The Andhra Pradesh government has issued an Expression of Interest (EOI) to construct, operate, and maintain various ports, aiming to modernize facilities and enhance logistics along its extensive coastline. By inviting domestic and international investors for public-private partnerships, the initiative seeks to boost economic growth, increase cargo handling, and strengthen the logistics sector. This move aligns with India's national maritime policy and positions Andhra Pradesh as a key player in the country's maritime trade landscape.

Ocean Network Express (ONE) will launch a new weekly service, the Indian Coastal Express, connecting India's West and East Coasts via Sri Lanka, enhancing its network in the region with key transshipment hubs. The service, starting on October 23 from Visakhapatnam, will operate on a 28-day route that includes multiple ports and aims to capitalize on the cost-effectiveness of coastal shipping. Supported by the Sagarmala Programme, the initiative is part of broader efforts to improve freight movement, including infrastructure development and financial incentives for coastal operations.

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on wages, ending the strike that began on October 1, which had shut down East and Gulf Coast ports. The agreement extends the Master Contract until January 15, 2025, allowing time to address remaining issues. Although details remain undisclosed, the ILA had sought a $5 per hour wage increase for six years and protections against automation. Port operations are set to resume soon, with specific reopening times announced by various ports, while experts predict a backlog of cargo will take two to three weeks to clear.

The Indian logistics market, valued at ₹9 trillion in FY23, is expected to grow to ₹13.4 trillion by FY28, with a CAGR of 8-9%, driven by structural changes, technological advancements, and government initiatives. The National Logistics Policy aims to enhance infrastructure, increase railway freight share through dedicated freight corridors, and improve road and inland waterways. Additionally, the push for port privatization is enhancing efficiency and infrastructure at Indian ports, benefiting major operators.

Adani Ports and Special Economic Zone (APSEZ) has signed a concession agreement with the Deendayal Port Authority to develop a 300-meter multi-purpose cargo berth at Kandla port, set to be operational by FY27. The berth, with an annual capacity of 5.7 million metric tonnes, will enhance APSEZ's capability to handle clean cargo alongside existing dry bulk operations. This development aims to strengthen APSEZ's presence on the western coast of India, serving customers in Gujarat and northern regions.