighting direct and indirect socio-economic benefits to the coastal regions by developing Indian ports and maritime sector, Gadkari also stressed on the need to develop a masterplan for capacity expansion in the existing major ports and creation of new ports with the objective of coast and logistics optimisation.