Shipping and waterways & ayush, Minister of Ports, Shipping and Waterways of India

The newly-developed as well as Odisha's first-ever riverine jetty was on Monday inaugurated at the prime port city of Paradeep by Hon'ble Shri Sarbananda Sonowal, Union Minister for Ports, Shipping and Waterways & AYUSH in presence of Hon'ble Shri Padmanabha Behera, Minister of Commerce & Transport, Planning & Convergence and Hon'ble Shri Raghunandan Das, Minister of State, I&PR, Water Resources, Government of Odisha, and Shri Sambit Routray, Hon'ble MLA, Paradeep.Inaugurating the riverine jetty, the Hon'ble Union Minister for Ports, Shipping and Waterways & AYUSH said that Paradeep will be one of the best destinations for maritime trade and forge better exim (export & import) relations with the neighbouring countries.The riverine jetty will open up a new dimension to the transport sector with the use of multi-modal transport system. This will also help boost the country's economy in multiple ways by lowering the load on roadways and railways and by using a lower emission mode. This will further help the industries interested in the utilization of the gypsum as a raw material, the authorities informed.Indian Farmers Fertilizer Cooperative (IFFCO) Ltd, a leading fertilizer firm in the country, has started the riverine jetty to explore the possibility of using waterways as a feasible mode of transport.Pertinent to note that, the jetty was conceptualized by Orissa Stevedores Ltd (OSL), a reputed company in the fields of shipping, mining and in-plant operations, which was also given the responsibility for developing and operating the same.On February 25, 2021, OSL has entered into an MOU with Paradeep Port Authority and IFFCO for development and operation of the jetty.OSL has achieved this unique feat by Sarbananda Sonowal, in Odisha after almost a century. Currently, the jetty can accommodate vessels up to 2200 DWT. It plans to develop and expand the facilities to accommodate larger vessels, which can directly cater to neighbouring countries."OSL believes that Odisha's vast river network offers ample opportunities for the trade and commerce in the state which would not only help ease congestion on roads but also reduce carbon footprint, making it one of the most eco-friendly ways of transportation," said Shri Mahimananda Mishra, Managing Director and Chairman OSL Group, on the august occasion.Among others, top management authorities of the Paradeep Port, IFFCO and OSL were also present on the notable occasion.This story is provided by PNN.will not be responsible in any way for the content of this article. (ANI/PNN)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Shipping And Waterways & AyushFOLLOW

Shipping and waterways & ayush, Latest News

Business :Union Minister Sonowal inaugurates Odisha's 1st riverine jetty at Paradeep

The newly-developed as well as Odisha's first-ever riverine jetty was on Monday inaugurated at the prime port city of Paradeep by Hon'ble Shri Sarbananda Sonowal, Union Minister for Ports, Shipping and Waterways & AYUSH in presence of Hon'ble Shri Pa ...